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Environmental Economics
 
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Environmental Economics
In Theory and Practice
2nd edition
 
 
Palgrave Macmillan
 
 
 
 
 
10 Nov 2006
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£43.99
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9780333971376
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DescriptionContentsAuthors

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).


Description

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).


Contents

Economy - Environment Interactions
Sustainable Development
Market Failure
Incentive Design
Emission Taxes and Tradable Emission Permits: Theory into Practice
Transboundary and Global Pollution
Nonrenewable Resources: Market Structure and Policy
Nonrenewable Resource Scarcity, Costs, and Externalities
Biological Natural Resources: the Fishery
Forestry Economics
Theory and Methods for Environmental Valuation
Environmental Risk
Trade and the Environment


Authors

NICK HANLEY is Professor of Environmental Economics at the University of Stirling, UK.

JASON F. SHOGREN is Stroock Distinguished Professor of Natural Resource Conservation and Management at the University of Wyoming, USA.

BEN WHITE is Profesor and Head of the School of Agricultural and Resource Economics at the University of Western Australia, Australia.