This paper describes the general rationale for marginal opportunity cost (MOC) pricing, illustrating the concept with special reference to municipal water supply. The various elements of MOC for water, namely marginal production or private cost (MPC); marginal user or depletion cost (MUC); and...

This paper is concerned with examining the economic implications of refurbishing major pieces of redundant urban infrastructure, taking the Forth and Clyde Canal as a case study. In particular, it focusses on the role that such infrastructure may play in assisting urban renewal. While...

This publication is a milestone in the analysis of the distributional impacts of environmental policy, building upon existing literature to simultaneously examine disparities in the distribution of environmental impacts and in the distribution of financial effects amongst households.