With over 25% new material, this new edition of Environmental and Natural Resources Economics offers an accessible and balanced treatment of economic theory and policy relating to the environment, as well as a thorough overview of the economics of sustainability. Intended for both students and practioners, the book has been completely updated to include discussion and analysis of the latest U.S. and international environmental policy initiatives -- such as the Kyoto Protocol--and how they affect the global economy. Fully-integrated web source linkages have also been added throughout to enable all readers to make better use of the book's own website and a myriad of other available internet resources for research and supplemental reading on this crucial subject
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PART I. THEORY AND FUNDAMENTALS 1. Introduction to Environmental and Natural Resources 2. Value Systems and Economic Systems 3. The Economics of Market Allocation 4. Externalities, Market Failures, and Policy Interventions 5. The Economics of Natural Resource Systems PART II. POLICY 6. Measurement and Analysis of Benefits and Costs 7. The Political Economy of Environmental Regulation and Resource Management 8. Motivating Regulatory Compliance: Monitoring, Enforcement, and Sanctions 9. Incentive Regulation: Economic Instruments for Environmental Protection and Resource Management 10. Global Climate Change: Uncertainty, Irreversibility, and Long-Term Policy Making Part III. Issues in the Economics of a More Sustainable Society 11. Introduction to the Sustainability Perspective 12. Recognizing Interdependencies and Thinking Long Term 13. Sustainable Economic Development 14. Issues in Sustainable Production and Consumption 15. Issues in the Economics of Sustainable Local Communities
Book by Hackett Steven C
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