Lessons from the early literature in environmental economics are used to assess the impact of an early contributor, Ralph C. d'Arge; discuss the prospects for designing incentive-based approaches to encourage private adaptation to climate change; and comment on reforming current practices...

This paper considers two areas of current research related to environmental economics: 1. the use of quasi-experimental or "experimentalist" methods to evaluate the effects of environmental policies; and 2. the implications of the Stern Report on the economic consequences of global climate...

This article considers the challenges for efforts to introduce environmental quality into modern macro models. These models describe the economy as a dynamic general equilibrium, often using a representative agent to characterize consumers. Macro models are calibrated using a composite of...