This paper reports a meta analysis of how effectively hedonic property models have detected the influence of air pollution on housing prices. Probit estimates are reported describing how data, model specification, and local property market conditions in cities represented in thirty-seven studies...

This paper surveys recent efforts to relax the rigid regulatory frameworks for air pollution control in Europe and the USA. European policies have mainly taken the form of bubbles and compensation or offset schemes. Emission trading has been limited to intra-firm solutions for various reasons:...

In 1990, the U.S. Congress passed legislation that amended the Clean Air Act to create a new program to mitigate the effects of acid deposition in the U.S. through emission reductions of sulfur dioxide (SO<Subscript>2</Subscript>) and nitrogen oxides (NO<Subscript>x</Subscript>) at electric utility plants across the country. The SO<Subscript>2</Subscript>...</subscript></subscript></subscript>

This paper explores the analytical and empirical properties of a new method for emission trading according to a fixed exchange rate. The exchange rate is based on the ratios of the marginal costs of abatement in the optimal solution in order to account for the impact of the location of emission...

A contingent valuation study was carried out under similar conditions on two sites simultaneously: Strasbourg (France) and Kehl (Germany) in order to test the reliability of the benefit transfer method. On average, the air quality is approximately the same in the two cities. Using a transfer of...