COMMON PROPERTY, EXTERNALITIES AND THE DISTRIBUTION OF INCOME: The problem of the commons: An introduction -- The problem of the commons: A formalization -- Equity, efficiency and rights -- Unidirectional externalities: An example of watersheds -- Resource exploitation and the distribution of income -- GOALS, CONSTRAINTS AND ACCOUNTING PRICES: The use of accounting prices -- Multiple objectives and partial orderings -- Objectives and constramts -- Social cost-benefit analysis as an iteration -- Non-convexities and their implications -- External diseconomies and non-convexities -- The role of systems analysis -- ENVIRONMENTAL CONTROL UNDER UNCERTAINTY: Decision criteria under uncertainty -- Dependent versus independent uncertainties -- Environmental research -- Planning mechanisms with dispersed information -- Taxation versus regulation under uncertainty -- The case of a single firm -- The case of multiple firms -- DIMENSIONS OF WELFARE: Commodities and their labels -- Social rates of discount -- Measures of social product -- The value of resource stocks and social overhead capital -- Social rates of return -- Population as social capital -- Classical utilitarian views on population -- Person-affecting utilitarianism -- Rights-based population policies -- FISHERIES AND AQUIFERS: THE STATIONARY CASE: Growth functions of renewable natural resources -- Harvest costs -- Free-entry into common property resource -- Optimal stationary policies for fisheries -- Groundwater basins: An example -- Optimal taxation -- Fisheries: Some observations -- Application to the lobster fishery -- FISHERIES AND AQUIFERS: THE TRANSIENT PHASE: The problem -- Most rapid approach paths -- THE ECONOMICS OF POLLUTION CONTROL: A simple classification of pollutants -- The emission-output ratio -- Clean-up costs and natural amelioration rates -- Social damage due to pollutants -- Social benefits from production -- The environmental planning problem: Alternative formulations -- United States environmental protection acts: An illustration -- Some prototype policies -- Cost-benefit rules for optimal pollution control -- The carbon-dioxide problem: An application -- FORESTS AND TREES: Forest externalities -- The value of forest products -- Growth functions of trees -- The optimal forest: The synchronized stationary case -- The optimal rotating forest -- Commentary and extensions -- UNCERTAINTY, IRREVERSIBILITY AND OPTION VALUES.
