Markets and the Environment, Second Edition by Nathaniel O. Keohane, Paperback, 9781610916073 | Buy online at The Nile
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Markets and the Environment, Second Edition

Author: Nathaniel O. Keohane and Sheila M. Olmstead   Series: Foundations of Contemporary Environmental Studies

Paperback

A concise yet thorough introduction to the economic theory of environmental economics.

This book provides a concise introduction to the economic theory of environmental policy and natural resource management. Nathaniel Keohane and Sheila Olmstead begin with an overview of environmental economics before exploring topics including cost-benefit analysis, market failures and successes, and economic growth and sustainability.

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Summary

A concise yet thorough introduction to the economic theory of environmental economics.

This book provides a concise introduction to the economic theory of environmental policy and natural resource management. Nathaniel Keohane and Sheila Olmstead begin with an overview of environmental economics before exploring topics including cost-benefit analysis, market failures and successes, and economic growth and sustainability.

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Description

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.

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Critic Reviews

“"A well-structured, thoughtful, complete introduction to environmental and resource economics...highly reccommended."”

-- "Choice"

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About the Author

Nathaniel O. Keohane is Vice President at Environmental Defense Fund, where he leads EDF's International Climate program. Sheila M. Olmstead is Associate Professor of Public Affairs at the University of Texas at Austin.

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More on this Book

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.

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Product Details

Publisher
Island Press
Published
5th January 2016
Edition
2nd
Pages
328
ISBN
9781610916073

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RRP $64.23
$49.46
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