This paper examines the interplay of environmental policies with trade policies (tariffs) in a context of bilateral trade and imperfect competition.

This paper describes a growth model in which pollutants are internal to a jurisdiction. To this end we develop a model of the joint determination of the rate of development of the economy through market interactions and the extent of pollution regulation through collective decision making. We...

This review considers the role of environmental effects in transport investment appraisal, mainly from the perspective of cost-benefit analysis, the most widely adopted appraisal technique. Although the basic principles of CBA are straightforward, several complications are identified that may...

This paper explores conflicts between two groups, "the industry" and "the environmentalists", over whether an indivisible resource (e.g., an ancient tree) should be harvested or preserved. The problem is first analysed as a complete information "war of attrition". Under the "rationalizability",...

Cost-benefit analysis (CBA) is the most popular evaluation tool in economics. However, it is widely recognised that one of its main limitations is the impossibility of splitting efficiency and equity issues. The present paper, from an economic theoretical point of view, will present a...