James Shortle is Distinguished Professor of Agricultural and Environmental Economics at the Pennsylvania State University, USA.Markku Ollikainen is Professor of Environmental and Resource Economics at the University of Helsinki, Finland.Antti Iho is Senior Scientist at the Natural Resources Institute, Finland.

• 1. Introduction.- 2. Co-Evolution of Agriculture and the Environment from the Beginning to the Present.- 3. Agricultural Land Use, Production, and Water Quality.- 4. Decision Making at the Farm Level.- 5. Environmental Policy Instruments for Agriculture.- 6. Water Quality Trading.- 7. Conservation Auctions.- 8. Ecological Compensations and Offset Credits.- 9. The Way Forward.

James Shortle is Distinguished Professor of Agricultural and Environmental Economics at the Pennsylvania State University, USA.Markku Ollikainen is Professor of Environmental and Resource Economics at the University of Helsinki, Finland.Antti Iho is Senior Scientist at the Natural Resources Institute, Finland.

• 1. Introduction.- 2. Co-Evolution of Agriculture and the Environment from the Beginning to the Present.- 3. Agricultural Land Use, Production, and Water Quality.- 4. Decision Making at the Farm Level.- 5. Environmental Policy Instruments for Agriculture.- 6. Water Quality Trading.- 7. Conservation Auctions.- 8. Ecological Compensations and Offset Credits.- 9. The Way Forward.

James Shortle is Distinguished Professor of Agricultural and Environmental Economics at the Pennsylvania State University, USA.Markku Ollikainen is Professor of Environmental and Resource Economics at the University of Helsinki, Finland.Antti Iho is Senior Scientist at the Natural Resources Institute, Finland.

• 1. Introduction.- 2. Co-Evolution of Agriculture and the Environment from the Beginning to the Present.- 3. Agricultural Land Use, Production, and Water Quality.- 4. Decision Making at the Farm Level.- 5. Environmental Policy Instruments for Agriculture.- 6. Water Quality Trading.- 7. Conservation Auctions.- 8. Ecological Compensations and Offset Credits.- 9. The Way Forward.