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Market and Non-market Solutions to Ecological Crises

Market and Non-market Solutions to Ecological Crises
Market and Non-market Solutions to Ecological Crises

Ecological crises ranging from climate change to biodiversity loss arise when self-interest outweighs the common good; for example, people aware of the catastrophic social costs of carbon emissions drive anyway because it is personally convenient. Markets, in theory, channel self-interested, competitive behavior towards the common good, leading an increasing number of economists and environmentalists to …

Market and Non-market Solutions to Ecological Crises
Volume 8, Issue 1




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