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: 9780521395663 Category : Law Languages : en Pages : 286
Book Description
How can environmental conservation legislation be simultaneously sensitive to political reality and responsive to economic costs? This study addresses relevant government social policy from the perspective of ethical, cultural and political concerns.
Author: Frank Ackerman Publisher: ISBN: 9781565848504 Category : Business & Economics Languages : en Pages : 277
Book Description
An economist and a law professor debunk the use of cost-benefit analysis in deciding whether human life and the environment are worth protecting. EPA estimates of the value of one human life: in 2000: $6.1 million. In 2002: $3.7 million. Is the price of human life going down? Does it cost any less to protect the natural world? There is no meaningful dollar price for life or nature, say economist Frank Ackerman and law professor Lisa Heinzerling in their critique of recent market-based assaults on health and environmental protection. Though cost-benefit analysis sounds like a reasonable way to gauge the extent to which we should regulate private industry, when applied to "priceless" concepts such as childhood disease or the value of a stable climate in years to come, the paradigm is misguided. Decisions such as removing arsenic from drinking water or weighing the risks of cell phone use while driving should not be left to back-room bean counters. Such issues call for informed public debate drawing on moral, philosophical, and societal considerations beyond market-based assessments. Debunking the overall concept of cost-benefit analysis and the fuzzy math behind it, Priceless is the first comprehensive rebuttal of a strategy at the heart of the current administration's anti-regulatory binge.
Author: Henk Folmer Publisher: Edward Elgar Publishing ISBN: 9781840643817 Category : Environmental economics Languages : en Pages : 0
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: Richard L. Revesz Publisher: Oxford University Press ISBN: 0199768951 Category : Language Arts & Disciplines Languages : en Pages : 263
Book Description
Written in a clear and non-technical manner, Retaking Rationality gives progressive groups and the public the tools they need both to understand and to engage in the debate over the economic analysis of environmental, public health, and safety regulation. Since the Reagan presidency, the most important regulations affecting every American have been required to pass a "cost-benefit" test, but most Americans-including many professionals working for progressive institutions or elected officials-do not understand how economic analysis works. The result is that industry and conservative ideologues have twisted economic analysis so that good regulations seem to fail the cost-benefit test. This book argues that the public, and progressive institutions, must take up the fight over how economic analysis is conducted, and gives them the knowledge they need to engage industry and conservatives about when and how economic analysis of regulation should be carried out.
Author: Steven Kelman Publisher: Praeger ISBN: Category : Business & Economics Languages : en Pages : 200
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: 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: Frank Ackerman
Author: Horst Siebert
Author: Henk Folmer
Author: Richard L. Revesz
Author: Steven Kelman
Author: Nick Hanley
Author: Horst Siebert
Author: Fouad Sabry