Structuring a Market-Oriented Federal Eco-Information Policy
40 Pages Posted: 7 Jun 2012
Date Written: June 6, 1995
Information disclosure and labeling policies have been touted as promising tools for addressing environmental problems. These market-oriented approaches seek to use consumer choice to ameliorate environmental effects. In theory, such information enables consumers to account for external costs in their decisionmaking. This article highlights the challenges of pursuing eco-information policies, highlighting the complexity of environmental costs and benefits as well as consumers' cognitive limitations. Based on these challenges, the article offers a comprehensive institutional choice and policy design framework for using information to better environmental protection.
Keywords: information disclosure, environmental policy, labeling, eco-information, federalism
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