In this concise, engaging, and provocative work, Richard Porter introduces readers to the
economic tools that can be applied to problems involved in handling a diverse range of …

Abstract The Endangered Species Act of 1973 is one of our most far-reaching and
controversial environmental laws. While the benefits of protecting endangered species …

Recent years have witnessed considerable consolidation between the disciplines of
environmental and ecological economics at research level, but until now textbooks in the …

Regulation of hazardous waste and cleanup of contaminated sites are two major
components of modern public policy for environmental protection. We review the literature …

Bureaucracies may set priorities for their workload in response to social goals or pressures
from concentrated private interests. This paper explores bureaucratic priorities empirically by …

This article examines the effects of extending liability from a producer firm that generates
and controls risk to firms who profitably transact with the producer but cannot directly control …

In this paper, we aim to include rule making, implementation, monitoring and enforcement
costs into the cost comparison of policy instruments. We use a simple partial equilibrium …

To encourage redevelopment of potentially contaminated sites (or “brownfields”), various
programs protect purchasers of such sites from Superfund liability. This protection may be …

Ex-regulators often enjoy lucrative periods either working for, or selling advice to, the
industry they previously policed. Conventional wisdom is that such jobs are rewards for …

When Congress passed the Endangered Species Act (ESA) of 1973, it was explicit in stating
that economic criteria should play no role in species listings or in the designation of critical …