Government regulation is necessary to the economic life of all developed countries. However the costs of regulation, in particular the cost estimates employed in the policy-making process, are often hotly debated. Drawing on recent case studies from Europe, this innovative and thoroughly accessible book examines the accuracy of regulatory cost estimates and explores in detail how these costs are calculated, the apparent relationship between ex post and ex ante calculations and why this might be.This is an objective contribution to a debate often characterised by polemic and unfounded claims. With a firm empirical basis, a wide range of case studies are presented to test theories of cost estimation which cover a diverse range of regulation in the areas of air quality and energy, industrial processes and products and agriculture and food. It will be of great interest to academics and researchers of the economics of environmental regulation and public policy. Practical suggestions for improving the accuracy of regulatory cost estimates will be of interest to a variety of economists grappling with regulatory and other impact assessments. The rationale for regulation, outlined in the book, provides a knowledge of the ideas that underpin regulation that will help non-economists (for example from regulated industries and NGOs) to engage in the wider debate about environmental regulation.

This important new book is an extensive, yet concise overview which critically surveys the application of economic valuation techniques to environmental problems in less developed countries. The authors argue that economic valuation has just as important a role to play in the developing as in the developed world in valuing environmental resources and change. Additionally, the information which such techniques provide is invaluable when helping to devise sound environmental policies. The book demonstrates that economic valuation is of extreme importance in raising the profile of the environmental aspects of development initiatives and policies, and that the application of economic valuation is both widespread and successful in developing countries. This book will be essential reading for professional environmental economists, particularly those working in the developing world, project appraisal analysts, policymakers in development organizations and graduate students of development and environmental economics.

Biodiversity loss is one of the major resource problems facing the world, and the policy options available are restricted by inappropriate economic tools which fail to capture the value of species and their variety. This study describes in non-technical terms how cost-benefit analysis techniques can be applied to species and species loss, and how they provide a measure of the efficiency of conservation measures. Only when conservation can be shown to pass such a basic economic test, the authors claim, will it be incorporated into policies.;David Pearce has also written Blueprint for a Green Economy.

Biodiversity loss is one of the major resource problems facing the world, and the policy options available are restricted by inappropriate economic tools which fail to capture the value of species and their variety. This study describes in non-technical terms how cost-benefit analysis techniques can be applied to species and species loss, and how they provide a measure of the efficiency of conservation measures. Only when conservation can be shown to pass such a basic economic test, the authors claim, will it be incorporated into policies.;David Pearce has also written Blueprint for a Green Economy.

This landmark new text charts the latest developments in economic research relevant to farm animal welfare. A range of global experts and key opinion leaders outline the challenges in achieving sustainable livestock production while improving farm profit, climate change and animal welfare, and make policy-relevant recommendations for the future. This is a theoretical yet practical book that examines: - the origins of farm animal welfare, cross-disciplinary interactions and the future of the field; - consumer demand and changing preferences as animal welfare rises up the social agenda; - the impact political organisations such as the EU and WTO have on animal welfare. An important resource for policy makers and animal welfare scientists, economists and clinicians, this book provides a thought-provoking yet evidence-based review for all those interested in quantifying and improving farm animal welfare.