Preface to the second edition Preface to the first edition 1. Introduction: economic and environmental policy Part I. On The Theory of Externalities: 2. Relevance and the theory of externalities 3. Externalities: definition, significant types, and optimal-pricing conditions 4. Externalities: formal analysis 5. Uncertainty and the choice of policy instruments: price or quantity controls? 6. Market imperfections and the number of participants 7. Are competitive outputs with detrimental externalities necessarily excessive? 8. Detrimental externalities and nonconvexities in the production set 9. On optimal pricing of exhaustible resources Part II. On The Design of Environmental Policy: 10. Introduction to Part II 11. Efficiency without optimality: the charges and standards approach 12. Marketable emission permits for protection of the environment 13. Stochastic influences, direct controls, and taxes 14. Taxes versus subsidies: a partial analysis 15. Environmental protection and the distribution of income 16. International environmental issues 17. national or local standards for environmental quality? Index.
Preface to the second edition Preface to the first edition 1. Introduction: economic and environmental policy Part I. On The Theory of Externalities: 2. Relevance and the theory of externalities 3. Externalities: definition, significant types, and optimal-pricing conditions 4. Externalities: formal analysis 5. Uncertainty and the choice of policy instruments: price or quantity controls? 6. Market imperfections and the number of participants 7. Are competitive outputs with detrimental externalities necessarily excessive? 8. Detrimental externalities and nonconvexities in the production set 9. On optimal pricing of exhaustible resources Part II. On The Design of Environmental Policy: 10. Introduction to Part II 11. Efficiency without optimality: the charges and standards approach 12. Marketable emission permits for protection of the environment 13. Stochastic influences, direct controls, and taxes 14. Taxes versus subsidies: a partial analysis 15. Environmental protection and the distribution of income 16. International environmental issues 17. national or local standards for environmental quality? Index.
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