This article develops a spatial model of regional livestock production and three attendant environmental effects: spills from animal waste stores; nutrient runoff due to the application of manure to croplands; and direct ambient pollution, including odors, pests, and gases. Assuming that neither...

We model countries' choice of greenhouse gas (GHG) emissions as a dynamic game. Emissions generate immediate benefits to the emitting country but also increase atmospheric GHG concentrations that negatively affect present and future welfare of all countries. Because there are no international...

Environmental regulators often have imperfect information about regulated firms' abatement costs. In this paper we compare taxes and emissions permits in a dynamic setting in which firms behave strategically. The regulator updates policy over time based upon previous aggregate industry...