Environmental Economics: In Theory and Practice

Features

• Cover Type: Paperback with 480 pages
• Published by: Oxford University Press, USA November 14, 1996
• Written in: English
• ISBN 10 Number: 019521255X
• ISBN 13 Number: 978-0195212556
• Book Dimensions: 9.1 x 6.1 x 1.5 inches
• Weighs: 1.6 pounds

Product Review
Environmental economics is now a well-established opton in many economics honours programmes. There is no shortage of texts on offer, but many of them assume too little: too little maths and too little in the way of microeconomic concepts. This book plugs the gap, being squarely aimed at higher-level undergraduates and postgraduates with a good level of mathematical sophistication and economic understanding. It assumes familiarity with static optimisation techniques which are then extended into dynamics, with and without uncertainty. Occasionally, it tries to do too much - the technical notes on game theory and mathematical programming are too short to be of much use to either the initiate or the novice - but in general the ambition is to be applauded, since it enables the book to explore important areas of the literature on natural resources, until now largely barred to the student -- Alistair Munro, Book Notes, The Economic Journal, November 1997, pp. 1968-9 --This text refers to the Hardcover edition.

Product Review
"Complete, thorough, and up-to-date. An great contribution and will be useful both in graduate-level courses in environmental economics and in courses in dynamic resource allocation. The sections on tradeable permits and valuation are concise and useful."--Greald E. Shively, Purdue University

"Clear, well organized, great 'boxed' examples. Works quite well at the Economic Master's level."--George Parsons, University of Delaware

Reader Reviews
All the environmental issues are well explained and good case studies bring the theory to life. Diagrams are excellent and mathematics kept to the essential places. Some previous economic experience required before reading. Well written, up to date, interesting and flows well. Highlights are market failure, tradable pollution permits, methods for valuing the environment and incentives for environmental protection.