Rigorous, yet written in a way that facilitates understanding of complex material, Environmental Economics: An Integrated Approach provides practical and working knowledge of how environmental policy analysis is developed. This is a true textbook, detailing the tools required to conduct that analysis and also discusses weaknesses in the existing methods, underlining areas for future improvement. This approach allows readers to get a sense of what is known and what is not known about environmental economics. The book discusses why we have environmental problems and how we would optimally react if we had perfect information about environmental benefits and costs. It then describes methods in use—and their flaws—to acquire the information necessary to enact environmental policy. The book starts with a categorization of goods types, concluding that environmental problems stem from non-excludable goods that are either rivalrous or non-rivalrous. The author introduces the Coase Theorem in the first chapter, then details how households and firms would behave when facing a zero price on pollution versus a price on pollution set equal to presumed known marginal damages. He connects the economic system with the environmental system by aggregating up from individual decisions to the aggregate market system and the aggregate environmental quality. But, of course, the information available is rarely perfect. Clarifying the information difficulties faced by households, firms, and policy makers, the author recognizes that there is both a knowledge gap and a communication gap. He then covers the methods policy makers employ in an attempt to gain sufficient insight into marginal benefits and marginal costs to properly set a marginal damage tax, properly limit emission rights, or properly provide public goods. The book then examines the nature of these methods and their likely bias, before concluding that surviving the next 50 to 100 years will lead to a world of ever-improving levels of economic and environmental goods—but the sobering qualifier is that without proper environmental policies there is a significant probability that our species will not be able to reach that desirable outcome.
It differs from national parks, which may also be areas of natural beauty, in that while national parks tend to cover large areas, AONBs are normally on a smaller scale. An example of an AONB would be a range of downs that requires ...
The importance of the built environment to environmental protection is well established, with strict environmental regulations now a feature of all construction.
Rich in pedagogical features, including key concepts boxes and review questions at the end of each chapter, this book will be a vital resource for upperlevel undergraduate and postgraduate students studying not only environmental ...
This text offers a systematic exposition of environmental and natural resource economics. It considers a variety of real world examples to illustrate the policy relevance and implications of key economic and ecological concepts.
This book is an introduction to environmental econom-ics, one way of approaching the steps that need to be taken.
Boxed "Examples" and "Debates" throughout the text, which highlight global examples and major talking points. This text will be of use to undergraduate students of economics.
Egan, Kevin 1., Catherine L. Kling, and john A. Downing. “Valuing Water Quality as a Function of Water Quality Measures. ... In Winston Harrington, Richard D. Morgenstern, and Thomas Sterner, eds. Choosing Environmental Policy.
Environmental Economics
Provides an introduction to the concepts of environmental economics.
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