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Markets and the environment /

Keohane, Nathaniel O.,

Markets and the environment / by Nathaniel O. Keohane, Sheila M. Olmstead. - Second edition. - 1 online resource (xvi, 307 pages) : illustrations - Foundations of contemporary environmental studies . - Foundations of contemporary environmental studies. .

Includes bibliographical references (pages 267-296) and index.

Introduction -- 2. Economic Efficiency and Environmental Protection -- 3. The Benefits and Costs of Environmental Protection -- 4. The Efficiency of Markets -- 5. Market Failures in the Environmental Realm -- 6. Managing Stocks: Natural Resources as Capital Assets -- 7. Stocks that Grow: The Economics of Renewable Resource Management -- 8. Principles of Market-based Environmental Policy -- 9. The Case for Market-Based Instruments in the Real World -- 10. Market Based Instruments in Practice -- 11. Sustainability and Economic Growth -- 12. Conclusion.

A clear grasp of economics is essential to understanding why environmental problems arise and how we can address them. So it is with good reason that this book has become a classic text in environmental studies since its first publication in 2007. Now thoroughly revised with updated information on current environmental policy and real-world examples of market-based instruments, the primer is more relevant than ever. The authors provide a concise yet thorough introduction to the economic theory of environmental policy and natural resource management. They begin with an overview of environmental economics before exploring topics including cost-benefit analysis, market failures and successes, and economic growth and sustainability.

9781610916080 1610916085

10.5822/978-1-61091-608-0 doi

com.springer.onix.9781610916080 Springer Nature

GBB8O1832 bnb

019127379 Uk


Conservation biology.
Ecology.
Nature conservation.
Environmental economics.
BUSINESS & ECONOMICS--Real Estate--General.
Environmental economics.
Conservation of the environment.
The environment.
Conservation biology.
Ecology.
Environmental economics.
Nature conservation.


Electronic books.

HC79.E5

333.7