DISCUSSANT'S COMMENTS FOR AMERICAN AGRICULTURAL ECONOMICS ASSOCIATION ANNUAL MEETING, SELECTED PAPERS SESSION SP-8Z: "EFFICIENCY OF ENVIRONMENTAL POLICY"

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Legal issues in environmental policy are considered, as well as property rights and voluntary regulations. Taxation, Fines, and Producer Liability Rules: Efficiency and Market Structure Implications Stephen Hamilton, Kansas State University. Regulatory Takings and the Diminution of Value: A Search for Empirical Evidence Marie Truesdell and John Bergstrom, University of Georgia. Environmental and Natural Resource Policy and the Optimal Dispersion of Property Rights Shi-Ling Hsu and Marca Weinberg. The Relative Efficiency of Voluntary vs. Mandatory Environmental Regulations JunJie Wu, Oregon State University; Bruce Babcock, Iowa State University. Electricity Deregulation: What's in Store for the Environment? Alan Levy, Mario Teisl, Brian Roe, Matthew Russell, Dave Moskovitz, Tom Austin.

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