Tom Tietenberg is the Mitchell Family Professor of Economics, Emeritus at Colby College, Maine, USA. Lynne Lewis is Elmer W. Campbell Professor of Economics at Bates College, Maine, USA.
1. Visions of the Future 2. The Economic Approach: Property Rights, Externalities, and Environmental Problems 3. Evaluating Trade-Offs: Benefit-Cost Analysis and Other Decision-Making Metrics 4. Valuing the Environment: Methods 5. Dynamic Efficiency and Sustainable Development 6. Depletable Resource Allocation: The Role of Longer Time Horizons, Substitutes, and Extraction Cost 7. Energy: The Transition from Depletable to Renewable Resources 8. Recyclable Resources: Minerals, Paper, Bottles, and E-Waste 9. Water: A Confluence of Renewable and Depletable Resources 10. A Locationally Fixed, Multipurpose Resource: Land 11. Storable, Renewable Resources: Forests 12. Common-Pool Resources: Commercially Valuable Fisheries 13. Ecosystem Goods and Services: Nature's Threatened Bounty 14. Economics of Pollution Control: An Overview 15. Stationary-Source Local and Regional Air Pollution 16. Climate Change 17. Mobile-Source Air Pollution 18. Water Pollution 19. Toxic Substances and Environmental Justice 20. The Quest for Sustainable Development 21. Visions of the Future Revisited