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Greenhouse gas emission reduction is an example of a policy area that is subject to a ______________ because all benefit from the global reduction of

Greenhouse gas emission reduction is an example of a policy area that is subject to a ______________ because all benefit from the global reduction of emissions, but reducing emissions is individually very costly. Greenhouse gas emission reduction is an example of a policy area that is subject to a ______________ because all benefit from the global reduction of emissions, but reducing emissions is individually very costly. collective action problem credible commitment problem functional incompetence principal-agent

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