There has been an explosion in the literature and research on environmental and resource economics in recent years. This major annual publication provides a cutting-edge survey of current research by the leading experts in the field. The latest "Yearbook" includes contributions on: environmental valuation in developing countries; electricity restructuring; industrial ecology; experimental economics in natural resource and environmental management; interest groups and the demand for environmental policy; modelling sustainable ecological economic development; and environmental risk management and the business firm.