We study the multifunctional character of agriculture based on the fact that agriculture produces jointly a number of food and non-food products. We augment the model of private agriculture with endogenous input and land allocation to include biodiversity, landscape amenity, and chemical runoff.

The world of public goods has changed in the last quarter century. Many of the changes have their origins in massively increased human impacts on the biosphere, and in particular on important life support systems such as the carbon cycle, and on resources such as biodiversity, which operate as...

This paper provides a framework to study how lobby-government interactions affect environmental R&D programs, government' green policies, firms' profitability, and environmental quality when a Northern country and a Southern country are engaged in trade. In our model, the motivation for an...

This paper provides a framework to study how lobby-government interactions affect environmental R&D programs, government' green policies, firms' profitability, and environmental quality when a Northern country and a Southern country are engaged in trade. In our model, the motivation for an...

This paper shows a new way to approach the analysis of international environmental problems and provides a heuristic 'comparative instrument analysis' using this approach. The conclusion is that economic instruments provide certain desirable properties, especially the achievement of cost...

This paper addresses the question about strategic incentives in international environmental agreements and tries to give a positive description of how the design of the agreement influences the strategic behaviour of potential participants before they enter the treaty. A common feature of the...

This paper makes some steps toward a formal political economy of environmental policy. Economists' quasi-unanimous preferences for sophisticated incentive regulation is reconsidered.