ECON 460

Seminar in Environmental Economics

Term Paper guidelines

There are two options for doing a term paper in this course:

 

 

 

If you wish to do option 1, you have to (a) notify me by week 4 and, (b) submit a two-page outline/abstract by week 6. Otherwise you will be required to do option 2

 

Option 2 instructions:

Literature review (due week 13)

You are to pick one of the five topic areas below. You are then to select a minimum of three papers in that topic and do a literature review. This means summarizing a group of papers in the field of environmental economics. Further, you must tie the papers together under some common theme. The literature review will identify the contribution each paper makes in the field. In some cases one or more papers may be an extension of another paper in the review; in other cases, two or more papers may offer a differing view. You may include papers not found in the list below, but you must use at least 3 papers listed below in the topic you chose.

Your paper must be in the following format:

  1. A well developed introduction discussing, in a general way, why you are reviewing the papers you have chosen.
  2. Main body of the paper which summarizes the four papers.
  3. A good conclusion which reiterates the key contribution of each paper, how they may link together, what are their differences, and what can be taken away from your review of all four papers.

 

Example of a Term Paper (Style and footnote layout)


 

TOPIC

Eligible PAPERS for Review

[1] Externalities & Property Rights

 

The Problem of Social Cost

Ronald Coase

Journal of Law and Economics, pp1-44 Oct. 196

.

The Exchange and Enforcement of Property Rights

Harold Demsetz

Journal of Law and Economics, Vol. 7, (Oct., 1964), pp. 11-26

 

Some Aspects of Property Rights

Harold Demsetz

Journal of Law and Economics, Vol. 9, (Oct., 1966), pp. 61-7

The structure of a contract and the theory of a non-exclusive resource

Cheung, S.N.S.

Journal of Law and Economics 1970 pp 49-70


 

 

[2] Pigouvian Taxes

External Diseconomies, Corrective Taxes, and Market Structure

James M. Buchanan

The American Economic Review, Vol. 59, No. 1, (1969), pp. 174-177

An alternative approach to the analysis of taxation

Barzel, Y

Journal of Political Economy, 84, 1976

Depletable Externalities and Pigouvian Taxation

A. MYRICK FREEMAN III

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 11,173-179 (1984)

Pigovian Taxes Which Work in the Small-Number Case

DONALD WITTMAN

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 12, 144-154 (1985)


 

[3] Uncertainty and Standard vs Taxes

Prices vs. Quantities

Martin L. Weitzman

The Review of Economic Studies, Vol. 41, No. 4, (Oct., 1974), pp. 477-491

The Use of Standards and Prices for Protection of the Environment

William J. Baumol and Wallace E. Oates

The Swedish Journal of Economics, Vol. 73, No. 1, Environmental Economics, (Mar.,1971), pp. 42-54

 

Uncertainty and the Choice of Pollution Control Instruments

ZVI ADAR AND JAMES M. GRIFFIN

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 3, 178-188 (1976)

 

Emission Control Policies under Uncertainty

GIDEON FISHELSON

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 3, 189-197 (1976)

 

Technology Choice and Environmental Regulation under Asymmetric Informatio

D'AMATO, A, AND BOUWE R;

Resource and Energy Economics, 41 (2015) 224-237

 


Firm Behavior Under Imperfectly Enforceable Pollution Standards and Taxes

JON D. HARFORD,

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 5, 26-43 ( 1978)


Uncertainty and incentives for nonpoint pollution control

Kathleen Segerson

Journal of Environmental Economics and Management, Volume 15, Issue 1, March 1988, Pages 87-98

 


 

[4] Marketable Permits

Marketable Pollution Permits and Acid Rain Externalities

Scott E. Atkinson
The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 16, No. 4 (Nov., 1983), pp. 704-722

 

Market Failure in Incentive-Based Regulation: The case of Emissions Trading

ATKINSON, S. AND TIETENBERG, T.

Journal of Environmental Economics and Management 21, 17-31 (1991)

Efficiency in Pollution Control in the Short and Long Runs: A System of Rental Emission

Permits

Robert A. Collinge and Wallace E. Oates

The Canadian Journal of Economics, Vol. 15, No. 2, (May, 1982), pp. 346-354

 

Tradeable Permits for Pollution Control when Emission Location Matters: What have We Learned?

TOM TIETENBERG (Discussion Paper)

 

On Marketable Air-Pollution Permits: The Case for a System of Pollution Offsets

ALAN J. KRUPNICK, WALLACE E. OATES AND ERICVANDEVERG

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 10,233-247 (1983)

 

Marketable Permits for the Prevention of Environmental Deterioration

ALBERT M. MCGARTLAND AND WALLACE E. OATES

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 12,207-228 (1985)


 

[5] Efficiency and Enforcement

The Economics of Enforcing Air Pollution Controls

Downing P, and Watson W.

Journal of Environmental Economics and Management 1, 219-236 (1947)

 

An Empirical Analysis of Economic Strategies for Controlling Air Pollution

EUGENE P. SESKIN, ROBERT J. ANDERSON JR. AND ROBERT 0. REID

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 10, 112- 124 ( 1983)

Enforcement Costs and Regulatory Reform: The Agency and Firm Response

STEPHEN H. LINDER AND MARK E. MCBRIDE

Journal of Environmental Economics and Management 11, 327-346 (1984)

The Structure of Penalties in Environmental Enforcement: An Economic Analyis

KATHLEEN SEGERSON & TOM TIETENBERG

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 23, 179-200 (1992)

Markets for pollution control when firms are noncompliant

Arun S. Malik
Journal of Environmental Economics and Management, Volume 18, Issue 2, Part 1, March 1990, Pages 97-106


Permanent versus interim regulations: A game-theoretic analysis

Arun S. Malik

Journal of Environmental Economics and Management, Volume 21, Issue 2, September 1991, Pages 127-139

 

Nonpoint pollution control: Inducing first-best outcomes through the use of threats

Kathleen Segerson, JunJie Wu

Journal of Environmental Economics and Management, Volume 51, Issue 2, March 2006, Pages 165-184

Chronological Listing  
 

The Problem of Social Cost

Ronald Coase

Journal of Law and Economics, pp1-44 Oct. 196

.

The Exchange and Enforcement of Property Rights

Harold Demsetz

Journal of Law and Economics, Vol. 7, (Oct., 1964), pp. 11-26

 

Some Aspects of Property Rights

Harold Demsetz

Journal of Law and Economics, Vol. 9, (Oct., 1966), pp. 61-70

 

Why Regulate Utilities?

Harold Demsetz

Journal of Law and Economics, Vol. 11, No. 1 (Apr., 1968), pp. 55-65

 

External Diseconomies, Corrective Taxes, and Market Structure

James M. Buchanan

The American Economic Review, Vol. 59, No. 1, (1969), pp. 174-177

.
The structure of a contract and the theory of a non-exclusive resource

Cheung, S.N.S.

JLE 1970 pp 49-70

 

The Use of Standards and Prices for Protection of the Environment

William J. Baumol and Wallace E. Oates

The Swedish Journal of Economics, Vol. 73, No. 1, Environmental Economics, (Mar.,

1971), pp. 42-54

 

Prices vs. Quantities

Martin L. Weitzman

The Review of Economic Studies, Vol. 41, No. 4, (Oct., 1974), pp. 477-491

.

An alternative approach to the analysis of taxation

Barzel, Y

JPE, 84, 1976

 

Uncertainty and the Choice of Pollution Control Instruments

ZVI ADAR AND JAMES M. GRIFFIN

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 3, 178-188 (1976)

 

Emission Control Policies under Uncertainty

GIDEON FISHELSON

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 3, 189-197 (1976)

 

Efficiency in Pollution Control in the Short and Long Runs: A System of Rental Emission

Permits

Robert A. Collinge and Wallace E. Oates

The Canadian Journal of Economics, Vol. 15, No. 2, (May, 1982), pp. 346-354

 

An Empirical Analysis of Economic Strategies for Controlling Air Pollution

EUGENE P. SESKIN, ROBERT J. ANDERSON JR. AND ROBERT 0. REID

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 10, 112- 124 ( 1983)

 

On Marketable Air-Pollution Permits: The Case for a System of Pollution Offsets

ALAN J. KRUPNICK, WALLACE E. OATES AND ERICVANDEVERG

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 10,233-247 (1983)

 

Depletable Externalities and Pigouvian Taxation

A. MYRICK FREEMAN III

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 11,173-179 (1984)

 

A General Equilibrium Analysis of the Optimal Number of Firms in a Polluting Industry

Robert E. Kohn

The Canadian Journal of Economics, Vol. 18, No. 2, (May, 1985), pp. 347-354

 

Effluent Regulation and Long-Run Optimality

DANIEL F. SPULBE

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 103-116 (1985)

  

Pigovian Taxes Which Work in the Small-Number Case

DONALD WITTMAN

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 12, 144-154 (1985)

 

Marketable Permits for the Prevention of Environmental Deterioration

ALBERT M. MCGARTLAND AND WALLACE E. OATES

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 12,207-228 (1985)

 

The Rate of Emission and the Optimal Scale of the Polluting Firm

Robert E. Kohn

The Canadian Journal of Economics, Vol. 19, No. 3, (Aug., 1986), pp. 574-581

 

The Transferability and Depletability of Externalities

PETER J. W. N. BIRD

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 14, 54-57 (1987)

 

COMMENTS One More Externality Article

HENRY M. PESKIN

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 15, 380-381 (1988)

.

One More Externality Article: Reply

PETER J. W. N. BIRD

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT 15, 382-383 (1988)