| Preface | |
| Sect. 1 | Introduction | 1 |
| 1 | What Is Environmental Economics? | 3 |
| 2 | The Economy and the Environment | 23 |
| Sect. 2 | Analytical Tools | 43 |
| 3 | Benefits and Costs, Supply and Demand | 45 |
| 4 | Economic Efficiency and Markets | 66 |
| 5 | The Economics of Environmental Quality | 86 |
| Sect. 3 | Environmental Analysis | 111 |
| 6 | Frameworks of Analysis | 113 |
| 7 | Benefit-Cost Analysis: Benefits | 137 |
| 8 | Benefit-Cost Analysis: Costs | 160 |
| Sect. 4 | Environmental Policy Analysis | 181 |
| 9 | Criteria for Evaluating Environmental Policies | 183 |
| 10 | Decentralized Policies: Liability Laws, Property Rights, Voluntary Action | 194 |
| 11 | Command-and-Control Strategies: The Case of Standards | 212 |
| 12 | Incentive-Based Strategies: Emission Charges and Subsidies | 233 |
| 13 | Incentive-Based Strategies: Transferable Discharge Permits | 257 |
| Sect. 5 | Environmental Policy in the United States | 273 |
| 14 | Federal Water Pollution-Control Policy | 275 |
| 15 | Federal Air Pollution-Control Policy | 303 |
| 16 | Federal Policy on Toxic and Hazardous Substances | 332 |
| 17 | State and Local Environmental Issues | 363 |
| Sect. 6 | International Environmental Issues | 389 |
| 18 | Environmental Issues in Other Industrialized Countries | 391 |
| 19 | Economic Development and the Environment | 412 |
| 20 | The Global Environment | 436 |
| 21 | International Environmental Agreements | 462 |
| App: Abbreviations and Acronyms Used in the Book | 483 |
| Name Index | 485 |
| Subject Index | 493 |
Format: Textbook Paperback, 3rd ed., 5
