New Article: "Environmental Instrument Choice in a Nonlinear World"

This new article is authored mainly by Kathy Gjerde and Peter Z. Grossman. I'm a coauthor because basically it was my idea, although Peter had a lot to do with refining the idea over two decades of discussions we've been having about it. In any case, I hope and trust this is a valuable addition to the literature. Here is a screenshot of the abstract. If you click on it, it will take you to the full article. I'm not sure whether it's freely accessible or behind a pay-wall.