Suchergebnisse

This book aids those concerned about environmental issues to firmly grasp relevant analytical methods and to comprehend the thought process behind environmental economics. It does so by drawing from specific environmental issues and at the same time providing commentary that facilitates understanding. This text contains in-depth explanations necessary for a thorough understanding of the fundamental aspects and importance of environmental economics.

The environment and economics -- Normative and positive economic analysis -- Social choice : how much environmental protection? -- Efficiency and markets -- Market failure : public goods, public bads, and externalities -- Making decisions about environmental programs -- Demand for environmental goods -- Hedonic price methods -- Household production -- Constructed markets -- Regulating pollution -- Emission prices and fees -- Property rights -- Regulation over space and time -- Regulation with unknown control costs -- Audits, enforcement, and moral hazard -- Voluntary actions and agreements -- Managing risk and uncertainty -- International and interregional competition -- Environment, growth, and development