Synopses & Reviews
'This book is an advanced text in applied welfare economics and its application to environmental economics. The author goes far beyond the existing literature, deriving sets of rules that can be used to assess the social benefits and costs of private and public sector projects that affect the environment. Drawing on a number of empirical illustrations, this book will be of interest not only to those taking advanced courses in environmental economics, welfare economics, and public economics, but also as a reference for those undertaking project evaluations in government and business.'
Synopsis
This book is an advanced text in applied welfare economics and its application to environmental economics. The author goes far beyond the existing literature, deriving sets of rules that can be used to assess the social benefits and costs of private and public sector projects that affect the environment. Drawing on a number of empirical illustrations, this book will be of interest not only to those taking advanced courses in environmental economics, welfare economics, and public economics, but also as a reference for those undertaking project evaluations in government and business.
Description
Includes bibliographical references (p. 217-227) and index.
Table of Contents
1. Introduction; 2. Some basic concepts; 3. Consumer surplus measures; 4. Valuing public goods: practical methodologies; 5. General equilibrium cost-benefit rules; 6. Cost-benefit rules, national income accounts and sustainable development; 7. Valuation and aggregation; 8. Cost-benefit rules in a risky world; 9. Valuing changes in access conditions, health risks and information; 10. Empirical applications; 11. Policy instruments and international environmental problems.