Economics and the environment (Record no. 10705)

MARC details
000 -LEADER
fixed length control field 10059nam a22002057a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240805b |||||||| |||| 00| 0 eng d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781119693505
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 333.7
Item number GOO
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Goodstein, Eban S. and Polasky , Stephen
245 ## - TITLE STATEMENT
Title Economics and the environment
250 ## - EDITION STATEMENT
Edition statement 9th ed.
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc. Hoboken
Name of publisher, distributor, etc. Wiley
Date of publication, distribution, etc. 2020
300 ## - PHYSICAL DESCRIPTION
Extent xi, 429p.
Other physical details pbk.
500 ## - GENERAL NOTE
General note https://www.wiley.com/en-us/Economics+and+the+Environment%2C+9th+Edition-p-9781119693505
520 ## - SUMMARY, ETC.
Summary, etc. Now in its ninth edition, Economics and the Environment offers an accessible approach to the latest debates, concerns, standards, and legislation related to contemporary environmental issues. Featuring new and updated content throughout, this student-friendly textbook organizes its discussion around four specific questions — How much pollution is too much? Is the government up to the job? How can we do better? How can we resolve global issues? — to provide an inclusive and highly-engaging examination of environmental economics. <br/><br/>Following a unique four-question format, the text provides an integrated pedagogy that is simpler and more useful than a “topics” approach to the subject. Students are encouraged to discuss the government’s role in environmental policy, the benefits and costs of environmental protection, methods for promoting clean technology and sustainability, global pollution and resource issues, environmental justice and ethics, and more. Throughout the text, illustrative examples and real-world case studies are complemented by end-of-chapter problems and exercises that both strengthen student comprehension and increase retention. <br/><br/>Table of Contents<br/>Preface ix<br/><br/>Introduction 1<br/><br/>1 Four Economic Questions About Climate Change 2<br/><br/>1.1 Introduction 2<br/>1.2 Four Questions 3<br/>1.3 How Much Pollution is Too Much? 6<br/>1.4 Is Government Up to the Job? 11<br/>1.5 How Can We Do Better? 11<br/>1.6 Can We Resolve Global Issues? 14<br/>1.7 Summary 15<br/><br/>Part I How Much Pollution is Too Much?<br/><br/>2 Ethics and Economics 21<br/><br/>2.1 Introduction 21<br/>2.2 Utility and Utilitarianism 22<br/>2.3 Social Welfare 24<br/>2.4 Summary 26<br/><br/>3 Pollution and Resource Degradation as Externalities 29<br/><br/>3.1 Introduction 29<br/>3.2 The Open-Access Problem 31<br/>3.3 The Public Goods Problem 34<br/>3.4 Is Sustainable Business a Solution? 37<br/>3.5 Summary 38<br/><br/>4 The Efficiency Standard 42<br/><br/>4.1 Introduction 42<br/>4.2 Efficiency Defined 42<br/>4.3 Efficient Pollution Levels 45<br/>4.4 Marginals and Totals 48<br/>4.5 The Coase Theorem Introduced 49<br/>4.6 Air Pollution Control in Baltimore: Calculating the Efficient Standard 50<br/>4.7 The Ethical Basis of the Efficiency Standard 52<br/>4.8 Real-World Benefit–Cost Analysis 53<br/>4.9 Summary 56<br/><br/>5 Measuring the Benefits of Environmental Protection 64<br/><br/>5.1 Introduction 64<br/>5.2 Use, Option, and Existence Value: Types of Nonmarket Benefits 65<br/>5.3 Consumer Surplus, WTP, and WTA: Measuring Benefits 65<br/>5.4 Risk: Assessment and Perception 68<br/>5.5 Measuring Benefits I: Contingent Valuation 71<br/>5.6 Measuring Benefits II: Travel Cost 74<br/>5.7 Measuring Benefits III: Hedonic Regression 76<br/>5.8 The Value of Human Life 76<br/>5.9 Summary 79<br/><br/>Appendix 5A: WTA and WTP Redux 83<br/><br/>5A.1: An Indifference Curve Analysis 83<br/>5A.2: The Endowment Effect or Substitutability? 85<br/><br/>6 Measuring the Costs of Environmental Protection 87<br/><br/>6.1 Introduction 87<br/>6.2 Engineering Costs 88<br/>6.3 Productivity Impacts of Regulation 90<br/>6.4 Employment Impacts of Regulation 92<br/>6.5 General Equilibrium Effects and the Double Dividend 97<br/>6.6 A Final Look at Benefit–Cost Analysis 98<br/>6.7 Summary 101<br/><br/>7 The Safety Standard 105<br/><br/>7.1 Introduction 105<br/>7.2 Defining the Right to Safety 105<br/>7.3 The Safety Standard: Inefficient 108<br/>7.4 The Safety Standard: Not Cost-Effective 109<br/>7.5 The Safety Standard: Environmental Justice or Regressive Impact? 110<br/>7.6 Siting Hazardous Waste Facilities: Safety versus Efficiency 112<br/>7.7 Summary 115<br/><br/>8 The Sustainability Standard 119<br/><br/>8.1 Introduction 119<br/>8.2 Sustainability: Neoclassical and Ecological Approaches 120<br/>8.3 Future Benefits, Costs, and Discounting 123<br/>8.4 An Example of Discounting: Light Bulbs 125<br/>8.5 Savings, Investment, and Market Interest Rates 126<br/>8.6 The Social Discount Rate and Dynamic Efficiency 127<br/>8.7 Discounting Climate Change 130<br/>8.8 Ecological Economics, Strong Sustainability, and the Precautionary Principle 131<br/>8.9 Strong Sustainability in Practice: Endangered Species, EIS, and Reach 133<br/>8.10 Summary 135<br/><br/>9 Measuring Sustainability 139<br/><br/>9.1 Introduction 139<br/>9.2 Malthus and Ecological Economics 140<br/>9.3 Modern Debates: Limits to Growth and Planetary Boundaries 142<br/>9.4 Measuring Strong Sustainability: Impacts and Footprints 144<br/>9.5 Measuring Weak Sustainability: Net National Welfare and Inclusive Wealth 148<br/>9.6 Natural Capital Depreciation 152<br/>9.7 Are We Achieving Sustainability? 154<br/>9.8 Discounting, Sustainability, and Investing for the Future 159<br/>9.9 The Ecological–Neoclassical Debate in Context 160<br/>9.10 Summary 161<br/><br/>10 Natural Resources and Ecosystem Services 167<br/><br/>10.1 Introduction 167<br/>10.2 Nonrenewable Resources and the Hotelling Model 168<br/>10.3 Testing the Nonrenewable Resource Model 174<br/>10.4 The Roller Coaster Ride of Oil Prices 175<br/>10.5 Peak Oil? 176<br/>10.6 Renewable Resources 178<br/>10.7 Renewable Resource Policy: Fisheries and Endangered Species 182<br/>10.8 Ecosystem Services and Natural Capital 185<br/>10.9 Summary 188<br/><br/>11 Is More Really Better? Consumption, Welfare, and Behavior 193<br/><br/>11.1 Introduction 193<br/>11.2 Money and Happiness 194<br/>11.3 Social Norms and the Rat Race 195<br/>11.4 Positional Goods and Consumption Externalities 198<br/>11.5 Welfare with Social Consumption 199<br/>11.6 Overconsumption Policy Solutions 201<br/>11.7 Behavioral Economics and Behavior Change 204<br/>11.8 Summary 205<br/><br/>Part II Is Government Up to the Job?<br/><br/>12 The Political Economy of Environmental Regulation 211<br/><br/>12.1 Introduction 211<br/>12.2 The Process of Environmental Regulation 212<br/>12.3 Regulation under Imperfect Information 214<br/>12.4 Bureaucratic Discretion and Political Influence 215<br/>12.5 The Influence Game: Pre-2016 217<br/>12.6 The End of the Bipartisan Concensus 220<br/>12.7 Better Information, More Democracy 225<br/>12.8 Summary 227<br/><br/>13 An Overview of Environmental Legislation 231<br/><br/>13.1 Introduction 231<br/>13.2 Cleaning the Air 232<br/>13.3 The Clean Air Act and Climate Change 235<br/>13.4 Fishable and Swimmable Waters 237<br/>13.5 Hazardous Waste Disposal on Land 239<br/>13.6 Chemicals and Pesticides 242<br/>13.7 Endangered Species Protection 245<br/>13.8 Summary 247<br/><br/>14 The Regulatory Record: Achievements and Obstacles 250<br/><br/>14.1 Introduction 250<br/>14.2 Accomplishments of Environmental Regulation 250<br/>14.3 Monitoring and Enforcement: Political Constraints 254<br/>14.4 The Appeal of Incentive-Based Regulation 257<br/>14.5 Beyond Regulation? Promoting Clean Technology 258<br/>14.6 Summary 260<br/><br/>Part III How Can We Do Better?<br/><br/>15 Incentive-Based Regulation: Theory 267<br/><br/>15.1 Introduction 267<br/>15.2 The Cost-Effectiveness Rule 268<br/>15.3 IB Regulation and Cost-Effectiveness 271<br/>15.4 IB Regulation and Technological Progress 274<br/>15.5 Potential Problems with IB Regulation 275<br/><br/>15.6 Summary 281<br/><br/>Appendix 15A: Imperfect Regulation in an Uncertain World 284<br/><br/>15A.1: Minimizing the Costs of Being Wrong 285<br/>15A.2: An Application to Greenhouse Gas Emissions 287<br/>15A.3: Summary 288<br/><br/>Appendix 15B: Incentive-Compatible Regulation 289<br/><br/>15B.1: Incentives to Lie 289<br/>15B.2: Incentives to Tell the Truth 291<br/>15B.3: Summary 293<br/><br/>16 Incentive-Based Regulation: Practice 294<br/><br/>16.1 Introduction 294<br/>16.2 Lead and Chlorofluorocarbons 295<br/>16.3 Trading Urban Air Pollutants 295<br/>16.4 Marketable Permits and Acid Rain 299<br/>16.5 Carbon Trading in the Northeast and California 302<br/>16.6 Two Failed U.S. Efforts: Mercury and Carbon 305<br/>16.7 The European Emissions Trading System 307<br/>16.8 Pollution Taxes and Their Relatives 309<br/>16.9 Summary 313<br/><br/>17 Promoting Clean Technology: Theory 317<br/><br/>17.1 Introduction 317<br/>17.2 Path Dependence and Clean Technology 318<br/>17.3 Clean Technology Defined 319<br/>17.4 If You’re So Smart, Why Aren’t You Rich? 322<br/>17.5 Picking the Winning Path 325<br/>17.6 Promoting Early-Stage Clean Technologies 327<br/>17.7 Promoting Late-Stage Clean Technologies 329<br/>17.8 Clean Technology: Two Case Studies 332<br/>17.9 Summary 337<br/><br/>18 Energy Policy and the Future 342<br/><br/>18.1 Introduction 342<br/>18.2 Technology Options: Electricity and Heat 342<br/>18.3 Policy Options: Electricity and Heat 351<br/>18.4 Technology Options: Transport 355<br/>18.5 Policy Options: Transport 360<br/>18.6 Summary 364<br/><br/>Part IV How Can We Solve Global Challenges?<br/><br/>19 Poverty, Population, and the Environment 369<br/><br/>19.1 Introduction 369<br/>19.2 Poverty and the Environment 371<br/>19.3 The Population Picture in Perspective 373<br/>19.4 An Economic Approach to Family Size 376<br/>19.5 Controlling Population Growth 377<br/>19.6 Consumption and the Global Environment 381<br/>19.7 Envisioning a Sustainable Future 383<br/>19.8 Summary 385<br/><br/>20 Environmental Policy in Low-Income Countries 388<br/><br/>20.1 Introduction 388<br/>20.2 The Political Economy of Sustainable Development 388<br/>20.3 Ending Environmentally Damaging Subsidies 391<br/>20.4 Establishing and Enforcing Property Rights 392<br/>20.5 Regulatory Approaches 395<br/>20.6 Sustainable Technology: Development and Transfer 399<br/>20.7 Resource Conservation and Debt Relief 401<br/>20.8 Trade and the Environment 406<br/>20.9 Summary 410<br/><br/>21 The Economics of Global Agreements 414<br/><br/>21.1 Introduction 414<br/>21.2 Agreements as Public Goods 415<br/>21.3 Monitoring and Enforcement 416<br/>21.4 The Ozone Layer and Biodiversity 417<br/>21.5 Stopping Global Warming: Theory 421<br/>21.6 Stopping Global Warming: Reality 423<br/>21.7 Summary 425<br/><br/>Selected Websites for Environmental and Natural Resource Economists 429<br/><br/>Author Index I-1<br/>Subject Index I-5
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Economic development--Environmental aspects
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Environmental economics
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Sustainable development
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Book
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
9 (RLIN) 4451
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
9 (RLIN) 2969
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
9 (RLIN) 3412
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    Dewey Decimal Classification     Economics 1176227 31/07/2024 Plaksha University Library Plaksha University Library 05/08/2024 Atlantic Publishers & Distributors (P) Ltd. 1 333.7 GOO 005040 01/02/2025 05/08/2024 05/08/2024 05/08/2024 Book

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