... costs and the optimal magnitude and probability of fines", Journal of Law and Economics, Vol 35, 133-48 Lee, DR (1984), "The economics of enforcing pollution taxation", Journal of Environmental Economics ... Command -and- Control Emissions trading Regulation of environmental hazards Coursework and tutorial class instructions to follow Topic Externalities and Public Goods In economic analysis of environmental ... you will find some of the other readings helpful in providing explanations or alternative formulations of the arguments You should not expect to understand everything at first reading, and you...