Hylton on Nuisance and Environmental Regulation

Keith Hylton has posted on SSRN The Economic Theory of Nuisance Law and Implications for Environmental Regulation.  Here's the abstract:

I explore the economic structure of nuisance law as a mechanism for regulating environmental interferences and propose a modernized enforcement regime. The modern regime would retain public enforcement primarily in identifying environmental harms and as a backstop for private enforcement.

--CJR