Environmental and Natural Resources Economics: Theory, Policy, and the Sustainable Society

Front Cover
M.E. Sharpe, 2001 - 433 pages
With over 25% new material, this new edition of Environmental and Natural Resources Economics offers an accessible and balanced treatment of economic theory and policy relating to the environment, as well as a thorough overview of the economics of sustainability. Intended for both students and practioners, the book has been completely updated to include discussion and analysis of the latest U.S. and international environmental policy initiatives -- such as the Kyoto Protocol--and how they affect the global economy. Fully-integrated web source linkages have also been added throughout to enable all readers to make better use of the book's own website and a myriad of other available internet resources for research and supplemental reading on this crucial subject

From inside the book

Contents

Value Systems and Economic Systems
19
Definition
38
Produced andor Consumed Goods
46
Externalities Market Failures and Policy Interventions
53
The Economics of Natural Resource Systems
76
References and Further Reading
114
Measurement and Analysis of Benefits and Costs
121
The Political Economy of Environmental Regulation
164
Introduction to the Sustainability Perspective
273
Recognizing Interdependencies and Thinking Long Term
285
Sustainable Economic Development
327
Case Studies in Measuring Sustainable Economic Development
345
Issues in Sustainable Production and Consumption
354
Issues in the Economics of Sustainable Local Communities
374
Glossary
399
Index
423

Monitoring
189
Economic Instruments
214
Uncertainty Irreversibility
240
About the Author 435
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