Natural Resource and Environmental Economics
Longman, Jan 1, 1999 - Business & Economics - 564 pages
Natural Resource and Environmental Economics provides a comprehensive and clear account of the application of economic analysis to environmental issues.
New features in this edition: sustainability as an organising theme; a new chapter on forestry and management for multiple use, including biodiversity conservation; a new chapter on irreversibility risk and uncertainty; extended coverage of environmental valuation theory and practice; extended discussion of pollution control with more attention to the spatial dimensions of the problem; and environmental accounting theory and practice related to sustainability.
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Fundamental features in the economic approach
Concepts of sustainability
Ethics and the environment
28 other sections not shown
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abatement costs agriculture allocation analysis argued assumption behaviour benefits biodiversity chapter constant constraint consumption countries damage demand depletion discount rate discussed ecological economists ecosystem effects efficient emissions energy envir environment environmental economics equal Equation estimate ethical example exist external Figure firms flows forest fossil fuel future given global growth harvesting Hotelling's rule human impacts implies incentives income increase indifference curve individual inputs instruments intertemporal limits to growth marginal cost maximise measure ment natural capital natural environment natural resources nomic non-renewable resource obtain onmental optimal outcomes output period pollution population possible problem production function programme property rights quantity reduce relevant renewable resource resource extraction resource stock shadow price social welfare social welfare function species substitution sustainable development Table target tion unit utility function variables welfare function zero