This paper has taken the mixed product, examined its components, and, on the basis of private-public characteristics, defined four categories. These four categories of products have been analyzed through the use of an altered version of the Cicchetti and Smith graphical device. Through this...

At the outset several propositions were stated regarding the logic of support by economic agents for strict setting of environmental standards and levels of enforcement. By focusing on potential rents generated by output restrictions, particular groups of gainers and losers were identified. The...

The necessity to control environmental externalities is almost invariably given as justification for command-and-control regulation and other forms of state intervention in related markets. When even mentioned, common law remedies that protected environmental rights for centuries are quickly...

The necessity to control environmental externalities is almost invariably given as justification for command-and-control regulation and other forms of state intervention in related markets. When even mentioned, common law remedies that protected environmental rights for centuries are quickly...