Environmental Markets: A Property Rights Approach

Environmental Markets: A Property Rights Approach
ISBN-10
1139991884
ISBN-13
9781139991889
Series
Environmental Markets
Category
Business & Economics
Language
English
Published
2014-05-12
Publisher
Cambridge University Press
Authors
Terry L. Anderson, Gary D. Libecap

Description

Environmental Markets explains the prospects of using markets to improve environmental quality and resource conservation. No other book focuses on a property rights approach using environmental markets to solve environmental problems. This book compares standard approaches to these problems using governmental management, regulation, taxation, and subsidization with a market-based property rights approach. This approach is applied to land, water, wildlife, fisheries, and air and is compared to governmental solutions. The book concludes by discussing tougher environmental problems such as ocean fisheries and the global atmosphere, emphasizing that neither governmental nor market solutions are a panacea.

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