ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series
ÌÇÐÄvlog¹ÙÍø Working Paper No. RWP04-023
May 2004
ÌÇÐÄvlog¹ÙÍø Authors
See citation below for complete author information.
A.J. Meyer Professor of Energy and Economic Development
Abstract
This paper provides an economic perspective of environmental law and policy with regard to both normative and positive dimensions. It begins with an examination of the central problem in environmental regulation: the tendency of pollution generators in an unconstrained market economy to externalize some of the costs of their production, leading to an inefficiently