Microeconomics and management science are close relatives in terms of the tools they use. Economics differs primarily in that it studies the performance of entire economic systems and major subsystems. Management science models can be expanded to examine environmental policy and the design of...

The research questions and topics most likely to emerge in the near term future are assessed. A common theme is that policy issues will be an important driving force, as has generally been true in the past. More specifically, future theoretical advances are expected to occur in the treatment of...