Traditional power indices ignore preferences and strategic interaction. Equilibrium analysis of particular non-cooperative decision procedures is unsuitable for normative analysis and assumes typically unavailable information. These points drive a lingering debate about the right approach to...

Introduction -- PART I THE ENVIRONMENTAL MOVEMENT -- Differing Views on the Environment -- The International Dimension of the Environment -- PART II THEORETICAL ENVIRONMENTAL ECONOMICS -- Basics of Environmental Economics -- Allocation Problems in a Market Economy -- The Internalization of...