The paper provides an economist's perspective on recent conflicts over the use of water in Thailand. This paper surveys a number of the important water resource issues such as the allocation of surface and groudwater within and between river basins; and water quality and the discharge of effluents.

The paper provides an economist's perspective on recent conflicts over the use of water in Thailand. This paper surveys a number of the important water resource issues such as the allocation of surface and groudwater within and between river basins; and water quality and the discharge of effluents.

The Kyoto Protocol of December 1997 allows emission trade between countries that have committed themselves to an emission ceiling. This paper considers two schemes of emission trading: trade between goverments and trade between emision sources. The two schemes are analyzed and the strengths and...

An annual discriminative and revenue-neutral auction is linked to the new Acid Rain Program which allows electric utilities all over the US to trade SO2 emission permits. This innovative SO2 auction distributes 2% of the permits in circulation and takes place at the Chicago Board of Trade.