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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