Preface -- Visions of the future -- The economic approach : property rights, externalities, and environmental problems -- Evaluating trade-offs : benefit-cost analysis and other decision-making metrics -- Valuing the environment : methods -- Dynamic efficiency and sustainable development --...

The literature and research on environmental and resource economics has exploded in recent years. This major annual publication provides a cutting-edge survey of current research by the leading experts in the field. The Yearbook includes contributions on: * climate change policy * general...