Resource Economics
An Economic Approach to Natural Resource and Environmental Policy
Alan Randall(Author)
Wiley (Publisher)
2nd Edition
Published on 1. May 1987
Book
Hardback
448 pages
978-0-471-87468-3 (ISBN)
Description
This revised volume on resource and environmental policy features extensive treatment of welfare economics and market failure concepts, project evaluation, investment theory, land markets, the allocation of exhaustible and biological resources, and environmental quality issues. Its policy orientation links economic theory with the "real world" of interest-group politics. This edition introduces the concepts of scarcity and growth with definitions of resource types and project evaluation.
More details
Edition
2nd Revised edition
Language
English
Place of publication
New York
United States
Publishing group
John Wiley and Sons Ltd
Target group
College/higher education
Edition type
Revised edition
Illustrations
index
Dimensions
Height: 243 mm
Width: 161 mm
Weight
822 gr
ISBN-13
978-0-471-87468-3 (9780471874683)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Content
NATURAL RESOURCE AND ENVIRONMENTAL POLICY: THE CHALLENGE TO ECONOMISTS. Economic Growth, Resource Scarcity, and Environmental Degradation. Cornucopia or Catastrophe. Resources and Policy. ALLOCATION, DISTRIBUTION AND ECONOMIC WELL-BEING: ECONOMIC POLICY FOR RESOURCES POLICY. Economic Coordination and the Price System. Economic Efficiency. Criteria for Economic Policy. Property Rights, Efficiency and the Distribution of Income. Sources of Inefficiency. RULES OF THE GAME: THE INSTITUTIONAL FRAMEWORK. The Loci of Economic Decision Making. Some Important Legal Concepts. Natural Resources and the State: Legislative and Judicial Processes as They Apply to Natural and Environmental Resources. PROJECT AND PROGRAM EVALUATION. Benefit Cost Analysis. Benefit Cost Analysis in a Limited-Information Environment. APPLICATIONS. Intertemporal Allocation I: Exhaustible Resources. Demand and Supply of Fossil Fuels. Intertemporal Allocation 2: Biological Resources. Land Markets. Land Use Policy. The Control of Polluting Emissions. The Siting of Locally Obnoxious Facilities. Water Resources Projects: The Case of the Tellico Dam and Reservoir Project. Conservation and Preservation. Epilog. Index.