As the environmental policy recommendations of economists become more acceptable,
in the professional understanding of, and support for, different policy forms are
apparent. These different approaches to environmental policy and research are described
taxonomy of four perspectives: “rational analysts;’ “cost analysts;’
“market managers;’ and “free
market environmentalists.” These perspectives are compared and contrasted.
Recognition of these
differences can result in a better appreciation of the different research agendas
of economists and
can improve clarity in teaching and policy advising.