"Complete,thorough,and up-to-date.An excellent 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
Environmental economics is now a well-established option 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...--This text refers to the Hardcover edition.
Environmental Economics in Theory and Practice provides a thorough and coherent review and discussion of environmental economics.It is a guide to the most important areas of natural resource and environmental economics,including the economics of non-renewable and renewable resource extraction,the economics of pollution control,the application of cost-benefit analysis to the environment,and the economics of sustainable development.The book concentrates on key elements of economic theory,and shows how they can be applied to real-world problems. "Complete,thorough,and up-to-date.An excellent 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
Environmental economics is now a well-established option 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...--This text refers to the Hardcover edition.
Environmental Economics in Theory and Practice provides a thorough and coherent review and discussion of environmental economics.It is a guide to the most important areas of natural resource and environmental economics,including the economics of non-renewable and renewable resource extraction,the economics of pollution control,the application of cost-benefit analysis to the environment,and the economics of sustainable development.The book concentrates on key elements of economic theory,and shows how they can be applied to real-world problems.