Book Description
Environmental Economics is the first text that concentrates solely on environmental economics--the problems of earth, air, and water pollution--with an emphasis on both government and regulation and private-sector anti-pollution incentives. It assumes a knowledge of intermediate microeconomics; therefore, basic economics is not reviewed in this book as it is in others. The book is divided into four primary sections: the first section defines the field of environmental economics in relation to general economics and to ecological and resource economics; the second section looks at market failure and considers why, even with apparent environmental protection, the market often fails to work properly; the third section examines government regulation of pollution using the industrial organization literature; and the final section looks at the demand for environmental quality, covering both revealed preference and stated preference methods. Because of global interest in environmental economics, this text includes many international examples and places special emphasis on the way countries around the world approach and control their own environmental problems. Environmental Economics is ideal for undergraduate and beginning graduate courses in environmental economics. ... Read more

Customer Reviews (4)

So So
Purchased for an Eviro Econ Course.Book covers most topics, weak on valuation.Full of typos.Discussion of many topics very convoluted.Not an easy read.

great customer service from amazon
i ordered this book for a class, but the class ended up being cancelled so i returned the book since i didn't need it anymore. the return process was simple and amazon credited the money back to my account very quickly. very good service!

Great introduction to Environmental Economics .
Actual rating - 4.5 stars .

I read this book as a must-read for the Environmental Economics course I had taken in the beginning of the last semester . I think this book is a great choice for students that are interested in this topic . Myself , I didn't know what to expect in the beginning of the course , but it turned up to be a surprisingly interesting and important issue - with the good help of this book .

I have to say that I've learned a lot from reading this book , and it has been a pleasant experience too . Professor Kolstad has really accomplished a commendable achievement in writing a fluent , methodical , thorough and interesting book about Environmental Economics , nearly everyone who wishes to , can read and understand .

I say it as a student who hasn't read other works on the subject , but nevertheless , feels this book has many pluses as an introduction to this subject :

- The author , in spite of announcing it is a book for persons that have taken an Intermediate Microeconomics courses , makes far-reaching efforts to explain nearly every statement he proclaimed . This is a good feature students can use for reviewing forgotten material , deleting the need to use more fundamental books for understanding .

- Significant number of chapters includes a small use of mathematic tools . This fact is of considerable help for the layman , who is interested in expending horizons and lacks the necessary mathematical skills .

I believe the following points characterize many tutorials , but it's important to note them anyway;

- Every figure the author uses is accompanied with detailed explanations that enhance the reader's ability to understand the sketch and the whole subject while at it .

- Every chapter includes an introduction and a summery . The first connects the chapter to the previous one , and assists in grasping the place it takes in the big picture of things , while the second one summarize the major issues dealt with . This functions organize the material and construct an understandable structure of knowledge .

- One last thing , that consists an advantage constructed with disadvantage is the appearance of questions and problems in the end of each chapter , in the obvious order to help you check out your understanding , but with the irritating absence of answers and solutions (!) . What's the point in composing personal examinations without any achievable , certified solutions ? How can I know I am right ? I recommend authors to annex a booklet/extra pages with the correct answers , along with a full description of the way to the solution plus explanations - if you include such a tutorial tool in your book - do it right .

Excluding the last disadvantage , I'm most pleased with this book , and would recommend it for anyone who is interested in environment and its protection problems

complete and comprenhensive
This book is more than a simple overview of the wide environmental economics world, since it embraces the subject in a clear, comprenhensive but in-depth enough to get a very good picture of it. ... Read more

Book Description
Twenty-one chapters covering Cost and Benefits of Environmental Policy, Environmental Analysis, Policy Analysis, US Policy (Air Pollution, Toxic Wastes, State and Local Issues), and International Environmental Issues. ... Read more

Customer Reviews (2)

environmental economics
Learn how our environmental regulations really impact our economy and what the true cost of clean up is.

Excellent Intro to Environ reesource economics
This book holds an excewllent treatment of the range and focus of topics which fall under the environmental resource economics realm.The author addresses both the fundamentals and advanced social concepts mixed withexcellent examples of the economic principles which resource managers mustmake during the policy process and the inherent problems these policiespresent.A must read for anyone interested in working in the publicsector. ... Read more

Customer Reviews (4)

Excellent Introduction to EE concepts
Tietenberg is a big player in evironmental economics, and clearly lays out the fundamentals of environmental and natural resources economics accessible to those without significant economics training.

Out of Date
The book is hopelessly out of date. Although it carries a 2003 publication date, it still refers to the USSR and Czechoslovakia in the present tense. It consistently refers to studies done in the 1980s as recent and less than 25% of the examples, charts. etc. use data from 1990 or later. For example, only 5 out of 37 references in the chapter on Economic Justice are more recent than 1990, and the most recent is 1994. This is typical of just about every chapter. One gets the feeling that the publisher never reviewed this revided edition.

Good for Graduate School
I used this book for graduate school.Its a textbook and little more.But, it is a well written textbook.

good
goo ... Read more

Book Description

Environmental and Natural Resource Economics engages students in standard economic theory through the lens of environmental issues such as global climate change and overpopulation. This broad, balanced approach combines traditional microeconomic analysis with a detailed examination of macro-level ecological problems that require local, national, and global policy solutions.

The Second Edition includes new appendices, updated case studies, and the inclusion of current economic data. Numerous examples, graphs, key terms, and end-of-chapter questions help students review and assimilate core concepts.

Book Description

Customer Reviews (2)

two thumbs up for this seller
this was a really good experience.... stress free purchase. I ordered on a Wednesday, and it arrived on a Friday, provided that I did order from an IN-State seller. there was no damage to the item; and the price of a new one was better than the used prices. I'm just happy I got such a good deal.

Accessible book but out of date
This book's strength is that it covers many important topics in an accessible fashion. However, the 2004 copyright date is very misleading. Many parts of the text, examples, and references were current as of 1980, i.e., before the birth of most students who are using the book! The many precise dollar amounts of costs and benefits rarely indicate whether the reference is to, say, 1975 dollars or 1992 dollars. Throughout the book are phrases like "recently" and "now" that actually refer to developments decades ago.

The author is a respected scholar in the field. In my view he should be embarrassed to supply a "new" edition as hopelessly dated as this one. Readers can save money by buying a used copy of an older edition--they won't be missing much. ... Read more

Customer Reviews (1)

A Good Book!
I first met the book in the uni library. Having been teaching natural resources and environmental economics, I find this intermediate textbook with is useful and worthy of recommendating for those postgraduates whohave strong interests in theoretical exploration. Since almost alltextbooks in the market are elementary and are not suitable for theadvanced readers, this book with new approaches has been increasingly usedin the uni. However, this book does not pay enough attention toenvironmental policy. This should be considered by the authors when thethird edition is composed. ... Read more

Book Description
Succed in economics with, ENVIRONMENTAL ECONOMICS AND MANAGEMENT: THEORY, POLICY AND APPLICATIONS. Learn to use economic analytical tools such as market models, benefit-cost analysis, and risk analysis to assess environmental problems and to evaluate policy solutions. Margin definitions and internet links help you master the terminology and offer updates and information beyond the text. ... Read more

Book Description
In its fifth edition, Economics and the Environment provides a rigorous and comprehensive presentation of the "standard analysis," including the property-rights basis of environmental problems, efficient pollution control, benefit-estimation procedures, and incentive based procedures. Broader topics such as the ethical foundations of environmental economics, an introduction to ecological economics, a safety-based approach to controlling pollution, the economic critique of growth, the potential for government failure, the promotion of "clean technology," and opportunities for sustainable development in poor countries are all covered throughout the text. ... Read more

Customer Reviews (3)

Highly Recommended for Understanding Environmental Issues
How much pollution is too much? What role should government play in regulating the environment? Will "clean technology" lay the foundation for a sustainable future? These are the questions students of environment issues are posed with.

To help readers understand the far-reaching implications of environmental and resource economics, this text examines a broad range of topics in environmental economics. It presents "standard analysis," as well as in-depth treatment of important issues at the cutting edge of environmental policy debates.

The focus is on equipping readers with the tools necessary to analyze current environmental issues as an economist would.

In keeping with the philosophy of incorporating examples directly in the text, this book begins with a detailed case study of a "big issue" with which many students are familiar-global warming.

Other issues covered in a rigorous and comprehensive manner include the property-rights basis of environmental problems, benefit estimation techniques and benefit-cost analysis, incentive-based regulation, and sustainable resource use.

The Second Edition retains the three interrelated advantages of its predecessor-(1) broad content, (2) pedagogical clarity, and (3) timely, well-integrated examples-while incorporating major reorganizations, additions and updates aimed at enhancing learning and reflecting the most up-to-date information available.

Following the Introduction, this text centres around four focussed questions:

Part I: How Much Pollution is Enough? Part II: Is Government Up to the Job? Part III: How Can We Do Better? Part IV: Can We Resolve Global Issues?

Using these questions as guidelines, author Eban S. Goodstein develops the economic tools students need to explore solutions to environmental problems. In the process, the book covers a wealth of current examples, from global warming, to population growth, to urban air pollution and energy policy, to chemical regulation and landfill siting.

Part V covers four advanced topics: The Importance of Being Convex, Imperfect Regulation in an Uncertain World, Input-Output Models and Life-Cycle Analysis and Incentive-Compatible Regulation.

As this text addresses important questions raised in contemporary (and future) society and introduces readers to the economist's view of some solutions, it is highly recommended for students taking courses in environment management, environmental and resource economics, and environmental studies. Ideally, students would have undertaken a course in microeconomics or intermediate microeconomics as a prerequisite.

Reviewed by Azlan Adnan. Formerly a Research Officer with the Malaysian Timber Council's London office and Business Development Manager with KPMG's Kuala Lumpur office, Azlan holds a Master's degree in International Business and Management from the Westminster Business School.

### 411 words ###

Letters from Students
Date: Thu, 26 Aug 1999 15:55:19 -0500 From: C.N.Gomersall To: eban@lclark.edu Subject: student evaluations of your text Eban, I'm the fellow who asked you about the double dividend issue last spring, when I was using your text in my class on environmental economics. As we both gear up for next semester, Ithought I'd send you the results of my request, during that course lastspring, for (anonymous) evaluation of the text on the part of my students.(I survey most of my classes this way, though never with this kind ofresult; on the contrary, students are often rather cutting.)I'm includingevery word from every student. (1) I like this book. I think it hasgood chapter layouts and is great with examples. The examples also make thetext more interesting to read. (2) I like the text. I think it isvery straightforward and clear. It does a very good job of organizing whatis important and what is needed to understand some of the issues. (3)Goodstein's text, in my opinion, is valuable. It moves away from the strict"Friedman approach." It shows different sides of the argumentspresented and is fairly detailed. (4) Goodstein's book is excellent,one of the best textbooks I used in college. Its best attribute is the manyexamples given, they also help in the learning process. (5) Excellentbook. Well written and uses great examples. He ties in human with the welldescriptive topics. [This sentence was hard to read.]

(6) Goodstein'stext has been very well written and easy to use. (7) Goodstein does agood job of writing this text. Sometimes it is a bit dry and the chapterstake a long time to read. Overall, though, this is a good text for thisclass and a good learning tool. (8) I think the Goodstein text does apretty good job of writing at a level that we can interpret. I also likehis summaries of the chapters, and pointing out of important topics in eachsection. (9) Good book. Interesting to read. (10)Goodstein isgood at getting his point across. It seems to me that much in his book isrepetitive, though. It is difficult though to talk about this subjectwithout being repetitive. Overall Goodstein does [a] good job, especiallywith examples. (11)Goodstein as such has been a good selection forthe text. He explains a lot of new material in a manner geared towards hisprimary audience, the students. I think he has done a good job. (12) The Goodstein book is excellent, in my opinion. It seems very unbiased,especially considering the possibilities of either being slanted toward theenvironment or the other way [sic]. It presents a lot of informationwithout being too technical and overwhelming those of us who haven't hadmuch economics with graphs and other "economic tools." And yes,I liked it too. (signed) Nick Gomersall

_________________________________________________________ C.N.Gomersallgomersni@luther.edu Associate Professor of EconomicsLuther College, Decorah, Iowa, U.S.A.

Highly Recommended for Students of Environmental Issues
How much pollution is too much? What role should government play in regulating the environment? Will "clean technology" lay the foundation for a sustainable future? To help students understand thefar-reaching implications of environmental and resource economics, thistext examines a broad range of topics in environmental economics. Itpresents "standard analysis," as well as in-depth treatment ofimportant issues at the cutting edge of environmental policy debates. Thefocus is on equipping students with the tools necessary to analyze currentenvironmental issues as an economist would.

In keeping with thephilosophy of incorporating examples directly in the text, this book beginswith a detailed case study of a "big issue" with which manystudents are familiar-global warming. Other issues covered in a rigorousand comprehensive manner include the property-rights basis of environmentalproblems, benefit estimation techniques and benefit-cost analysis,incentive-based regulation, and sustainable resource use.

The SecondEdition retains the three interrelated advantages of its predecessor-(1)broad content, (2) pedagogical clarity, and (3) timely, well-integratedexamples-while incorporating major reorganizations, additions and updatesaimed at enhancing learning and reflecting the most up-to-date informationavailable. Following the Introduction, this text centres around fourfocussed questions:

Part I: How Much Pollution is Enough? Part II: IsGovernment Up to the Job? Part III: How Can We Do Better? Part IV: Can WeResolve Global Issues?

Using these questions as guidelines, the authordevelops the economic tools students need to explore solutions toenvironmental problems. In the process, the book covers a wealth of currentexamples, from global warming, to population growth, to urban air pollutionand energy policy, to chemical regulation and landfill siting.

Part Vcovers four advanced topics: The Importance of Being Convex, ImperfectRegulation in an Uncertain World, Input-Output Models and Life-CycleAnalysis and Incentive-Compatible Regulation.

As this text addressesimportant questions raised in contemporary (and future) society andintroduces readers to the economist's view of some solutions, it is highlyrecommended for students taking courses in environment management,environmental and resource economics, and environmental studies. Ideally,students would have undertaken a course in microeconomics or intermediatemicroeconomics as a prerequisite.

Formerly a Research Officer with theMalaysian Timber Council's London office and Business Development Managerwith KPMG's Kuala Lumpur office, Azlan Adnan is currently Managing Partnerof Azlan & Koh Knowledge and Professional Management Group, aneducation and management consulting practice based in Kota Kinabalu. Heholds a Master's degree in International Business and Management from theWestminster Business School. ... Read more

Book Description
This innovative, cutting-edge book takes a hands-on approach to the origins of environmental problems, their economic consequences, and the policies that address them.Economic Approach to Environment and Natural Resources with Economics presents environmental economic theory and methods in the first five chapters and then applies and reinforces them with illustrations and applications in the subsequent chapters.No other book provides a stronger link between theory and applications. ... Read more

Customer Reviews (1)

The Economic Approach to Environmental and Natural Resources
While getting a little long in tooth, this text is an excellent introduction to environmental economics. Unlike many texts in this area, the methodology used in this text is quite similar, although less mathmatically rigorous, to presentations used in graduate studies. ... Read more

Book Description
By retaining a strong focus on policy and real-world issues, Environmental Economics and Management: Theory, Policy and Applications, provides an applied, practical approach to environmental economic theory accessible to students with minimal or more advanced economic exposure.The text has a modular structure, which not only organizes the presentation, but also provides a format that allows instructors flexibility and preference in designing material for the course.The presentation does not compromise economic theoretical concepts, but it does complement economic theory with timely, real-world applications. This text is intended to give undergraduate and MBA students a clear perspective of the relationship between market activity and the environment.The text integrates the business perspective in the development of environmental decision-making - a vantage point often overlooked in more conventional treatments. The general approach uses economic analytical tools such as market models, benefit-cost analysis, and risk analysis to assess environmental problems and to evaluate policy solutions. ... Read more

Book Description
The second edition of Environmental Economics has been fully updated and revised to take into account recent developments relating to the relationship between economics and the environment. New chapters on environmental risk, trade and the environment, and ecosystems and economics contribute to the stimulating analysis offered in this timely new edition. ... Read more

Product Description
Environmental Economics and Natural Resource Management offers a wealth of policy applications, visual aids, and carefully crafted explanations to provide an unrivaled exposure to environmental economics.The second edition is up to date and caters to visual learners with full-color graphs, diagrams, and over 70 color images. ... Read more

Book Description
By retaining a strong focus on policy, Environmental Economics and Management: Theory, Policy, and Applications, 2/e provides an applied, practical approach to environmental economic theory accessible to students with small or vast economic knowledge. The textbook presents a broad study of environmental issues and explores economic theories to reinforce the lessons. Offering a long-lasting understanding of real-world environmental problems and policy solutions, Callan and Thomas provide a strong foundation for the environmental managers of tomorrow. ... Read more

Book Description
Environmental economics is well established as a field, and increasingly in demand as a course following the prominence of environmentally conscious leaders, the publicity of global environmental threats, and the growing debate over legislation that pits the environment against income and economic growth.Author David Anderson offers a comprehensive, applied, policy-oriented text to provide students with a solid economic foundation that will allow them to better evaluate the pressing environmental issues.Environmental Economics is designed for the undergraduate course for economic majors or non-majors who have had a principles of microeconomics course.The mathematics in the text is algebra-based.This text is distinguished from others by the strong visual presentation, tightly crafted explanations, and carefully selected examples that spark interest without sacrificing content.Also unique to this text, Anderson emphasizes the role of ethics in a chapter on morals and motivation, and presents key aspects of related decision-making throughout. ... Read more

Customer Reviews (1)

Economics isn't just about money!
"Economics is the study of how scarce resources are allocated among competing uses."- Steven Hackett starts with the basics, perhaps recognizing that many readers (like this reviewer)have a limited, if not non-existent level of knowledge of a subject that controls our lives.Contrary to widespread opinion, economics is not the dismal science, and neither is it an esoteric exercise that is limited to the likes of Alan Greenspan.Hackett's definition of scarcity is similarly enlightening as his definition of economics - "something is said to be scarce when, at a zero price, more is wanted than is available."So most things are scarce, and everyone makes economic decisions about allocating scarce resources, whether or not those allocation decisions involve money and market transactions. From those basic definitions and more, Hackett proceeds to explain and expand upon the value systems and the allocation decisions that we make as individuals and as a society.As the title implies, "Environmental and Natural Resource Economics" concentrates on the decisions that are made about the use of natural resources, including wilderness, forests, minerals, and fisheries. He also discusses pollution and the options for controlling pollution, including market mechanisms for pollution reduction.Sustainable development is a major theme of the book and Hackett explains a variety of approaches to sustainability.For anyone who wants more than an emotional opinion on the environment and the choices that society must make in its use of the environment, Steven Hackett provides a readable and valuable introduction to a subject of critical importance. ... Read more

Book Description
Economic growth as we know it today cannot persist indefinitely if it entails continuous degradation of natural resources and the environment. While in a few countries around the world it appears that environmental degradation has been the result of rapid economic growth, in the vast majority of the developing countries the environment has been equally spoiled despite slow or even negative economic growth. This book provides new insights on the common roots of economic stagnation, poverty and environmental degradation which, unfortunately, generally reside in misguided government policies and priorities. By doing this, the volume seeks to provide a broader policy option framework than those found in conventional policy analyses, mainly dominated by the "Washington Consensus". It shows that a major omission of the conventional view is that governments tend to allocate government expenditures in a biased way favouring subsidies to the economic elites to the detriment of investments in public goods, including human capital, RandD, as well as the development of institutions (environmental and otherwise), which are vital for long run growth, poverty reduction and environmental sustainability. ... Read more

Customer Reviews (2)

Leading edge overview of conventional environmental economics
The authors of this book worked hard to bring together various threads of research and investigation around environmental economics. Unfortunately the environment of neo liberal economics they use as a vantage point is not transformed and the book fails to make significant changes to the status quo. While not disparaging its value and contribution I would recommend readers consider reading books on ecological economics, a field which makes a more fundamental analysis of the of the relationship of economics and the environment. As for the nature of sustainable development the social inequality dimension can perhaps best be explained by authors like Naom Chomsky and Vandana Shiva.

Sustainable Solutions!
This is an excellently timed book. Issues related to the environment make regular appearances today in the news, in novels, even in children's movies. Yet so often the focus remains on the specific problems we're facing, such as global warming or the death of the oceans, with less attention paid to the very real need for solutions. Economics Development and Environmental Stability does an excellent job of redressing that gap.

It is worth noting that this book gives equal weight to the environmental issues that come along both with economic growth, and in the absence of it. Economic development is therefore faced with two interrelated problems: how do successful countries continue to grow without also continuing to harm the environment, and how can developing countries grow in a healthier, more sustainable fashion than the industrialized world did. Economic Development and Environmental Stability points out the important role government has played in the creation of these problems, and the just as important role it must play in working towards their solution.

Starting with a general overview of the economic and environmental issues to be addressed, this book goes on to address specific environmental issues such as clean water, clean air, and energy. It offers solid economic analysis, and shows clearly where governments can and should step in to redress market failures. The book is clearly written and well edited, presenting a number of papers which taken together offer a broad picture of the interaction between economic development and the environment. I cannot recommend this book highly enough to anyone who, having heard all the bad news, is looking for solutions.
... Read more

Book Description
Winner of the 2004 Lynton Keith Caldwell Award presented by the Science, Technology, and Environmental Politics section of the American Political Science Association (APSA)

In this book David Driesen shows in detail how the concept of economic dynamics can reshape thinking about environmental law and policy. He argues that environmental policymaking in the United States has been poorly served by the dominant, static view of the relationship between environmental regulation and the economy, technology, and business. Basing public policy on the concept of economic efficiency, he claims, warps our sense of what is necessary and achievable in environmental lawmaking.

According to Driesen, environmentally beneficial technological innovation would be a more effective public policy goal than economic efficiency because it could better keep pace with private-sector innovations that create new forms of pollution and resource destruction. His arguments provide a corrective to the free-market and cost-benefit analysis approaches common to most proposals for regulatory reform. Those who believe that environmental law should focus on economic efficiency assume that efficiency and innovation coincide. But static efficiency may detract from, rather than stimulate, creativity in the real world. Cost-benefit analysis may discourage innovation by adding delay and uncertainty to government decisions. Economic incentives such as emissions trading may facilitate better use of existing techniques rather than bring about fundamental changes in technology. Driesen suggests ways that the regulatory system could better foster environmentally beneficial technological innovations. Using the theory of economic dynamics, he discusses privatizing environmental law, reforming administrative and international legal processes, and improving regulation design. He also explains the significance of economic dynamics for legal theory in general. ... Read more

Customer Reviews (1)

Very well written.Ties the theory to real policy
This book presents environmental economics in a real way.All of the theory is there, but in every case the authors always ground the theory in actual policy decisions.They also really stress the importance ofdefining policy goals, so as to get the right policies.

The chapter onglobal warming at the end of the book is the best concisesummary/explanation of the issues and policy choices I have read.

Anyonewho wants to get a better understanding of environmental economic issueswill be well-served by reading this book.Some of the material is hard,but the authors always point that out, and explain WHY it's hard.Ithought that was a nice touch. ... Read more

Book Description
With climate change now clearly on the horizon, the imperative of sustainability is starting to transform the world's capital markets. Already billions of dollars, pounds, euro and yen are being managed with a view to environmental, social and governance factors. Evolving out of the ethical, socially responsible investment (SRI) and responsible investment waves, sustainable investment involves the conscious integration of extra-financial factors into strategies for generating long-term financial returns. In essence, sustainable investment is fast becoming the smart way of generating long-term returns. With conventional investors now scrambling to factor in issues such as climate change, business ethics and human rights, sustainable investment represents a turning point in the evolution of global finance.

Written by international leaders in SRI, ethical and sustainable investment from Wall Street and the City, this accessible, fast-moving, information-packed book covers the full breadth and depth of sustainable investment. Topics include a thorough explanation of sustainable investment, its history, evolution and mainstreaming; how to select sustainable companies and investments including screening criteria, indices and indicators; investment analysis and performance; the changing corporate landscape towards Corporate Social Responsibility (CSR) and environmental sustainability; and changes in capital markets. A final section looks at future risk, and the possibilities for sustainable investment to actually encourage corporate survivalas well as potential investor returns going forwardin this era of pending climatic change. Invaluable reference sections provide further information including: a fluency guide to terms and acronyms such as SRI and Cleantech, key international initiatives for corporate sustainability, international rating agencies, a directory of SRI funds and firms, sustainability indices on the DOW and FTSE and more.

The is the essential insider guide for thoughtful investors, fund managers, business leaders and consultants seeking to lead the front end of the sustainability curve for both superior returns and a positive constructive future in this new era of climate and global environmental change. ... Read more