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Books > Earth & environment > The environment > Environmental economics
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Infrastructure - The Social Value of Shared Resources (Paperback)
Loot Price: R2,016
Discovery Miles 20 160
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Infrastructure - The Social Value of Shared Resources (Paperback)
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Infrastructure resources are the subject of many contentious public
policy debates, including what to do about crumbling roads and
bridges, whether and how to protect our natural environment, energy
policy, even patent law reform, universal health care, network
neutrality regulation and the future of the Internet. Each of these
involves a battle to control infrastructure resources, to establish
the terms and conditions under which the public receives access,
and to determine how the infrastructure and various dependent
systems evolve over time. Infrastructure: The Social Value of
Shared Resources devotes much needed attention to understanding how
society benefits from infrastructure resources and how management
decisions affect a wide variety of interests. The book links
infrastructure, a particular set of resources defined in terms of
the manner in which they create value, with commons, a resource
management principle by which a resource is shared within a
community. The infrastructure commons ideas have broad implications
for scholarship and public policy across many fields ranging from
traditional infrastructure like roads to environmental economics to
intellectual property to Internet policy. Economics has become the
methodology of choice for many scholars and policymakers in these
areas. The book offers a rigorous economic challenge to the
prevailing wisdom, which focuses primarily on problems associated
with ensuring adequate supply. The author explores a set of
questions that, once asked, seem obvious: what drives the demand
side of the equation, and how should demand-side drivers affect
public policy? Demand for infrastructure resources involves a range
of important considerations that bear on the optimal design of a
regime for infrastructure management. The book identifies resource
valuation and attendant management problems that recur across many
different fields and many different resource types, and it develops
a functional economic approach to understanding and analyzing these
problems and potential solutions.
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