Space matters not only because of the transportation costs it imposes on the economy but also because it can serve as an effective instrument to control pollution damages. Previous models of pollution either disregard space altogether or presume a predetermined separation between polluters and...

We consider the problem of regulating many polluting firms when their individual emissions are unobservable. The tension between the dual regulatory goals of pollution deterrence and funding of remediation is examined under two different constraints: that penalty revenues be sufficient to fund...

1 Agricultural Globalization, Trade, and the Environment: Introduction -- I: Farm Programs and Trade Liberalization -- 2 Farm Policy Reform in the United States -- 3 Trade, Uncertainty, and New Farm Programs -- 4 Has the Importance of Foreign Markets for U.S. Agriculture been Oversold? -- 5...

We consider the problem of regulating many polluting firms when their individual emissions are unobservable. The tension between the dual regulatory goals of pollution deterrence and funding remediation is examined under two different constraints: that penalty revenues be sufficient to fund...