1.

Record Nr.

UNINA9910160294403321

Autore

Keohane Nathaniel O.

Titolo

Markets and the environment / / Nathaniel O. Keohane, Sheila M. Olmstead

Pubbl/distr/stampa

Washington, District of Columbia ; ; Covelo, [California] ; ; London, [England] : , : Island Press, , 2016

©2016

ISBN

1-61091-608-5

Edizione

[Second edition.]

Descrizione fisica

1 online resource (XVI, 307 p. 2 illus.)

Collana

Foundations of Contemporary Environmental Studies

Disciplina

333

Soggetti

Environmental economics

Water quality trading

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Introduction -- 2. Economic Efficiency and Environmental Protection -- 3. The Benefits and Costs of Environmental Protection -- 4. The Efficiency of Markets -- 5. Market Failures in the Environmental Realm -- 6. Managing Stocks: Natural Resources as Capital Assets -- 7. Stocks that Grow: The Economics of Renewable Resource Management -- 8. Principles of Market-based Environmental Policy -- 9. The Case for Market-Based Instruments in the Real World -- 10. Market Based Instruments in Practice -- 11. Sustainability and Economic Growth -- 12. Conclusion.

Sommario/riassunto

A clear grasp of economics is essential to understanding why environmental problems arise and how we can address them. So it is with good reason that this book has become a classic text in environmental studies since its first publication in 2007. Now thoroughly revised with updated information on current environmental policy and real‑world examples of market‑based instruments, the primer is more relevant than ever. 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.