Environmental Economics 2nd Edition by Charles Kolstad 9780199732647 0199732647

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Product details:

ISBN 10: 0199732647

ISBN 13: 9780199732647

Author: Charles D. Kolstad

Environmental Economics is the first text to concentrate solely on environmental economics–the problems of earth, air, and water pollution from an economic perspective–with an emphasis on both government regulation and private-sector anti-pollution incentives. With the assumption that readers already have an understanding of intermediate microeconomics, the book reaches into more detail on theory and analysis than most other textbooks in this area. Now fully revised in its second edition, Environmental Economics is divided into four primary sections: the first section defines the field of environmental economics in relation to general economics and to ecological and resource economics; the second section is normative, looking at market failure and asks why, even with apparent environmental protection, the market often fails to work properly; the third section is positive, examining government regulation of pollution using the industrial organization literature; and the final section covers more advanced topics, looking at risk, uncertainty, green accounting, international competition and cooperation and development. Including many international examples, the book places special emphasis on the ways that countries around the world approach and control their own environmental problems. Environmental Economics, Second Edition, is ideal for undergraduate economics courses and beginning graduate courses in environmental management.New to this Edition* Utilizes a new structure: the first part is normative, the second part positive* Provides an updated treatment of valuation and moves it to the first part of the text* Substantially revises coverage of cost-benefit analysis, property rights, and market failure, resulting in greater clarity* Includes new chapters on voluntary environmental protection and additional sections on discounting and dynamics* Offers increased coverage of open access resources and fisheries* The technical level throughout the text is much more consistent from chapter to chapter

Table of contents:

PART ONE: INTRODUCTION

1 The Environment and Economics

2 Normative and Positive Economic Analysis

PART TWO: HOW MUCH ENVIRONMENTAL QUALITY?

3 Social Choice: How Much Environmental Protection?

4 Efficiency and Markets

5 Market Failure: Public Goods, Public Bads, and Externalities

6 Making Decisions about Environmental Programs

7 Demand for Environmental Goods

8 Hedonic Price Methods

9 Household Production

10 Constructed Markets

PART THREE: REGULATING INDIVIDUALS AND FIRMS

11 Regulating Pollution

12 Emission Prices and Fees

13 Property Rights

14 Regulation over Space and Time

15 Regulation with Unknown Control Costs

16 Audits, Enforcement, and Moral Hazard

17 Voluntary Actions and Agreements

PART FOUR: ADVANCED TOPICS

18 Managing Risk and Uncertainty

19 International and Interregional Competition

20 Environment, Growth, and Development

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Tags: Charles Kolstad, Environmental, Economics