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A comprehensive survey of developments in the theory of measurement of welfare is applied to issues relevant to environmental economics in this advanced study.
Book Synopsis The Economic Theory and Measurement of Environmental Benefits by : Per-Olov Johansson
Download or read book The Economic Theory and Measurement of Environmental Benefits written by Per-Olov Johansson and published by Cambridge University Press. This book was released on 1987-10-29 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive survey of developments in the theory of measurement of welfare is applied to issues relevant to environmental economics in this advanced study.
The first edition of this important work was the winner of the 2002 Publication of Enduring Quality award by the Association of Environmental and Resource Economists. The continuing premise for the book is that estimates of the economic values of environmental and natural resource services are essential for effective policy-making. As previous editions, the third edition, which includes two additional co-authors, presents a comprehensive treatment of the theory and methods involved in estimating environmental benefits. Researchers, policy-makers, and practitioners will welcome the work as an up-to-date reference on recent developments. Students will gain a better understanding of the contribution that economics as a discipline can make to decisions concerning pollution control and human health, recreation, environmental amenities, and other critical issues concerning the way we use and interact with environmental and natural resource systems. To reflect recent progress in both the theory and practice of non-market valuation, the third edition includes more details on empirical approaches to measurement, expanded discussion of the reasons for divergence between "willingness to pay" and "willingness to accept compensation," and increased coverage of econometric issues encountered in estimation. In keeping with its cutting edge orientation, it also includes more discussion of survey design, equilibrium sorting models, and the implications of behavioral economics for welfare measurements and benefit cost analysis.
Book Synopsis The Measurement of Environmental and Resource Values by : A. Myrick Freeman III
Download or read book The Measurement of Environmental and Resource Values written by A. Myrick Freeman III and published by Routledge. This book was released on 2014-06-05 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first edition of this important work was the winner of the 2002 Publication of Enduring Quality award by the Association of Environmental and Resource Economists. The continuing premise for the book is that estimates of the economic values of environmental and natural resource services are essential for effective policy-making. As previous editions, the third edition, which includes two additional co-authors, presents a comprehensive treatment of the theory and methods involved in estimating environmental benefits. Researchers, policy-makers, and practitioners will welcome the work as an up-to-date reference on recent developments. Students will gain a better understanding of the contribution that economics as a discipline can make to decisions concerning pollution control and human health, recreation, environmental amenities, and other critical issues concerning the way we use and interact with environmental and natural resource systems. To reflect recent progress in both the theory and practice of non-market valuation, the third edition includes more details on empirical approaches to measurement, expanded discussion of the reasons for divergence between "willingness to pay" and "willingness to accept compensation," and increased coverage of econometric issues encountered in estimation. In keeping with its cutting edge orientation, it also includes more discussion of survey design, equilibrium sorting models, and the implications of behavioral economics for welfare measurements and benefit cost analysis.
This book is an advanced text in applied welfare economics and its application to environmental economics. The author goes far beyond the existing literature on the valuation of environmental benefits, deriving sets of cost-benefit rules which can be used to assess private and public sector projects which affect the environment. He explains how valuation studies can be augmented so as to yield the information necessary for decision-making, showing how externalities, taxes, unemployment, risk, irreversibilities, flow and stock pollutants, discounting, and intergenerational distribution should be treated in social cost-benefit analysis. Drawing on a number of empirical illustrations, this book will be of interest not only to those taking advanced courses in environmental economics, welfare economics, and public economics, but also as a reference for those undertaking project evaluations in government and business.
Book Synopsis Cost-Benefit Analysis of Environmental Change by : Per-Olov Johansson
Download or read book Cost-Benefit Analysis of Environmental Change written by Per-Olov Johansson and published by Cambridge University Press. This book was released on 1993-08-27 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an advanced text in applied welfare economics and its application to environmental economics. The author goes far beyond the existing literature on the valuation of environmental benefits, deriving sets of cost-benefit rules which can be used to assess private and public sector projects which affect the environment. He explains how valuation studies can be augmented so as to yield the information necessary for decision-making, showing how externalities, taxes, unemployment, risk, irreversibilities, flow and stock pollutants, discounting, and intergenerational distribution should be treated in social cost-benefit analysis. Drawing on a number of empirical illustrations, this book will be of interest not only to those taking advanced courses in environmental economics, welfare economics, and public economics, but also as a reference for those undertaking project evaluations in government and business.
Non-market valuation is becoming increasingly accepted as an evaluative tool of economics related to environmental and resource protection. Freeman (economics, Bowdoin College) presents an overview of the literature, introducing the principal methods and techniques of resource valuation. Chapters cover the measurement of welfare changes, revealed and stated preference models, nonuse models, aggregation of values across time, environmental quality as factor input, longevity and health valuation, property value models, hedonic wage models, and recreational uses of natural resource systems. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).
Book Synopsis The Measurement of Environmental and Resource Values by : A. Myrick Freeman
Download or read book The Measurement of Environmental and Resource Values written by A. Myrick Freeman and published by Resources for the Future. This book was released on 2003 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-market valuation is becoming increasingly accepted as an evaluative tool of economics related to environmental and resource protection. Freeman (economics, Bowdoin College) presents an overview of the literature, introducing the principal methods and techniques of resource valuation. Chapters cover the measurement of welfare changes, revealed and stated preference models, nonuse models, aggregation of values across time, environmental quality as factor input, longevity and health valuation, property value models, hedonic wage models, and recreational uses of natural resource systems. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).
Integrating aspects of philosophy, political science, and some environmental science, this text provides a multidisciplinary approach to environmental economics and natural resources policy. Included is a chapter on value systems and the role of ethics.
Book Synopsis Environmental and Natural Resources Economics by : Steven C. Hackett
Download or read book Environmental and Natural Resources Economics written by Steven C. Hackett and published by M.E. Sharpe. This book was released on 1998 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Integrating aspects of philosophy, political science, and some environmental science, this text provides a multidisciplinary approach to environmental economics and natural resources policy. Included is a chapter on value systems and the role of ethics.
Economic Theory for Environmentalists is a much-needed and heralded new book that examines the implications of neoclassical economic theory and how it relates to the environment and environmental activity. It addresses the ongoing conflict between market forces and environmental integrity and explains how neoclassical economic theory views the relationship between economic activity and the natural world. Each chapter outlines the concepts of economic theory and the relevance of its environmental and policy implications. It focuses on both micro and macro-economics. Policy tools such as price and income elasticities, consumer surplus and methods for measuring the economic value of environmental resources are discussed. A case study which examines a range of policy options is presented. Examples are also given throughout the text to illustrate regional and international policy questions. Presented in a simple and easy to understand manner, this valuable book is suited for anyone dealing with environmental, economic, or policy issues.
Book Synopsis Economic Theory for Environmentalists by : John Gowdy
Download or read book Economic Theory for Environmentalists written by John Gowdy and published by CRC Press. This book was released on 2020-02-10 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Theory for Environmentalists is a much-needed and heralded new book that examines the implications of neoclassical economic theory and how it relates to the environment and environmental activity. It addresses the ongoing conflict between market forces and environmental integrity and explains how neoclassical economic theory views the relationship between economic activity and the natural world. Each chapter outlines the concepts of economic theory and the relevance of its environmental and policy implications. It focuses on both micro and macro-economics. Policy tools such as price and income elasticities, consumer surplus and methods for measuring the economic value of environmental resources are discussed. A case study which examines a range of policy options is presented. Examples are also given throughout the text to illustrate regional and international policy questions. Presented in a simple and easy to understand manner, this valuable book is suited for anyone dealing with environmental, economic, or policy issues.
In this book, Professors Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy. They present a formal, theoretical treatment of those factors influencing the quality of life. By covering both the theory of externalities and its application to environmental policy, the authors have retained the basic structure and organization of the first edition, which has become a standard reference in the field. In this edition, however, they have updated their analysis to incorporate recent research in environmental economics.
Book Synopsis The Theory of Environmental Policy by : William J. Baumol
Download or read book The Theory of Environmental Policy written by William J. Baumol and published by Cambridge University Press. This book was released on 1988-02-26 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Professors Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy. They present a formal, theoretical treatment of those factors influencing the quality of life. By covering both the theory of externalities and its application to environmental policy, the authors have retained the basic structure and organization of the first edition, which has become a standard reference in the field. In this edition, however, they have updated their analysis to incorporate recent research in environmental economics.
This innovative, cutting-edge book takes a hands-on approach to the origins of environmental problems, their economic consequences, and the policies that address them. Economic Approach to Environment and Natural Resources with Economics presents environmental economic theory and methods in the first five chapters and then applies and reinforces them with illustrations and applications in the subsequent chapters. No other book provides a stronger link between theory and applications. -- Amazon.com.
Book Synopsis The Economic Approach to Environmental and Natural Resources by : James R. Kahn
Download or read book The Economic Approach to Environmental and Natural Resources written by James R. Kahn and published by South Western Educational Publishing. This book was released on 2005 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative, cutting-edge book takes a hands-on approach to the origins of environmental problems, their economic consequences, and the policies that address them. Economic Approach to Environment and Natural Resources with Economics presents environmental economic theory and methods in the first five chapters and then applies and reinforces them with illustrations and applications in the subsequent chapters. No other book provides a stronger link between theory and applications. -- Amazon.com.
During the last decades, environmental economics as a science has been very successful in improving our understanding of environment-economy interdepen dence. Using conventional economic methodology, environmental aspects have been explicitly incorporated into economic models making use of the concept of externality. This concept was already familiar to economists long before evidence of severe environmental deterioration found its way into the headlines and peo ple's awareness. But before that time, external effects were not considered as being empirically very relevant, they seemed to be -like the example of the bees and the fruit trees - somewhat bucolic in nature. All that changed dramatically when it was no longer possible (or easy) to ignore the large-scale environmental disruption with its negative feedback on consumers and producers caused by growing pollution and excessive use of environmental resources. In diagnosing the discrepancy between private and social cost as the cause of the problem, the externality paradigm proved very useful. The correct diagnosis implies the straightforward cure to internalise all external cost, namely the damage cost of pollution. But it is one thing to identify the qualitative nature of the problem at an abstract conceptual level and quite another thing to place specific money values on pollution damage and society's valuation of the environment, respectively, in the context of specific pollution (control) problems. Very often it is controversial not only how inefficient the no-policy situation is but also what exactly the net benefit of any public action of reducing pollution is.
Book Synopsis Valuing the Environment: Methodological and Measurement Issues by : Rüdiger Pethig
Download or read book Valuing the Environment: Methodological and Measurement Issues written by Rüdiger Pethig and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decades, environmental economics as a science has been very successful in improving our understanding of environment-economy interdepen dence. Using conventional economic methodology, environmental aspects have been explicitly incorporated into economic models making use of the concept of externality. This concept was already familiar to economists long before evidence of severe environmental deterioration found its way into the headlines and peo ple's awareness. But before that time, external effects were not considered as being empirically very relevant, they seemed to be -like the example of the bees and the fruit trees - somewhat bucolic in nature. All that changed dramatically when it was no longer possible (or easy) to ignore the large-scale environmental disruption with its negative feedback on consumers and producers caused by growing pollution and excessive use of environmental resources. In diagnosing the discrepancy between private and social cost as the cause of the problem, the externality paradigm proved very useful. The correct diagnosis implies the straightforward cure to internalise all external cost, namely the damage cost of pollution. But it is one thing to identify the qualitative nature of the problem at an abstract conceptual level and quite another thing to place specific money values on pollution damage and society's valuation of the environment, respectively, in the context of specific pollution (control) problems. Very often it is controversial not only how inefficient the no-policy situation is but also what exactly the net benefit of any public action of reducing pollution is.
With The Development Process, There Are Dangerous Risks To Future Well-Being Posed By Acid Rain, Ozone Depletion And Green-House Effects. The Time Has Come To Study Environmental Degradation, Its Causes, Effects And Remedies In The Economic Context. Environmental Economics Is Suitable Theoretical And Applied Platform For This.The Book Is Best Combination Of Theoretical Analysis Of Environmental Problems. Here The Meaning, Nature, Scope And Importance Of Environmental Economics Are Analyzed. The Various Theories Of Sustainable Development And Environmental Impact Assessment Are Reviewed. An Attempt Has Been Made To Examine The Role Of State And Market In The Context Of Environment To Analyze The Pollution Theories And Problems, Environment And Development, Environmental Industrial Management And Culture And Environment Etc.This Book Will Very Useful To Environmental Researchers, Theorists, Students, Teachers And Environmental Institutions. This Will Guide To Policy-Makers And Environmental Reformers, Organizers Etc.
Book Synopsis Theories and Approaches of Environmental Economics by : M.V. Joshi
Download or read book Theories and Approaches of Environmental Economics written by M.V. Joshi and published by Atlantic Publishers & Dist. This book was released on 2005 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: With The Development Process, There Are Dangerous Risks To Future Well-Being Posed By Acid Rain, Ozone Depletion And Green-House Effects. The Time Has Come To Study Environmental Degradation, Its Causes, Effects And Remedies In The Economic Context. Environmental Economics Is Suitable Theoretical And Applied Platform For This.The Book Is Best Combination Of Theoretical Analysis Of Environmental Problems. Here The Meaning, Nature, Scope And Importance Of Environmental Economics Are Analyzed. The Various Theories Of Sustainable Development And Environmental Impact Assessment Are Reviewed. An Attempt Has Been Made To Examine The Role Of State And Market In The Context Of Environment To Analyze The Pollution Theories And Problems, Environment And Development, Environmental Industrial Management And Culture And Environment Etc.This Book Will Very Useful To Environmental Researchers, Theorists, Students, Teachers And Environmental Institutions. This Will Guide To Policy-Makers And Environmental Reformers, Organizers Etc.
