* indicates New reading in Fifth Edition Part I. Overview and Principles 1. Don Fullerton and Robert Stavins, \"How Economists See the Environment\" (1998) 2. Garrett Hardin, \"The Tragedy of the Commons\" (1968) 3. Coase, Ronald, \"The Problem of Social Costs\" (1960) Part II. The Costs of Environmental Protection 4. Adam B. Jaffe, Steven R.
Peterson, Paul R. Portney, and Robert N. Stavins, \"Environmental Regulation and the Competitiveness of U.S. Manufacturing: What Does the Evidence Tells Us?\" (1995) 5. Michael E. Porter and Claas van der Linde, \"Toward a New Conception of the Environment-Competitiveness Relationship\" (1995) 6. Karen Palmer, Wallace E.
Oates, and Paul R. Portney. \"Tightening Environmental Standards: The Benefit-Cost or the No-Cost Paradigm?\" (1995) Part III. The Benefits of Environmental Protection 7. Paul R. Portney, \"The Contingent Valuation Debate: Why Economists Should Care\" (1994) 8. W. Michael Hanemann \"Valuing the Environment through Contingent Valuation\" (1994) 9.
Peter A. Diamond and Jerry A. Hausman, \"Contingent Valuation: Is Some Number Better than No Number?\" (1994) * 10. Richard T. Carson, Robert C. Mitchell, Michael Hanemann, Raymond J. Kopp, Stanley Presser, and Paul A. Ruud, \"Contingent Valuation and Lost Passive Use: Damages from the Exxon Valdez Oil Spill,\" Environmental and Resource Economics 25 (2003): 257-86.
* 11. W. Kip Viscusi, \"The Value of Life in Legal Contexts: Survey and Critique,\" American Law and Economics Review 2 (2000): 195-222. Part IV. The Goals of Environmental Policy: Economic Efficiency and Benefit-Cost Analysis 12. Kenneth J. Arrow, Maureen Cropper, George C. Eads, Robert W.
Hahn, Lester B. Lave, Roger G. Noll, Paul R. Portney, Milton Russell, Richard Schmalensee, V. Kerry Smith, and Robert N. Stavins, \"Is There a Role for Benefit-Cost Analysis in Environmental, Health, and Safety Regulation?\" (1996) * 13. Lawrence H. Goulder and Robert N.
Stavins, \"An Eye on the Future,\" Nature 419 (2002): 673-74. 14. Steven Kelman, \"Cost Benefit Analysis: An Ethical Critique\" (1981) 15. James V. Delong, Robert M. Solow, Gereard Butters, John Calfee, and Pauline Ippolito, \"Defending Cost-Benefit Analysis: Replies to Steven Kelman\" (1981) Part V. The Means of Environmental Policy: Cost Effectiveness and Market-Based Instruments 16. Tom Tietenberg, \"Economic Instruments for Environmental Regulation\" (1990) 17.
Lawrence H. Goulder, \"Environmental Policy Making in a Second-Best Setting\" (1998) * 18. Robert N. Stavins, \"What Can We Learn from the Grand Policy Experiment? Lessons from SO2 Allowance Trading,\" Journal of Economic Perspectives 12.3 (Summer 1998): 69-88. 19. Michael J. Sandel, \"It\'s Immoral to Buy the Right to Pollute\" 1997 20.
Replies to Michael Sandel from Sanford Gaines, Eric Maskin, Steven Shavell, and Robert Stavins, \"Emissions Trading Will Lead to Less Pollution\" (1997) Part VI. Trade, Growth, and the Environment * 21. Jeffrey A. Frankel, \"The Environment and Globalization,\" forthcoming in Globalization: What\'s New, edited by Michael Weinstein (Council on Foreign Relations, 2004). * 22. Susmita Dasgupta, Denoit Laplante, Hua Wang, and David Wheeler, \"Confronting the Environmental Kuznets Curve,\" Journal of Economic Perspectives 16 (2002): 147-68. * 23. Scott Barrett, \"Creating Incentives for International Cooperation: Strategic Choices,\" in I.
Kaul, P. Conceio, K. Le Goulven, and R. U. Mendoza (eds.), Providing Global Public Goods: Managing Globalization (New York: Oxford University Press, 2002, pp. 308-28). Part VII.
Global Climate Change 23. William D. Nordhaus, \"Reflections on the Economics of Climate Change\" (1993) 24. Thomas C. Schelling, \"The Cost of Combating Global Warming\" (1998.