Part I: Choices and Decisions: 1. Choices Without Prices Without Apologies: A. Vatn & D. Bromley. 2. Benefit, Costs and the Safe Minimum Standard of Conservation: A. Randall & M. Farmer. 3. The Environment and Property Rights Issues: A. Schmid. 4. Zoning and the Urban Environment: W. Fischel. 5. Public Policies for Land Conservation: I. Hodge. Part II: Considering the Future: 6. Intergenerational Choices Under Global Environmental Change: R. Howarth, L. Berkeley & R. Norgaard. 7. Economic Theory and 'Sustainability': J. Krautkraemer, J. Pezzy & M. Toman. 8. Measuring Sustainable Development: D. Pearce & G. Atkinson. 9. Nonrenewable Resource Supply: M. Toman & M. Walls. 10. Empirical Consequences of the Hotelling Principle: P. Berck. 11. Recycling Programs: K. McClain. Part III: Environmental Quality: 12. Nonconvexities and the Theory of External Costs: P. Burrows. 13. Liability and Penalty Structures in Policy Design: K. Segerson. 14. A Bargaining Framework for the Global Commons: D. Bromley & J. Cochrane. 15. Transferable Discharge Permits and Global Warming: T. Tietenberg. 16. Trade, Pollution and Environmental Protection: C. Runge. Part IV: Environmental Stocks and Flows: 17. Optimal Timber Management Policies: C. Montgomery & D. Adams. 18. Bioeconomic Models of the Fishery: J. Conrad. 19. Management Regimes in Ocean Fisheries: B. Rettig. 20. Privatizing Open-Access Fisheries: L. Anderson 21. Regulation, Imperfect Markets and Transaction Costs: B. Colby. 22. Issues in the Conjunctive Use of Surface Water and Groundwater: R. Provencher. 23. Minerals Policy: R. Gordon. Part V: The Valuation Problem: 24. Valuation of Environmental Quality under Certainty: R. Bishop & R. Woodward. 25. Environmental Valuation under Uncertainty: R. Ready. 26. Quasi-Option Value: T. Graham-Tomasi. 27. Evaluating Changing in Risk and Risk Perceptions by Revealed Preference: A. Freeman. 28. Contingent Valuation: R. Bishop, P. Champ & D. Mullarkey. 29. Travel Cost Models: N. Bockstael. 30. Hedonic Pricing Methods: A. Freeman.