Preface. Introduction. I: National Model Studies. 1. Tradable Discharge Permits: Restrictions on Least-Cost Solutions; S.E. Atkinson. 2. Economic Instruments for the Control of Acid Rain in the UK; A. Pototschnig. 3. Modeling Air Pollution Abatement in a Market-Based Incentive Framework for the Los Angeles Basin; S. Robinson, S. Subramanian, J. Geoghegan. II: National Experiences. 4. Developments in the Use of Economic Instruments in OECD Countries; H. Opschoor. 5. Economic Instruments for Air Pollution Control in Sweden; K. Lövgren. 6. Air Pollution Control in the United States: a Mixed Portfolio Approach; N. Kete. 7. Economic Instruments for Air Pollution Control in Estonia; T. Kallaste. 8. Application of a Pollution Fee System in Russia; A. Golub, E. Strukova. III: International Aspects. 9. Making Carbon Emission Quota Agreements More Efficient: Joint Implementation versus Quota Tradability; P. Bohm. 10. Control of Reciprocal Transboundary Pollution and Joint Implementation; A. Nentjes. 11. Trading Sulfur Emissions in Europe; F.R. F rsund, E. N vdal. 12. Agency in International Pollution Permit Trading; D. Burtraw. Index.