Road transport imposes negative externalities on society. These externalities include
environmental and road damage, accidents, congestion, and oil dependence. The cost of …

First published in 1985, Emissions Trading was a comprehensive review of the first large-
scale attempt to use economic incentives in environmental policy in the US and of the …

Drawing on the resource-based view of the firm, we posited that environmental performance
and economic performance are positively linked and that industry growth moderates the …

W HEN THE ENVIRONMENTALrevolution arrived in the late 1960s, the economics
profession was ready and waiting. Economists had what they saw as a coherent and …

This article presents an overview of the design and performance of seven major emissions
trading programs that have been implemented over the past 30 years and identifies a …

Environmental policies typically combine the identification of a goal with some means to
achieve that goal. This chapter focuses exclusively on the second component, the means …

Thomas Sterner's book is an attempt to encourage more widespread and careful use of
economic policy instruments. The book compares the accumulated experiences of the use of …

We analyze a little-studied regulatory approach that we call management-based regulation.
Management-based regulation directs regulated organizations to engage in a planning …

The newest work from one of the most preeminent voices writing in the legal/political arena
today, this important book presents a new conception of the relationship between free …

The most ambitious application ever attempted of a market-based approach to
environmental protection has been for the control of acid rain under the Clean Air Act …