From at least Leibniz, the dream of removing human beings from the loop of legal reasoning has captured the imaginations of philosophers, lawyers, and (more recently) computer scientists . . .
The economic perspective has had an important, if constrained, influence on environmental law scholarship. Despite having a vast influence in other legal areas, economics has penetrated less fully into the field of environmental law. Some scholars, especially those of an economic bent, might bemoan this state of affairs . . .
Recent generations of international trade agreements have attempted to address non-tariff barriers in various ways, including by encouraging the adoption of regulatory impact assessment (RIA) by national governments. This chapter examines the benefits of RIA for trade in light of experience over the past several decades . . .
The law and economics perspective provides a useful lens for many environmental policy questions. Normative deliberation concerning the construction of environmental policy can be informed by an economics perspective. Economic analysis can also be brought to bear on empirical questions concerning the effects of environmental policies and the political economy factors that affect the selection of environmental policies . . .
The ‘social cost of carbon’ is an economic concept that represents – in monetary net present value terms – the damages caused by the emission of a ton of carbon dioxide. Estimates of the social cost of carbon are currently used by governments to evaluate policies to reduce greenhouse gas emissions . . .