TheTheoryofEnvironmentalPolicy

Inthisbook,ProfessorsBaumolandOatesprovidearigorousandcomprehensiveanalysisoftheeconomictheoryofenvironmentalpolicy.Theypresentaformal,theoreticaltreatmentofthosefactorsinfluencingthequalityoflife.Bycoveringboththetheoryofexternalitiesanditsapplicationtoenvironmentalpolicy,theauthorshaveretainedthebasicstructureandorganizationofthefirstedition,whichhasbecomeastandardreferenceinthefield.Inthisedition,however,theyhaveupdatedtheiranalysistoincorporaterecentresearchinenvironmentaleconomics.