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The Yearbook provides a comprehensive overview of cutting-edge issues in environmental and resource economics. The expert contributors address some of today's most pressing environmental topics including: issues in water pricing reforms; spatial environmental policy; environmental equity and the siting of hazardous waste facilities; strategies to conserve biodiversity; corporate sustainability; the double-dividend hypothesis of environmental taxes; valuing environmental changes in the presence of risk. The Yearbook will provide economists, scholars and practitioners working in environmental and resource economics with a comprehensive overview of the cutting-edge issues in the field.