Table of contents for Markets and the environment / Nathaniel O. Keohane and Sheila M. Olmstead.

Bibliographic record and links to related information available from the Library of Congress catalog.

Note: Contents data are machine generated based on pre-publication provided by the publisher. Contents may have variations from the printed book or be incomplete or contain other coding.

Table of Contents
1. Introduction
Economics and the environment 
Global climate change 
Organization and content of this book
What we hope readers will take away from this book
2. Economic Efficiency and Environmental Protection
Economic efficiency
Efficiency and environmental policy
Equating benefits and costs on the margin
Dynamic efficiency and environmental policy
3. The Benefits and Costs of Environmental Protection
Measuring costs
Evaluating the benefits
Benefit-cost analysis
4. The Efficiency of Markets
Competitive market equilibrium
The efficiency of competitive markets
5. Market Failures in the Environmental Realm
Public goods
The tragedy of the commons
6. Managing Stocks: Natural Resources as Capital Assets
Economic scarcity
Efficient extraction in two periods
A closer look at the efficient extraction path
The critical role of property rights
7. Stocks that Grow: The Economics of Renewable Resource Management
Economics of Forest Resources
8. Principles of Market-based Environmental Policy
Array of policy instruments
Market-based policies can overcome market failure
Is it preferable to set prices or quantities?
9 The Case for Market-Based Instruments in the Real World 
Reducing costs
Promoting technological change
Marked-based instruments for managing natural resources
Other considerations
10 Market Based Instruments in Practice 
The U.S. sulfur dioxide market
Individual tradable quotas for fishing in New Zealand
Municipal water pricing
Water quality trading 
Waste management: ¿Pay as you throw¿
Habitat and land management 
11. Sustainability and Economic Growth
Limits to Growth?
Sustainability, in Economic Terms
Keeping Track: Green Accounting
Are Economic Growth and Sustainability Compatible?
12. Conclusion
What does economics imply for environmental policy?
The role of firms, consumers, and governments 
Some final thoughts 

Library of Congress Subject Headings for this publication:

Environmental economics.