Environmental Economics: Policies for Environmental Management and Sustainable Development
. . . undergraduate and graduate students of environmental policy will find the book very useful. D. Martin, Choice It contains very useful and clear summaries of environmental issues, such as the basic theory of externalities, cost-benefit analysis where environmental effects are important, decision making under uncertainty, the economics of biodiversity, and sustainable development . Wilfred Beckerman, The Economic Journal It is very clearly written, well produced and will find its way into many of the bookshelves of the growing corps of economists retraining a environmental economists. Jock R. Anderson, Agricultural Economics . . . Tisdell s book offers a remarkable collection of many interesting aspects of environmental economics and sustainability. It can be recommended without reservation to readers who already have a sound basic knowledge in the field of welfare economics (and of environmental economics) and who are now interested in going into the details. Michael Ahlheim, Kyklos Environmental Economics provides an accessible well written guide to appropriate policies for environmental management and sustainable development. Following a general introduction the book begins with a discussion of externalities (Paretian relevant and irrelevant, Coasian considerations) and microeconomic policies to control pollution and environmental spillovers and degradation from economic activities. Methods and problems involved in allowing for environmental risk and uncertainty in project evaluation and the impact of the law on environmental risk-taking are examined. A major theme is sustainability its nature, its implications for cost-benefit analysis and project evaluation and its consequences for policies for economic development. In conclusion, global conservation issues, such as proposed world conservation strategies, and policies for controlling global pollution eg. greenhouse gas emissions, are examined. Written in a lively and accessible style, the book will be of particular interest to policy makers, teachers and students of environmental economics.
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Background to Environmental Economics
Relevant and Irrelevant
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achieved adopted agricultural systems allocation alternative Australia benefits biological biosphere chapter concept of sustainability considerable cost-benefit analysis costs curve Daly discussed ecological ecological economics ecologists economic activity economic development economic growth economists ensure environmental damage environmental economics example existence external economies extinction factor favourable externalities Figure firm Furthermore future global greater green economics human illustrated important income increased individuals infra-marginal external involved IUCN IUCN-UNEP-WWF Kaldor-Hicks land LDCs less developed countries living resources loss marginal cost marginal external marginal product market failure maximizing minimax natural capital natural environment natural resources occur output Pareto irrelevant Pareto optimality Pearce perfectly competitive perfectly competitive equilibrium pest point of view population possible problem product of x2 production function project evaluation quantity reduce relevant result sellers social returns socially optimal species strict liability suggested sustainable development technique Tisdell uncertainty unsustainable World Conservation Strategy