Applying economics to the environment
By: Russell, Clifford S
Material type: 



Item type | Current location | Item location | Collection | Call number | Status | Date due | Barcode |
---|---|---|---|---|---|---|---|
Books | Vikram Sarabhai Library | Slot 753 (0 Floor, West Wing) | Non-fiction | 333.7 R8A7 (Browse shelf) | Available | 191131 |
Table of Contents:
CHAPTER 1
WHAT DOES ENVIRONMENTAL ECONOMICS HAVE TO DO WITH THE ENVIRONMENT?
• Some Historical Problems
• Analyses of Causes and Solutions
• Getting Closer to Specifics
• A Sketch of Environmental Policy Choices
• Development and the Environment
• A Concluding Theme
CHAPTER 2
BACKGROUND ON ACTUAL POLICY CHOICES
• A Little History
• Efforts to Deal Legislatively with the Environment in the United States
• The 1970s - A Decade of Environmental Legislation
• Summarizing the Place of Economics in Environmental Legislation in the US
• A Few Comments on International Comparisons and Global Concerns
• Things to Keep in Mind
CHAPTER 3
MICROECONOMICS: REVIEW AND EXTENSIONS
• Demand, Willingness to Pay, and Surpluses; Optimization in Microeconomics
• Supply/Marginal Cost
• Social Welfare Notions: Prices and Optimality
• Notes on Optimization and the Choice of Environmental Policy
• Optimization in Microeconomics
• Reminders
Appendix I - Chapter 3
• Rationality
• Demand Functions and Willingness to Pay
• Time and Uncertainty
• Ignorance of the Future
• Risk and Uncertainty
Appendix II - Chapter 3
• Correcting Market Failures: Is Partial Correction Better Than Nothing?
• Optimizing with Inconveniently Shaped Functions
• When Available Future Decisions are Changed by Present Decisions
CHAPTER 4
AN INTRODUCTION TO THE "ENVIRONMENTAL" PART OF ENVIRONMENTAL ECONOMICS
Functions of the Environment Relevant to Environmental Economics
Models of the Natural World; More About Space, Time, and Randomness
Ignorance
Concluding Comments and Reminders
CHAPTER 5
COST-BENEFIT ANALYSIS AND THE MANAGEMENT OF THE ENVIRONMENT
• Going Beyond the Simplest Optimizing Problem
• A More Formal and Complex Model of the Optimizing Problem
• Doing Less Than Basin-Wide Net Benefit Maximization
CHAPTER 6
DAMAGE AND BENEFIT ESTIMATION: BACKGROUND AND INTRODUCTION
• Practical Arguments
• Ethical Objections and Counter Considerations
• Some Important Misunderstandings about Economics
• Some Possible Bases for Valuing Environmental Goods and Services
• The Heart of the Economic Approach; Benefit "Routes" - A Brief Review
• Conclusions and Reminders
CHAPTER 7
INDIRECT BENEFIT ESTIMATION
• Demand Shifts: Complementarity
• Cost Shifts: Averting, Replacing or Curing Expenditure
• Travel Cost and Its Relation to Environmental Quality
• Comments on Indirect Methods of Benefit Estimation More Generally
• Conclusions and Reminders
CHAPTER 8
DIRECT METHODS OF BENEFIT ESTIMATION
• Strategic Responses; Cognitive Difficulties and Lack of Knowledge
• Some Other Challenges for Direct Questioning Methods
• Conjoint Analysis
• Three Final, Practical Problems
• An Attempt at a Bottom Line on Direct Questioning Techniques
CHAPTER 9
POLICY INSTRUMENTS I: SOME BASIC RESULTS AND CONFUSIONS
• Narrowing Down
• Bases for Judging Among Instruments
• Static Efficiency
• Contrasting the Static and Dynamic Cases
• A Word about Subsidies
• A Summary to This Point
CHAPTER 10
POLICY INSTRUMENTS II: OTHER CONSIDERATIONS AND MORE EXOTIC INSTRUMENTS
Comparing Instruments: Other Considerations
• General Institutional Demands
• Prices, Ethics and Politics in Environmental Policy
• Other Dimensions of Judgement
Beyond Administered Prices and Straightforward Regulations
• Liability Provisions
• The Provision of Information
• Challenge Regulation
• Concluding Comments and Reminders
CHAPTER 11
MONITORING AND ENFORCEMENT
• Characteristics of Various M & E Settings
• Elements of a Monitoring and Enforcement System
• Some Simple Economics of Monitoring and Enforcement
• Monitoring and Compliance as a decision Under Uncertainty
• Conclusions and Reminders
CHAPTER 12
DEALING WITH RISK: THE NORMATIVE MODEL AND SOME LIMITATIONS
• Rational Models for Dealing with Risk
• Cognitive Problems with Risky Decisions
• Some Conclusions
CHAPTER 13
RISK ANALYSIS AND RISKY DECISIONS: SOME APPLICATIONS
• Risk Analysis and Risk Management
• Irreversible Decisions, Ignorance, and the Techniques for Informing Decisions
• Concluding Comments
CHAPTER 14
DEVELOPMENT AND ENVIRONMENT: DESCRIPTIVE STATISTICS AND SPECIAL CHALLENGES
• Trying to Understand Economic Growth and Sustainability
• Describing Countries and Their Health and environmental Problems
• Back to the Question of Special Challenges
• Does Rising Income Lead to Better Environment and Thus to Sustainability?
• Concluding Comments
CHAPTER 15
ESTIMATING ENVIRONMENTAL QUALITY BENEFITS OR DAMAGES IN DEVELOPING COUNTRIES
• Introduction; Benefit Estimation Methods for the Developing Country Setting
• Direct, Hypothetical or "Stated Preference" Methods
• Some Evidence on Contrasts Between Developing and Developed Countries
• Conclusion
CHAPTER 16
CHOOSING INSTRUMENTS OF ENVIRONMENTAL POLICY IN THE DEVELOPING COUNTRY CONTEXT
• The Institutional Setting in Developing Countries
• Are Market-based Environmental Policy Instruments the Best Answer for Developing Countries? Observations and Suggestions
• Some Evidence on the Actual Choices of Environmental Policy Instruments Being Made in Latin America
• Concluding Comments
CHAPTER 17
DEVELOPING COUNTRY ENVIRONMENTS AND OECD COUNTRY TASTES: AN ASYMMETRIC RELATION
• Some Possibilities for Cross-Border Influence;
• Where does That Leave Us?
Distinguished by its breadth of coverage and in-depth discussions of key topics, this book looks at the implications of environmental factors for economic policy-making. As well as chapters on damage and benefit analysis, monitoring and enforcement of environmental regulation, and the special problems of developing countries and the environment, it also includes a review of relevant microeconomic theory, an introduction to the history of environmental policy and legislation, and case studies of approaches to development versus preservation dilemmas and regional cost benefit analysis.
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