Which of the following is NOT an element of the regulatory options spectrum?
A) Market incentives
B) Voluntary compliance
C) Flexible enforcement
D) Contingent valuation

Question

Quizplus · Accepted Answer

Contingent valuation is a method of estimating the value of a resource or ecosystem service based on people's willingness to pay for it, and is not a regulatory option. The other three options (market incentives, voluntary compliance, and flexible enforcement) are all regulatory options commonly used in environmental policy.

Which of the Following Is NOT an Element of the Regulatory