Pricing Nature
Cost-Benefit Analysis and Environmental Policy
Published on 31. August 2009
Book
Hardback
360 pages
978-1-84542-789-4 (ISBN)
Description
Cost-Benefit Analysis (CBA) is one of the most useful tools of applied economics for the social appraisal of public projects and government policies. Nick Hanley and Edward Barbier show how CBA can be applied to environmental policy choice and environmental resource management. They cover the conceptual underpinnings of CBA, practical methods for applying CBA, and a wide range of case study applications from Europe, North America and developing countries. Issues such as the value of ecosystem services and the special problems posed for CBA by environmental management are brought into close focus. The textbook is aimed at students on inter-disciplinary courses as well as those studying environmental economics, welfare economics and public policy. It will also be of interest to people in the policy community, NGOs and consultancy sectors.
Reviews / Votes
'An impressive piece of work that deserves to be on every European agricultural economist's bookshelf.' -- Jean-Christophe Bureau, European Review of Agricultural Economics 'This is an excellent text that could be used in specialist academic courses in environmental and natural resource economics, ecological economics and cost-benefit analysis, as well as in interdisciplinary courses in public policy, planning and environmental management.' -- David James, Australasian Journal of Environmental ManagementMore details
Language
English
Place of publication
Cheltenham
United Kingdom
Target group
College/higher education
Dimensions
Height: 234 mm
Width: 156 mm
ISBN-13
978-1-84542-789-4 (9781845427894)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Nick Hanley, University of Glasgow, UK and Edward B. Barbier, Professor of Economics, Senior Scholar, School of Global Environmental Sustainability, Colorado State University, US
Content
Contents: 1. Introduction Part I: The Tools 2. The Theoretical Foundations of CBA 3. Stated Preference Approaches to Environmental Valuation 4. Revealed Preference Methods (1): The Travel Cost Model 5. Revealed Preference Methods (2): Hedonic Pricing 6. Valuing the Environment: Production Function Approaches 7. Discounting and the Discount Rate 8. CBA in Developing Countries: What's Different? Part II: Case Studies 9. Valuing Ecosystem Services 10. Costs and Benefits of Water Quality Improvements 11. Valuing Habitat Protection 12. Cost-Benefit Analysis and Renewable Energy 13. The Strengths and Weaknesses of Environmental CBA Index