"Natural Resource Economics: The Essentials offers a policy-oriented approach to the increasingly influential field of natural resource economics that is based upon a solid foundation of economic theory and empirical research. Students will not only leave the course with a firm understanding of...

This important new book is an indispensable guide to the development and implementation of environmental policy. It presents authoritative analyses and state-of-the-art summaries which will be essential both to scholars and practitioners trying to keep abreast of the most recent developments in...

The market for residential solid waste management and disposal has experienced dramatic changes over the past 20 years. This collection of outstanding published research examines these changes and thoroughly analyzes the strategies popularized by municipal governments over the past two decades....

"Environmental and Natural Resource Economics is one of the most widely-used textbooks for environmental economics and natural resource economics courses, offering a policy-oriented approach and introducing economic theory and empirical work from the field. Students will develop a global...

"Environmental Economics: The Essentials offers a policy-oriented approach to the increasingly influential field of environmental economics that is based upon a solid foundation of economic theory and empirical research. Students will not only leave the course with a firm understanding of...

Carbon pricing is a broad term that encompasses two policy approaches: emissions trading and carbon taxation. Emissions trading places a cap on the aggregate emission level and allows the market to determine the price, whereas carbon taxation sets the price and allows the market to determine the...

In a recent article in this journal Hamlen (1977) extends the Baumol-Oates result that an emission fee which achieves a given level of an undepletable externality does so at minimum cost to society. He also suggests a procedure for empirically deriving the value of this fee.

The achievement of an efficient balance between the economic system and the environment is just one of many societal objectives. How environmental policy affects these other objectives is important because these impacts may serve to constrain the set of politically feasible policies, may...