For a quasi-projective scheme M which carries a perfect obstruction theory,
we construct the virtual cobordism class of M. If M is projective, we prove
that the corresponding Chern numbers of the virtual cobordism class are given
by integrals of the Chern classes of the virtual tangent bundle. Further, we
study cobordism invariants of the moduli space of stable pairs introduced by
Pandharipande-Thomas. Rationality of the partition function is conjectured
together with a functional equation, which can be regarded as a generalization
of the rationality and 1/q q symmetry of the Calabi-Yau case. We prove
rationality for nonsingular projective toric 3-folds by the theory of
descendents.Comment: 21 pages. Some typos fixed. To appear in J. London Math. So