Views tropical forests as providing a number of outputs for the host country and the world at large. Activities to curb deforestation yield private goods, local (country‐specific) public goods, and global public goods. Markets can operate with respect to the private goods, while nations are...

Production‐cost duality was first introduced by Ronald Shephard (1953) in his seminal study, Cost and Production Functions. The application of duality to production and cost was extended by Uzawa (1962, 1964). However, not until the 1970s did the Shephard‐Uzawa duality analysis achieve its...

This Handbook provides a self-contained survey of the current state of defense economics in the form of chapters prepared by leading specialists on various aspects in the field. The volume summarizes not only received results but also newer developments, from recent journal articles and...