The economics of environmental protection

The Economics of Environmental Protection presents a selection of Peter Bohm's most important essays on policy issues concerning externalities and public goods. Most of the issues related to environmental policy. The book revolves around two major - and quite differentthemes: the search for efficient instruments for environmental policy, in particular global environmental policy, and mechanisms for revealing the demand for public goods as, for example, environmental protection. Within this framework issues discussed include: the concept of externalities, an efficiency comparison of environmental policy instruments, policies to protect the ozone layer, trade in CO[subscript 2] quotas as an efficient policy to reduce risk of climatic change, and the feasibility of eliciting parties' willingness to pay for environmental protection and other public goods.