This important text develops an institutional response to the core
issues raised in public policy making and develops a distinct
understanding of the role of institutions, not least in the study
of environmental problems. It questions: how are conflicting
interests shaped and taken into account in policy making? How
should they be accounted for? What motivates the behaviour of firms
and individuals, and how is it possible to change these motivations
to produce the favoured common outcomes? The author addresses these
questions by integrating elements from classical institutional
economics, neoclassical economics, sociology and ecological
economics. He argues that public policy in general, and
environmental policy in particular, are best examined from an
institutional perspective. In this way the author presents a
distinct and consistent alternative to standard neoclassical
economics for students and scholars who are interested in an
institutional understanding of environmental policy making. The
book is written in a clear and accessible style with boxes and
figures to help explain the issues and, as such, would be an ideal
alternative or supplement to the standard environmental economics
texts.
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