APPLICATION OF MARKET MECHANISMS TO POLLUTION.

Indicates how science and social science can be combined to assess the range and effectiveness of policy alternatives available to environmental decision-makers. Cost-effective regulatory alternatives to the Los Angeles, California particulate sulfate problem; Application of both sciences to the relationship of emissions to pollution levels and environmental quality; Rejection of notion that a simple reduction in emissions leads to a commensurate reduction in pollution levels; Problem of applying licenses and emissions.