Synopses & Reviews
The second edition of Environmental Economics has been fully updated and revised to take into account recent developments relating to the relationship between economics and the environment. New chapters on environmental risk, trade and the environment, and ecosystems and economics contribute to the stimulating analysis offered in this timely new edition.
Synopsis
This completely revised and updated edition of Environmental Economics: In Theory and Practice covers all the major topics in the field. Emphasis is placed on the application of economic analysis to real-world environmental problem solving, and examples are drawn from all over the world.
Synopsis
Environmental Economics in Theory and Practice is an ideal text for students taking advanced courses in environmental and natural resource economics. This completely revised and updated edition covers all the major topics in the field, including the economics of sustainable development, market failure and mechanism design, pollution taxes and tradable permits, trans-boundary pollution, non-renewable and renewable resources (including both fisheries and forests), environmental valuation, risk, and trade and the environment. The authors make extensive use of mathematical models, supplementing these with careful explanation and graphical analysis. Emphasis is placed on the application of economic analysis to real-world environmental problem solving, such as designing policies to control pollution or to reduce global biodiversity loss, and examples are drawn from all over the world.
NICK HANLEY is Professor of Environmental Economics at the University of Stirling, Scotland.
JASON F. SHOGREN is Stroock Distinguished Professor of Natural Resource Conservation and Management at the University of Wyoming, USA.
BEN WHITE is Senior Lecturer in Agricultural and Resource Economics at the University of Western Australia, Australia.
The authors have also jointly produced An Introduction to Environmental Economics (Oxford University Press, 2001). Nick Hanley is the author of Cost-Benefit Analysis and the Environment (Edward Elgar, 1994).
About the Author
Nick Hanley is Professor of Environmental Economics at Edinburgh University. Jason Shogren is Professor of Economics at the University of Wyoming. Ben White is Senior Lecturer, School of Agriculture and Resource Economics, University of Western Australia.
Table of Contents
The Economy and the Environment: Two parts of a Whole * Market Failure * Economic Incentives for the Environment * Emission Taxes and Tradable Emission Permits * Transboundary and Global Pollution * Non-renewable Resources * Biological Natural Resources * Non-market valuation * Economic Growth and Sustainability * Environmental Risk * Ecosystems and Economies * Trade and the Environment