Economics of the Environment : Theory and Policy

Seventh Edition 2008

by Horst Siebert

Book Details

Format Paperback / Softback

ISBN-10 364209287X

ISBN-13 9783642092879

Edition Seventh Edition 2008

Publisher Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Imprint Springer-Verlag Berlin and Heidelberg GmbH & Co. K

Country of Manufacture DE

Country of Publication GB

Publication Date Oct 19th, 2010

Print length 333 Pages

Weight 516 grams

Dimensions 23.50 x 15.40 x 1.90 cms

Product Classification: Environmental economics Environmental management

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Whereas in the past people lived in a paradise of environmental superabundance, at present environmental goods and services are no longer in ample supply. Releasing more pollutants into the environment reduces environmental quality, and a better environmental quality implies that the environment’s use as a receptacle of waste has to be restrained.

The book interprets nature and the environment as a scarce resource. It offers a theoretical study of the allocation problem and describes different policy approaches to the environmental problem. The entire spectrum of the allocation issue is studied. The author incorporates several economic approaches, including neoclassical analysis, the public goods approach and optimization theory. The different aspects of environmental allocation are studied in the context of a single model that is used throughout the book. The sixth edition includes new sections on ethical aspects of environmental evaluation, and international emission trading and biodiversity.

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