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Author: Mark Sagoff Publisher: Cambridge University Press ISBN: 9780521545969 Category : Business & Economics Languages : en Pages : 298
Book Description
Mark Sagoff has written an engaging and provocative book about the contribution economics can make to environmental policy. Sagoff argues that economics can be helpful in designing institutions and processes through which people can settle environmental disputes. However, he contends that economic analysis fails completely when it attempts to attach value to environmental goods. It fails because preference-satisfaction has no relation to any good. Economic valuation lacks data because preferences cannot be observed. Willingness to pay is benchmarked on market price and thus may reflect producer cost not consumer benefit. Moreover, economists cannot second-guess market outcomes because they have no better information than market participants. Mark Sagoff's conclusion is that environmental policy turns on principles that are best identified and applied through political processes. Written with verve and fluency, this book will be eagerly sought out by students and professionals in environmental policy as well as informed general readers.
Author: Mark Sagoff Publisher: Cambridge University Press ISBN: 9780521545969 Category : Business & Economics Languages : en Pages : 298
Book Description
Mark Sagoff has written an engaging and provocative book about the contribution economics can make to environmental policy. Sagoff argues that economics can be helpful in designing institutions and processes through which people can settle environmental disputes. However, he contends that economic analysis fails completely when it attempts to attach value to environmental goods. It fails because preference-satisfaction has no relation to any good. Economic valuation lacks data because preferences cannot be observed. Willingness to pay is benchmarked on market price and thus may reflect producer cost not consumer benefit. Moreover, economists cannot second-guess market outcomes because they have no better information than market participants. Mark Sagoff's conclusion is that environmental policy turns on principles that are best identified and applied through political processes. Written with verve and fluency, this book will be eagerly sought out by students and professionals in environmental policy as well as informed general readers.
Author: Mark Sagoff Publisher: Cambridge University Press ISBN: 1139468006 Category : Philosophy Languages : en Pages : 278
Book Description
Mark Sagoff draws on the last twenty years of debate over the foundations of environmentalism in this comprehensive revision of The Economy of the Earth. Posing questions pertinent to consumption, cost-benefit analysis, the normative implications of neo-Darwinism, the role of the natural in national history, and the centrality of the concept of place in environmental ethics, he analyses social policy in relation to the environment, pollution, the workplace, and public safely and health. Sagoff distinguishes ethical from economic questions and explains which kinds of concepts, arguments, and processes are appropriate to each. He offers a critique 'preference' and 'willingness to pay' as measures of value in environmental economics and defends political, cultural, aesthetic, and ethical reasons to protect the natural environment.
Author: Horst Siebert Publisher: Springer Science & Business Media ISBN: 3662028425 Category : Business & Economics Languages : en Pages : 293
Book Description
"The IIlbor of nature is paid, not because she does little. In proportion as she becomes niggardly in her gifts, she exacts a greater price for her work. Where she is munificently benefi cient, she always works gratis. " David Ricardo * This book interprets nature and the environment as a scarce resource. Whereas in the past people lived in a paradise of environmental superabundance, at present environmental goods and services are no longer in ample supply. The environ ment fulfIlls many functions for the economy: it serves as a public-consumption good, as a provider of natural resources, and as receptacle of wastes. These dif ferent functions compete with each other. Releasing more pollutants into the environment reduces environmental quality, and a better environmental quality implies that the environment's use as a receptacle of wastes has to be restrained. Consequently, environmental disruption and environmental use are by nature allocation problems. This is the basic message of this book. If a resources is scarce and if a zero price is charged for its use, then misal location will result. The environment as a receptacle of wastes is heavily over used, and consequently environmental quality declines. Scarcity requires a price. This book analyzes how this price should be set, whether a correct price can be established through the market mechanism, and what role the government should play. The book offers a theoretical study of the allocation problem and describes different policy approaches to the environmental problem.
Author: Frank Ackerman Publisher: ReadHowYouWant.com ISBN: 1459604253 Category : Business & Economics Languages : en Pages : 358
Book Description
As clinical as it sounds to express the value of human lives, health, or the environment in cold dollars and cents, cost-benefit analysis requires it. More disturbingly, this approach is being embraced by a growing number of politicians and conservative pundits as the most reasonable way to make many policy decisions regarding public health and the environment. By systematically refuting the economic algorithms and illogical assumptions that cost-benefit analysts flaunt as fact, Priceless tells a ''gripping story about how solid science has been shoved to the backburner by bean counters with ideological blinders'' (In These Times). Ackerman and Heinzerling argue that decisions about health and safety should be made ''to reflect not economists' numbers, but democratic values, chosen on moral grounds. This is a vividly written book, punctuated by striking analogies, a good deal of outrage, and a nice dose of humor'' (Cass Sunstein, The New Republic). Essential reading for anyone concerned with the future of human health and environmental protection, Priceless ''shines a bright light on obstacles that stand in the way of good government decisions''.
Author: Henk Folmer Publisher: Edward Elgar Publishing ISBN: Category : Business & Economics Languages : en Pages : 824
Book Description
New edition of a text in which Folmer (Wageningen U. and Tilburg U.) and Gabel (INSEAD, France) present 22 contributions that offer both an introduction to the economic causes and consequences of environmental and resource problems and an assessment of recent developments in environmental policy instruments and corporate responses to environmental problems. The first part gives a broad overview of the misallocation problems in a market economy and analyzes the implications of policy and the problems involved in valuation. Subsequent articles provide further insights into topics such as international trade and environmental policy, social accounting, green taxation, waste management, and the relationship between economic growth and environmental quality. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Steven Kelman Publisher: Praeger Pub Text ISBN: 9780865690820 Category : Science Languages : en Pages : 170
Book Description
Sets forth in a straightforward and sensible way the philosophical reasons for the non-economist's skepticism of the economist's view of the world. Its relevance extends beyond environmental issues to other areas where microeconomic theory is being applied to public policy. Kelman cites results to confirm his view that both opponents and supporters of economic incentives have important philosophical concerns. He takes the role of an advocate of the use of incentives in formulating an environmental policy. He also discusses political strategy from the point of view of the policy entrepreneur who is trying to get ideas adopted. Economists and non-economists alike will welcome this book as a bridge over a perceptual gap in an important area of policymaking.
Author: Nathaniel O. Keohane Publisher: Island Press ISBN: 1610916077 Category : Business & Economics Languages : en Pages : 328
Book Description
"A clear grasp of economics is essential to understanding why environmental problems arise and how we can address them. ... Now thoroughly revised with updated information on current environmental policy and real-world examples of market-based instruments .... The authors provide a concise yet thorough introduction to the economic theory of environmental policy and natural resource management. They begin with an overview of environmental economics before exploring topics including cost-benefit analysis, market failures and successes, and economic growth and sustainability. Readers of the first edition will notice new analysis of cost estimation as well as specific market instruments, including municipal water pricing and waste disposal. Particular attention is paid to behavioral economics and cap-and-trade programs for carbon."--Publisher's web site.
Author: Nick Hanley Publisher: Edward Elgar Publishing ISBN: 184980205X Category : Business & Economics Languages : en Pages : 361
Book Description
An impressive piece of work that deserves to be on every European agricultural economist s bookshelf. Jean-Christophe Bureau, European Review of Agricultural Economics This is an excellent text that could be used in specialist academic courses in environmental and natural resource economics, ecological economics and cost benefit analysis, as well as in interdisciplinary courses in public policy, planning and environmental management. David James, Australasian Journal of Environmental Management Cost Benefit Analysis (CBA) is one of the most useful tools of applied economics for the social appraisal of public projects and government policies. Nick Hanley and Edward Barbier show how CBA can be applied to environmental policy choice and environmental resource management. They cover the conceptual underpinnings of CBA, practical methods for applying CBA, and a wide range of case study applications from Europe, North America and developing countries. Issues such as the value of ecosystem services and the special problems posed for CBA by environmental management are brought into close focus. The textbook is aimed at students on inter-disciplinary courses as well as those studying environmental economics, welfare economics and public policy. It will also be of interest to people in the policy community, NGOs and consultancy sectors.
Author: Fouad Sabry Publisher: One Billion Knowledgeable ISBN: Category : Business & Economics Languages : en Pages : 290
Book Description
What is Environmental Economics An area of study within the discipline of economics that focuses on environmental concerns is known as environmental economics. Because of the growing concerns about the environment in the twenty-first century, it has become a subject that is researched by a large number of people. Environmental economics research "undertakes theoretical or empirical studies of the economic effects of national or local environmental policies around the world. Particular issues include the costs and benefits of alternative environmental policies to deal with air pollution, water quality, toxic substances, solid waste, and global warming." How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Environmental economics Chapter 2: Emissions trading Chapter 3: Externality Chapter 4: Market failure Chapter 5: Carbon tax Chapter 6: Index of economics articles Chapter 7: Environmental tax Chapter 8: Pigouvian tax Chapter 9: Free-market environmentalism Chapter 10: Eco-capitalism Chapter 11: Green economy Chapter 12: Contingent valuation Chapter 13: Polluter pays principle Chapter 14: Environmental good Chapter 15: Carbon price Chapter 16: Environmental enterprise Chapter 17: Market-based environmental policy instruments Chapter 18: Payment for ecosystem services Chapter 19: Green accounting Chapter 20: Environmentally honest market system Chapter 21: Pollution haven hypothesis (II) Answering the public top questions about environmental economics. (III) Real world examples for the usage of environmental economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of environmental economics. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of environmental economics.
Author: Mark Sagoff
Author: Mark Sagoff
Author: Mark Sagoff
Author: Horst Siebert
Author: Frank Ackerman
Author: Henk Folmer
Author: Steven Kelman
Author: Nathaniel O. Keohane
Author: Nick Hanley
Author: Horst Siebert
Author: Fouad Sabry