Environmental Policy with Perfect Information: The Basic Theory. Introduction. The Economy and the Environment: Uncontrolled Case (Pre-Institution). The Economy and the Environment: The Case of Optimal Controls (Post-Institution). Provision of Public Goods (Pre-Institution and Post-Institution). The Role of Time in Economics: Interest Rates, Compounding, and Discounting. Benefit-Cost Analysis with Perfect Information. Environmental Policy with Imperfect Information. Information Difficulties: The Individual Household and the Benefits of Environmental Policies. Information Difficulties: The Individual Firm and the Costs of Environmental olicies. Information Difficulties: The Policy-Maker. Valuation--Acquiring Information about Environmental Benefits. Overview of valuation Methods. Environmental Valuation: Voting and Referenda. Environmental Valuation: Constructed Markets. Environmental Valuation: The Sum of Specific Damages Approach. Environmental Valuation: The Hedonic Method. Environmental Valuation: The Travel Cost Method. Do Decision-Makers "Care" about Efficiency? Impact of Concerns about Equity on Environmental Policy. An Interdisciplinary Environmental Policy Analysis Methodology. Epilog. An Overall Assessment of the State of Environmental Policy Making. The Past and the Future.
Biography
Graves, Philip E.
