This study determines the extent to which it is possible to develop monetary estimates of the marginal social cost of fuels, using natural gas to test a methodology that could be applied to other fuels. This requires review of previous estimates of both market and nonmarket costs to the extent...

Several studies have measured the effects of regulation on a particular industry. These studies range widely in sophistication, from simple observation (comparison) of pre-transformation and post-transformation actual industry performance to econometric analysis that attempt to separate the...