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The two explicit carbon prices that are recommended, are as follows: (1) a 'stick' to maximise the efficiency of the marketplace according to the marginal social welfare theory of Pigou, [22] and (2) a 'carrot' to manage the systemic risks associated with the anthropogenic carbon balance.
Compellence is a form of coercion that attempts to get an actor (such as a state) to change its behavior through threats to use force or the actual use of limited force. [1] [2] [3] Compellence can be more clearly described as "a political-diplomatic strategy that aims to influence an adversary's will or incentive structure.
Banks may be able to support progress toward sustainability by society as a whole—for example, by adopting a 'carrot-and-stick' approach, where environmental and social front-runners would pay less interest than the market price for borrowing capital, while environmental laggards would pay a much higher interest rate.
Social theories are analytical frameworks, or paradigms, that are used to study and interpret social phenomena. [1] A tool used by social scientists, social theories relate to historical debates over the validity and reliability of different methodologies (e.g. positivism and antipositivism), the primacy of either structure or agency, as well as the relationship between contingency and necessity.
A North Carolina congressman has proposed legislation that would provide incentives for developers of low-income housing. But is it enough?
Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
The European Union's latest strategy to defuse tensions with Turkey is unravelling, two weeks after it was sealed, raising the risk of conflict in the Eastern Mediterranean, diplomats, officials ...
While the structure–agency debate has been a central issue in social theory, and recent theoretical reconciliation attempts have been made, structure–agency theory has tended to develop more in European countries by European theorists, while social theorists from the United States have tended to focus instead on the issue of integration ...