Books > Earth & environment > The environment > Environmental economics
|
Buy Now
Environmental Economics - An Integrated Approach (Hardcover, New)
Loot Price: R3,249
Discovery Miles 32 490
|
|
Environmental Economics - An Integrated Approach (Hardcover, New)
Expected to ship within 12 - 17 working days
|
Donate to Gift Of The Givers
Total price: R3,269
Discovery Miles: 32 690
|
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 w
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.