Environmental regulation and policy making are increasingly
influenced by economic considerations. Over the past 30 years,
Wallace E. Oates has been closely involved in the development of
environmental economics as a distinct and vital field for
theoretical study, applied research and policy prescription.Drawing
key papers together in a systematic fashion, Professor Oates's
collection begins with thoughtful overviews of the field and then
continues with discussion of specific issues. Among the topics
addressed are instruments for environmental regulation, the use of
fees and taxes, emission permits, environmental federalism and
global environmental management. The Economics of Environmental
Regulation includes a specially written introduction in which
Professor Oates discusses the dramatic changes in environmental
regulation and enforcement since the 1960s and the growing
recognition of the importance of market approaches in environmental
policy making.
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