Includes bibliographical references (p. [448]-459) and indexes.

The problem of social cost / Ronald H. Coase -- Externalities: formal analysis / William J. Baumol and Wallace E. Oates -- The economics of exhaustible resources / Harold Hotelling -- Hotelling's "economics of exhaustible resources": fifty years later / Shantayanan Devarajan and Anthony C. Fisher -- The tragedy of the commons / Garrett Hardin -- An institutional approach to the study of self-organization and self-governance in CPR situations / Elinor Ostrom -- Measuring the benefits and costs of pollution control / Maureen L. Croopper and Wallace E. Oates -- Contingent valuation and economics / W. Michael Hanemann -- Sustainability: an economist's perspective / Robert M. Solow -- Environmental accounting: an operational perspective / Peter Bartelmus, Ernst Lutz and Jan Van Tongeren -- Poverty and the environmental resource base / Partha Dasgupta -- To slow or not to slow: the economics of the greenhouse effect / William D. Nordhaus -- Environmental policy / Ulaganathan Sankar.