Catalogue


Markets and the Environment [electronic resource] /
by Nathaniel O. Keohane, Sheila M. Olmstead.
imprint
Washington, DC : Island Press/Center for Resource Economics : Imprint: Island Press, 2016.
description
XVI, 307 p. 2 illus. online resource.
ISBN
9781610915717 (print), 9781610916080
format(s)
Book
More Details
added author
imprint
Washington, DC : Island Press/Center for Resource Economics : Imprint: Island Press, 2016.
isbn
9781610915717 (print)
9781610916080
standard identifier
10.5822/978-1-61091-608-0
restrictions
Licensed for access by U. of T. users.
contents note
Introduction -- 2. Economic Efficiency and Environmental Protection -- 3. The Benefits and Costs of Environmental Protection -- 4. The Efficiency of Markets -- 5. Market Failures in the Environmental Realm -- 6. Managing Stocks: Natural Resources as Capital Assets -- 7. Stocks that Grow: The Economics of Renewable Resource Management -- 8. Principles of Market-based Environmental Policy -- 9. The Case for Market-Based Instruments in the Real World -- 10. Market Based Instruments in Practice -- 11. Sustainability and Economic Growth -- 12. Conclusion.
abstract
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 this book 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.
catalogue key
10589337

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