Why should regulatory regimes be ‘proportionate’ and ‘real-time’? What are the fundamental building block? (50 words)

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
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Problem 36CTQ: Recycling is a relatively inexpensive solution to much of the environmental contamination from...
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Why should regulatory regimes be ‘proportionate’ and ‘real-time’? What are the fundamental
building block? (50 words)

 

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