Wallace Oates bol popredným odborníkom na verejnú a environmentálnu ekonómiu, ktorý sa zameriaval na alokáciu funkcií medzi rôznymi úrovňami vládnutia vo federálnom systéme. Hlboko skúmal problematiku lokálnych verejných statkov, návrh medzinárodných grantov a štruktúru miestnych príjmových systémov. Jeho práca v oblasti environmentálnej ekonómie sa sústredila na využitie ekonomických stimulov na riadenie životného prostredia. Skúmal najmä návrh a implementáciu daní znečisťujúcich činností a systémy obchodovateľných emisných povolení.
The exploding cost of health care in the United States is a source of widespread alarm. Similarly, the upward spiral of college tuition fees is cause for serious concern. In this book, the author explores the causes of these seemingly intractable problems and offers a surprisingly simple explanation.
In this book, Professors Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy.
This title marks a milestone in the comprehension of the accomplishments of our free-market economic system - a new understanding that promises to benefit many countries that lack the advantages of this immense innovation machine.
Bringing together major articles on the economics of the environment and natural resources, this book encompasses works on the theory of externalities and its application to environmental regulation, techniques for the valuation of environmental amenities, the theory and management of common property resources, and the intertemporal analysis of managing both exhaustable and renewable resources. These papers represent the ongoing research in environmental and natural resource economics.