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An influential voice in environmental economics over the past decade, Stavins (business and government, Harvard U.) here collects 23 papers on environmental economics and policy originally published in various scholarly publications from the late 1980s through the 1990s. After an overview, they cover benefits and costs of environmental regulations, the normative and positive analysis of policy instruments, environmental technology innovation and diffusion, causes and consequences of land-use changes, and global climate policy. In an introduction, he reflects on the professional path that led to his research and writing, and points out common themes. The articles are reproduced from their originals, in a variety of type styles. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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CONTENTS
Acknowledgements = xi
PART Ⅰ OVERVIEW OF ENVIRONMENTAL ECONOMICS AND POLICY
 1 'Introduction : A Two-Way Street between Environmental Economics and Public Policy' = 3
 2 'How Economists See the Environment', Nature, 395, 1 October 1998, 433-4 / with Don Fullerton = 24
 3 'Environmental Protection : The Changing Nature of National Governance', prepared for Visions of Governance for the Twenty-First Century, New Hampshire, 20-23 July 1997 / Bretton Woods = 26
PART Ⅱ BENEFITS AND COSTS OF ENVIRONMENTAL REGULATION
 4 'Is There a Role for Benefit-Cost Analysis in Environmental, Health, and Safety Regulation?', Science, 12 April 1996, 221-2 / with Kenneth J. Arrow ; Maureen L. Cropper ; George C. Eads ; Robert W. Hahn ; Lester B. Lave ; Roger G. Noll ; Paul R. Portney ; Milton Russell ; Richard Schmalensee ; V. Kerry Smith = 41
 5 'Environmental Regulation and the Competitiveness of U.S. Manufacturing : What Does the Evidence Tell Us?', Journal of Economic Literature, 33, March 1995, 132-63 / with Adam B. Jaffe ; Steven R. Peterson ; Paul R. Portney = 45
 6 'Regulatory Review of Environmental Policy : The Potential Role of Health-Health Analysis', Journal of Risk and Uncertainty, 8(1), January 1994, 111-22 / with Paul R. Portney = 77
PART Ⅲ ENVIRONMENTAL POLICY INSTRUMENTS : NORMATIVE ANALYSIS
 7 'Clean Profits : Using Economic Incentives to Protect the Environment', Policy Review, 48, Spring 1989, 58-63 = 91
 8 'Economic Incentives for Environmental Protection : Integrating Theory and Practice', American Economic Review, 82(2), May 1992, 464-8 / with Robert W. Hahn = 104
 9 'Transaction Costs and Tradeable Permits', Journal of Environmental Economics and Management, 29(2), September 1995, 133-48 = 109
 10 'Dynamic Incentives of Environmental Regulations : The Effects of Alternative Policy Instruments on Technology Diffusion', Journal of Environmental Economics and Management, 29(3), November 1995, S43-S63 / with Adam B. Jaffe = 125
 11 'Correlated Uncertainty and Policy Instrument Choice', Journal of Environmental Economics and Management, 30(2), March 1996, 218-32 = 146
PART Ⅳ ENVIRONMENTAL POLICY INSTRUMENTS : POSITIVE ANALYSIS
 12 'Incentive- Based Environmental Regulation : A New Era From an Old Idea?', Ecology Law Quarterly, 18(1), 199 1, 1-42 / with Robert W. Halin = 163
 13 'The Choice of Regulatory Instruments in Environmental Policy', Harvard Environmental Law Review, 22(2), 1998, 313-67 / with Nathaniel O. Keoliane ; Richard L. Revesz = 205
 14 'What Can We Learn From the Grand Policy Experiment? Lessons from SO₂ Allowance Trading', Journal of Economic Perspectives, 12(3), Summer 1998, 69-88 = 260
PART Ⅴ ENVIRONMENTAL TECHNOLOGY INNOVATION AND DIFFUSION
 15 'The Energy Paradox and the Diffusion of Conservation Technology', Resource and Energy Economics, 16(2), May 1994, 91-122 / with Adam. B. Jaffe = 283
 16 'The Energy-Efficiency Gap : What Does It Mean?', Energy Policy, 22(10), October 1994, 804-10 / with Adam B. Jaffe = 315
 17 'The Induced Innovation Hypothesis and Energy-Saving Technological Change', Quarterly Journal of Economics, 114(3), August 1999, 941-75 / with Richard G. Newell ; Adam B. Jaffe = 322
PART Ⅵ CAUSES AND CONSEQUENCES OF LAND-USE CHANGES
 18 'Unintended Impacts of Public Investments on Private Decisions : The Depletion of Forested Wetlands', American Economic Review, 80(3), June 1990, 337-52 / with Adam B. Jaffe = 359
 19 'Alternative Renewable Resource Strategies : A Simulation of Optimal Use', Journal of Environmental Economics and Management, 19(2), September 1990, 143-59 = 375
 20 'The Costs of Carbon Sequestration : A Revealed-Preference Approach', American Economic Review, 89(4), September 1999, 994-1009 = 392
PART Ⅶ GLOBAL CLIMATE POLICY
 21 'Policy Instruments for Climate Change : How Can National Governments Address a Global Problem?', University of Chicago Legal Forum, 1997, 293-329 = 411
 22 What Has the Kyoto Protocol Wrought? The Real Architecture of International Tradable Permit Markets, Washington, DC : The AEI Press, 1999, 1-37 / with Robert W. Hahn = 448
 23 'Energy-Efficient Technologies and Climate Change Policies : Issues and Evidence', Climate Issue Brief No. 19, Resources for the Future, Washington, DC, December 1999 / with Adam B. Jaffe ; Richard G. Newell = 484
Name index = 499
Subject index = 505