The purpose of this short note is to open an exploration regarding the use of non market
valuation to help guide the selection of economically efficient pollution control instruments …

Analyzing the effectiveness of environmental programs and regulations requires comparing
the costs and benefits of reducing different pollutants or further abatement. To make useful …

Economists typically extol the virtues of marketable discharge permits based on their ability
to obtain a given environmental standard at least cost. Previous empirical studies of …

This paper reviews the use of nonmarket valuation in environmental policy at the US
Environmental Protection Agency (EPA). We examine trends in the literature over the last …

Air pollution is an important global issue, and governments are making efforts to reduce air
pollutant emissions. The elaborate calculation of the social costs of air pollution is essential …

An impressive piece of work that deserves to be on every European agricultural economist s
bookshelf. Jean-Christophe Bureau, European Review of Agricultural Economics This is an …

Effluent charges and tradeable permits are economically efficient but rarely used. A new
explanation for this discrepancy is offered. Pricing may crowd out environmental ethics in the …

Title IV of the 1990 Clean Air Act instituted a nationwide system of tradeable pollution
permits for sulfur dioxide emitted by electric power plants. This paper provides new …

The use of benefit-cost analysis in evaluating environmental-policy options recognizes that
the benefits and costs occur at different times, in different forms, and affect different …

Airborne pollutants impact upon a variety of receptors including humans, animals, plants,
buildings and materials. Individuals who are aware of and concerned by such impacts may …