Environmental and Natural Resources Economics: Theory, Policy, and the Sustainable SocietyM.E. Sharpe, 1998 - 327 pages Integrating aspects of philosophy, political science, and some environmental science with economics, this book provides a multidisciplinary and even approach to environmental economics and natural resources policy. Although it does not require a background in basic economic theory the book is rigorous both in analytical approach and content, utilizing both mainstream and alternative economic arguments. Included are a unique chapter on value systems and the role of ethics as well as substantial material on local sustainable development. |
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Page 27
... Positive and Normative Economics So what is the nature of our economy , and what should we do to change it ? In responding to these questions , it is useful to consider an illustrative example . Suppose that policy makers are ...
... Positive and Normative Economics So what is the nature of our economy , and what should we do to change it ? In responding to these questions , it is useful to consider an illustrative example . Suppose that policy makers are ...
Page 43
... positive externality by reducing the ability of a disease epi- demic to spread and affect others in society . Example 1 given above offers yet another example of a positive externality . When market exchange generates positive ...
... positive externality by reducing the ability of a disease epi- demic to spread and affect others in society . Example 1 given above offers yet another example of a positive externality . When market exchange generates positive ...
Page 56
... positive and negative externalities . Positive externalities are unpaid - for benefits to others from the production or consumption activities of an individual ( or business ) and result in the demand for that activity understating the ...
... positive and negative externalities . Positive externalities are unpaid - for benefits to others from the production or consumption activities of an individual ( or business ) and result in the demand for that activity understating the ...
Contents
Introduction to Environmental | 3 |
Value Systems and Economic Systems | 17 |
Definition | 32 |
Copyright | |
16 other sections not shown
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allocation allowances appropriation argue benefit/cost analysis benefits carbon dioxide chapter Clean Air cleanup common-pool resource competitive market consumers consumption create decline demand dioxide emissions discount rate dynamically efficient Ecological Economics economic development economists ecosystem energy enforcement environment Environmental Economics environmental regulations estimated ethical example export external costs firms fishery fishing forest future global warming greenhouse gas harvest Hotelling rents human human-made capital impact incentive income increase industry investment marginal cost market failure market price measure ment methods million monitoring Montreal Protocol natural capital natural resources occurs opportunity cost Ostrom output per-capita percent Pigouvian tax political economy pollution problem production programs property rights protection reduce regulatory reports result rule social substantial sulfur sulfur dioxide supply curve sustainable development technologies tion trade United utility weak-form sustainability World