Environmental Economics: In Theory and Practice, Second Edition » (2nd Edition)

Nick Hanley is Professor of Environmental Economics at Edinburgh University.

Jason Shogren is Professor of Economics at the University of Wyoming.

Ben White is Senior Lecturer, School of Agriculture and Resource Economics, University of Western Australia.

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.

List of tables     ix
List of figures     x
List of boxes     xiii
Introduction and acknowledgements     xv
Economy-environment interactions     1
The economics of sustainable development     14
Market failure     42
Incentive design     82
Pollution taxes and tradable emission permits: Theory into practice     131
Transboundary pollution and global public goods     174
Nonrenewable resources: Market structure and policy     214
Nonrenewable resources: Scarcity, costs and externalities     243
Renewable natural resources: The fishery     266
Forestry economics     303
Theory and methods for environmental valuation     322
Risk and the environment     368
Trade and the environment     421
Author index     449
Subject index     454