Preface

Part I: Introduction
1. The Environment and Economics
2. Normative and Positive Economic Analysis
Part II: How Much Environmental Quality?
3. Social Choice: How Much Environmental Protection?
4. Efficiency and Markets
5. Market Failure: Public Goods, Public Bads and Externalities
6. Making Decisions about Environmental Programs
7. Demand for Environmental Goods
8. Hedonic Price Methods
9. Household Production
10. Constructed Markets
Part III: Regulating Individuals and Firms
11. Regulating Pollution
12. Prices
13. Property rights
14. Spatial and Temporal Issues
15. Regulating Polluters with Unknown Costs
16. Audits, Enforcement and Moral Hazard
17. Voluntary Actions and Agreements
Part IV: Advanced Topics
18. Risk and Uncertainty
19. International and Interregional Competition