The Need for Environmental and Natural Resource Policy -- Classical Causes of Environmental Degradation -- Public Economics and Information -- Adapting Models to Ecosystems: Ecology, Time, and Space -- The Evolution of Rights -- Review of Policy Instruments -- Direct Regulation of the...

This book describes the state of the art when it comes to the use of economic instruments in policy making throughout the world. These new and innovative instruments, such as green taxes and tradeable permits, can cut the costs of environmental programs considerably and thereby increase the...