The Economic Value Of Natural And Environmental Resource
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Author | : Thomas H. Tietenberg |
Publisher | : Routledge |
Total Pages | : 779 |
Release | : 2018-03-13 |
Genre | : Business & Economics |
ISBN | : 1351803360 |
Environmental and Natural Resource Economics is the best-selling text for natural resource economics and environmental economics courses, offering a policy-oriented approach and introducing economic theory and empirical work from the field. Students will leave the course with a global perspective of both environmental and natural resource economics and how they interact. Complemented by a number of case studies showing how underlying economic principles provided the foundation for specific environmental and resource policies, this key text highlights what can be learned from the actual experience. This new, 11th edition includes updated data, a number of new studies and brings a more international focus to the subject. Key features include: Extensive coverage of the major issues including climate change, air and water pollution, sustainable development, and environmental justice. Dedicated chapters on a full range of resources including water, land, forests, fisheries, and recyclables. Introductions to the theory and method of environmental economics including externalities, benefit-cost analysis, valuation methods, and ecosystem goods and services. Boxed ‘Examples’ and ‘Debates’ throughout the text which highlight global examples and major talking points. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book and multiple-choice questions, simulations, references, slides, and an instructor’s manual on the Companion Website.
Author | : Nicholas Mercuro |
Publisher | : University Press of America |
Total Pages | : 220 |
Release | : 1994 |
Genre | : Business & Economics |
ISBN | : 9780819195944 |
This volume integrates the essentials of ecology with law and economics. The authors evaluate the conventional remedies of environmental economics in the light of integrated perspective and look to alternative remedies for environmental problems.
Author | : Frew Hailu |
Publisher | : GRIN Verlag |
Total Pages | : 40 |
Release | : 2014-11-10 |
Genre | : Business & Economics |
ISBN | : 3656834652 |
Studienarbeit aus dem Jahr 2013 im Fachbereich VWL - Umweltökonomie, , Veranstaltung: Environmental Economics, Sprache: Deutsch, Abstract: Monetary valuation of environmental goods has by now become the subject of numerous economic books and articles. Interest in the topic seems to be increasing in the economics profession, and theoretical insight, methodological improvements and the numbers of empirical findings are expanding rapidly. The aim of such valuation is usually to incorporate environmental concerns into a cost-benefit analysis. Another purpose is to construct environmentally adjusted national income measures Environmental value estimates have also been combined with macroeconomic models, e.g. to estimate welfare effects of a climate treaty Further, estimated willingness to pay is now accepted in the USA as a basis for legal compensation claims for damages to natural resources caused by spill of hazardous substances (Nyborg, 1996) Valuation can simply be defined “as an attempt to put monetary values or to environmental goods and services or natural resources”. It is a key exercise in economic analysis and its results provide important information about values of environmental goods and services. This information can be used to influence decisions about wise use and conservation of forests and other ecosystems. The basic aim of valuation is to determine people’s preferences by gauging how much they are willing to pay (WTP) for given benefits or certain environmental attributes e.g. keep a forest ecosystem intact. In other words, valuation also tries to gauge how much worse off they would consider themselves to be as a result of changes in the state of the environment such as degradation of a forest. Economic valuation never refers to a stock, but only the change in a stock. If one speaks of the economic value of biodiversity, then one always means the economic value of a change of biodiversity. It is not a question of determining the ‘true’ value of biodiversity or ecosystems but valuing changes and comparing them with their alternatives, e.g. with a golf course vs without a golf course. Thus it is non-sense to ask “how much are the African National Parks worth?” A plausible question in this case would be: ‘WWF has proposed a new policy to prevent the huge losses of wildlife species from African National Parks. What is the monetary value of the benefits of this policy (i.e., the economic damages avoided)? Economists thus stress that the valuation should focus on changes rather than levels of biodiversity or ecosystem. [...]
Author | : Jonathan M. Harris |
Publisher | : Routledge |
Total Pages | : 584 |
Release | : 2016-05-05 |
Genre | : Business & Economics |
ISBN | : 1315448513 |
Harris and Roach present a compact and accessible presentation of the core environmental and resource topics and more, with analytical rigor as well as engaging examples and policy discussions. They take a broad approach to theoretical analysis, using both standard economic and ecological analyses, and developing these both from theoretical and practical points of view. It assumes a background in basic economics, but offers brief review sections on important micro and macroeconomic concepts, as well as appendices with more advanced and technical material. Extensive instructor and student support materials, including PowerPoint slides, data updates, and student exercises are provided.
Author | : Tom Tietenberg |
Publisher | : Taylor & Francis |
Total Pages | : 405 |
Release | : 2024-09-16 |
Genre | : Business & Economics |
ISBN | : 1040107702 |
Natural Resource Economics: The Essentials offers a policy-oriented approach to the increasingly influential field of natural resource economics that is based upon a solid foundation of economic theory and empirical research. Students will not only leave the course with a firm understanding of natural resource economics, but they will also be exposed to a number of case studies showing how underlying economic principles provided the foundation for specific natural resource policies. This key text highlights what insights can be derived from the actual experience. Key features include: Extensive coverage of the major issues, including energy, recyclable resources, water policy, land conservation and management, forests, fisheries, other ecosystems, and sustainable development Introductions to the theory and method of natural resource economics, including externalities, experimental and behavioral economics, benefit-cost analysis, and methods for valuing the services provided by the environment Boxed "Examples" and "Debates" throughout the text, which highlight global cases and major talking points. This second edition provides updated data, new studies, and more international examples. There is a considerable amount of new material, with a deeper focus on climate change. The text is fully supported with end-of-chapter summaries, discussion questions, and self-test exercises in the book, as well as a suite of supplementary digital resources, including multiple-choice questions, simulations, references, slides, and an instructor’s manual. It is adapted from the 12th edition of the best-selling Environmental and Natural Resource Economics textbook by the same authors.
Author | : Thomas H. Tietenberg |
Publisher | : Addison-Wesley Longman |
Total Pages | : 712 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : |
This third edition is designed to be of interest to students of environmental and natural resource economics. New chapters, an expanded emphasis on international concerns, domestic topics, and fresh coverage of older topics are covered in an applications-orientated approach.
Author | : Nancy E. Bockstael |
Publisher | : Springer Science & Business Media |
Total Pages | : 385 |
Release | : 2007-03-31 |
Genre | : Business & Economics |
ISBN | : 1402053185 |
This book provides a systematic review of those economic approaches for valuing the environment and natural resources that use information on what people do, not what they say. The authors have worked on models of revealed preferences for valuing environmental and natural resources for several decades. The book provides a candid review of the major conceptual challenges and an exploration of neglected issues in the literature.
Author | : David A. Anderson |
Publisher | : Routledge |
Total Pages | : 447 |
Release | : 2013-09-23 |
Genre | : Business & Economics |
ISBN | : 1134659288 |
The tools of environmental economics guide policymakers as they weigh development against nature, present against future, and certain benefits against uncertain consequences. From reluctant-but-necessary calculations of the value of life, to quandaries over profits at the environment’s expense, the policies and research findings explained in this textbook are relevant to decisions made daily by individuals, firms, and governments. The fourth edition of Environmental Economics and Natural Resource Management pairs the user-friendly approaches of the previous editions with the latest developments in the field. A story-based narrative delivers clear, concise coverage of contemporary policy initiatives. To promote environmental and economic literacy, we have added even more visual aids, including color photographs and diagrams unmatched in other texts. Ancillaries include an Instructor’s Guide with answers to all of the practice problems and downloadable slides of figures and tables from the book. The economy is a subset of the environment, from which resources are obtained, workers and consumers receive sustenance, and life begins. Energy prices and environmental calamities constrain economic growth and the quality of life. The same can be said about overly restrictive environmental policies. It is with an appreciation for the weighty influence of this discipline, and the importance of conveying it to students, that this textbook is crafted.
Author | : A. Myrick Freeman |
Publisher | : Resources for the Future |
Total Pages | : 516 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9781891853623 |
Non-market valuation is becoming increasingly accepted as an evaluative tool of economics related to environmental and resource protection. Freeman (economics, Bowdoin College) presents an overview of the literature, introducing the principal methods and techniques of resource valuation. Chapters cover the measurement of welfare changes, revealed and stated preference models, nonuse models, aggregation of values across time, environmental quality as factor input, longevity and health valuation, property value models, hedonic wage models, and recreational uses of natural resource systems. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).
Author | : Barry C. Field |
Publisher | : Waveland Press |
Total Pages | : 480 |
Release | : 2008-03-12 |
Genre | : Business & Economics |
ISBN | : 1478610824 |
People make decisions regarding the use of natural resources every day, from the individual recycling a sheet of paper to governments of large nations creating energy policy. Those decisions ultimately affect people around the world. Their motivation and results are best framed and analyzed using the tools of natural resource economics. Field presents the methods and applications of the discipline in the latest edition of his popular text. The updated book retains its successful structure, first presenting basic economic principles as they apply to natural resource use and then examining the economic issues surrounding individual resources. New material is included on: energy demand and efficiency; nonrenewable resources; individual transferable fishing quotas; water pricing; agricultural cropland programs; and the Endangered Species Act.