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Markets and the Environment, Second Edition Author: Nathaniel O. Keohane

ISBN: 9781597260473 Format: Paperback Number Of Pages: 288 Published: 1 August 2007 Country of Publication: US Dimensions (cm): 21.59 x 13.34 x 1.27 Description: 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 writ...

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