This concise, well-focused text identifies the failure of the market mechanism in the face of environmental problems, showing how economic policy should be desi

Economics of the Environment, Seventh Edition is a compendium of the best, most timely articles by a dream team of environmental economists, together with an or

Growing populations and economies have increased the public's awareness that the world's environmental resources are finite. The issues of global warming and th

If environmental protection is costly, how much should we spend on pollution control? Is it worth reducing pollution to zero, or should we accept some level of