Environmental economics has traditionally been conducted in a closed economy mode. Most textbooks on the subject still reflect this restriction: international aspects of environmental problems are often not covered at all or dealt with as an afterthought. In a world in which many environmental...

Environmental economics has traditionally been conducted in a closed economy mode. Most textbooks on the subject still reflect this restriction; international aspects of environmental problems are often not covered at all or dealt with as an afterthought. In a world in which many environmental...