Preface
An Overview of the Book

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. The Quest for Sustainable Development
15. Visions of the Future Revisited

Answers to Self-Test Exercises
Glossary
Index