We extend the analysis of optimal scale in pollution permit markets by allowing for both market power and private information. We characterize the total costs (abatement costs and damages) under market power and private information and compare them to total costs under competition. It is...

Market-based approaches to conservation -- How stream restoration was born, and what came of it -- How markets, and mitigation, came to be accepted forms of environmental regulation -- The actors in stream mitigation banking -- How mitigation banks work, and the biography of a bank -- The mangle...

Infrastructure is the foundation on which industrialized economies are built. As global population has grown and as economies of many regions have expanded, the quantity and scale of infrastructure has increased dramatically. Although some infrastructure is used to move people and commodities,...