Edited by Douglas Fisher
Chapter 5: Economic approaches to environmental governance: a principled analysis
In this chapter the economic approach to environmental governance generally and to environmental law in particular is explained. Attention is paid to the goal of environmental policy from an economic perspective, but also to the economic meaning of environmental principles. The question is equally addressed whether there is a convergence or a divergence between the economic and the legal way in which environmental law is approached. Specific attention is devoted to environmental liability, to economic instruments and to optimal enforcement mechanisms.
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