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 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...

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...