This major annual publication provides a state-of-the-art survey of contemporary research on environmental and resource economics by some of the leading experts in the field. The critical issues addressed in this year?s volume include: ? the management of high seas fisheries ? choosing environmental risks ? the stability and design of international environmental agreements ? managing environmental risk through insurance ? motor vehicles and the environment ? recreation demand models ? stated preference methods for environmental valuation ? pollution control policy in developing countries.

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