Policy makers and analysts are often faced with situations where it is unclear whether market-based instruments hold real promise of reducing costs, relative to conventional uniform standards. We develop analytic expressions that can be employed with modest amounts of information to estimate the...

Environmental policy discussions increasingly focus on issues related to technological change. This is partly because the environmental consequences of social activity are frequently affected by the rate and direction of technological change, and partly because environmental policy interventions...

This book is divided into seven parts: overview; methods of environmental policy analysis; economic analysis of environmental policy instruments; economics and technical change; natural resource economics - land and water; domestic climate change policy; and international climate change policy....