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Foundations of Contemporary Environmental Studies Ser.: Markets and the Environment by Sheila M. Olmstead and Nathaniel O. Keohane (2007, Trade Paperback)

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About this product

Product Identifiers

Publisher
Island Press
ISBN-10
1597260479
ISBN-13
9781597260473
eBay Product ID (ePID)
61446994

Product Key Features

Number of Pages
288 Pages
Language
English
Publication Name
Markets and the Environment
Publication Year
2007
Subject
Environmental Science (See Also Chemistry / Environmental), Environmental Economics, Public Policy / Environmental Policy
Type
Textbook
Subject Area
Political Science, Science, Business & Economics
Author
Sheila M. Olmstead, Nathaniel O. Keohane
Series
Foundations of Contemporary Environmental Studies Ser.
Format
Trade Paperback

Dimensions

Item Height
0.7 in
Item Weight
14.1 Oz
Item Length
8.8 in
Item Width
5.5 in

Additional Product Features

Edition Number
2
Intended Audience
College Audience
LCCN
2007-014814
Dewey Edition
23
Reviews
Provides a concise introduction to the economic theory of environmental policy and natural resource management., Succinct and well-written...Covers the material with admirable clarity, pertinent examples, and readily available analytics., Two of the world's leading young environmental economists offer a concise, balanced, and highly accessible treatment of one of the most dynamic fields of contemporary scholarship. Here is a book that will serve both as a superb text for an introductory course and an entertaining and effective introduction for a solo reader who wishes to learn about this growing field of inquiry., The niche for this work lies in its emphasis on market intervention in the environment, and Keohane and Olmstead (both Yale) provide an excellent argument for why an economist deserves a seat at the environmental policy table., Offers readers a seamless integration of static and dynamic economic insights for environmental and resources problems; an eminently readable explanation for why economics is central to designing sustainable environmental policies; and a template for understanding the front page environmental issues in the news daily. This is the freshest new textbook we have had in the field of environmental and resource economics for some time.
Illustrated
Yes
Dewey Decimal
333
Table Of Content
Chapter 1. Introduction -Economics and the Environment -Global Climate Change -Organization and Content of This Book -What We Hope Readers Will Take away from This Book Chapter 2. Economic Efficiency and Environmental Protection -Economic Efficiency -Efficiency and Environmental Policy -Equating Benefits and Costs on the Margin -Dynamic Efficiency and Environmental Policy -Conclusion Chapter 3. The Benefits and Costs of Environmental Protection -Measuring Costs -Evaluating the Benefits -Benefit-Cost Analysis -Conclusion Chapter 4. The Efficiency of Markets -Competitive Market Equilibrium -The Efficiency of Competitive Markets -Conclusion Chapter 5. Market Failures in the Environmental Realm -Externalities -Public Goods -The Tragedy of the Commons -Conclusions Chapter 6. Managing Stocks: Natural Resources as Capital Assets -Economic Scarcity -Efficient Extraction in Two Periods -A Closer Look at the Efficient Extraction Path -The Critical Role of Property Rights -Conclusion Chapter 7. Stocks that Grow: The Economics of Renewable Resource Management -Economics of Forest Resources -Fisheries -Conclusion Chapter 8. Principles of Market-based Environmental Policy -Array of Policy Instruments -Market-Based Policies Can Overcome Market Failure -Is It Preferable to Set Prices or Quantities? -Conclusions Chapter 9. The Case for Market-Based Instruments in the Real World -Reducing Costs -Promoting Technological Change -Marked-Based Instruments for Managing Natural Resources -Other Considerations -Conclusions Chapter 10. Market Based Instruments in Practice -The U.S. Sulfur Dioxide Market -Individual Tradable Quotas for Fishing in New Zealand -Municipal Water Pricing -Water Quality Trading -Waste Management: "Pay As You Throw" -Habitat and Land Management -Conclusions Chapter 11. Sustainability and Economic Growth -Limits to Growth? -Sustainability, in Economic Terms -Keeping Track: Green Accounting -Are Economic Growth and Sustainability Compatible? -Conclusions Chapter 12. Conclusion -What Does Economics Imply for Environmental Policy? -The Role of Firms, Consumers, and Governments -Some Final Thoughts
Synopsis
Markets and the Environment is a concise yet comprehensive introduction to a topic of central importance in understanding a wide range of environmental issues and policy approaches. It offers a clear overview of the fundamentals of environmental economics that will enable students and professionals to quickly grasp important concepts and to apply those concepts to real-world environmental problems. In addition, the book integrates normative, policy, and institutional issues at a principles level. Chapters examine: the benefits and costs of environmental protection, markets and market failure, natural resources as capital assets, and sustainability and economic development. Markets and the Environment is the second volume in the Foundations of Contemporary Environmental Studies Series, edited by James Gustave Speth. The series presents concise guides to essential subjects in the environmental curriculum, incorporating a problem-based approach to teaching and learning., Markets and the Environment is a concise yet comprehensive introduction to a topic of central importance in understanding a wide range of environmental issues and policy approaches. It offers a clear overview of the fundamentals of environmental economics that will enable students and professionals to quickly grasp important concepts and to apply those concepts to real-world environmental problems. In addition, the book integrates normative, policy, and institutional issues at a principles level. Chapters examine o the benefits and costs of environmental protection o markets and market failure o natural resources as capital assets o sustainability and economic development Markets and the Environment is the second volume in the Foundations of Contemporary Environmental Studies Series, edited by James Gustave Speth. The series presents concise guides to essential subjects in the environmental curriculum, incorporating a problem-based approach to teaching and learning. Sheila M. Olmstead is assistant professor of environmental economics at the Yale School of Forestry and Environmental Studies. Nathaniel Keohane is assistant professor of economics at the Yale School of Management., 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 Markets and the Environment 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. Readers of the first edition will notice new analysis of cost estimation as well as specific market instruments, including municipal water pricing and waste disposal. Particular attention is paid to behavioral economics and cap-and-trade programs for carbon. Throughout, Markets and the Environment is written in an accessible, student-friendly style. It includes study questions for each chapter, as well as clear figures and relatable text boxes. The authors have long understood the need for a book to bridge the gap between short articles on environmental economics and tomes filled with complex algebra. Markets and the Environment makes clear how economics influences policy, the world around us, and our own lives., Markets and the Environment is a concise yet comprehensive introduction to a topic of central importance in understanding a wide range of environmental issues and policy approaches. It offers a clear overview of the fundamentals of environmental economics that will enable students and professionals to quickly grasp important concepts and to apply those concepts to real-world environmental problems. In addition, the book integrates normative, policy, and institutional issues at a principles level.
LC Classification Number
HC79.E5K422 2007

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item 1 Markets and the Environment [Foundations of Contemporary Environmental Studies S
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item 2 Markets and the Environment (Foundations of Contemporary Environmental St - GOOD
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item 3 Markets and the Environment by Keohane, Nathaniel O.; Olmstead, Sheila M.
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5 out of 5 stars
by thatonehist_83Sep 13, 2024
Great Information
Great Seller. Highly Recommended
Verified purchase: Yes | Condition: Pre-owned
4 out of 5 stars
by hrmysgarspe@del...Feb 12, 2011
Good and easy to read!
Using this book for a UCSD clas ECON 131; it's pretty easy to read and easy to grasp the information. It's got lots of examples, but I wish it did provide more of a math basis.

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