Environmental Economics: In Theory and Practice, Second Edition
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.
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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.
List of tables ixList of figures xList of boxes xiiiIntroduction and acknowledgements xvEconomy-environment interactions 1The economics of sustainable development 14Market failure 42Incentive design 82Pollution taxes and tradable emission permits: Theory into practice 131Transboundary pollution and global public goods 174Nonrenewable resources: Market structure and policy 214Nonrenewable resources: Scarcity, costs and externalities 243Renewable natural resources: The fishery 266Forestry economics 303Theory and methods for environmental valuation 322Risk and the environment 368Trade and the environment 421Author index 449Subject index 454
