Environmental and Natural Resource Economics » (8th Edition)

Tom Tietenberg is the author or editor of eleven books (including Environmental and Natural Resource Economics, Eighth Edition, and Environmental Economics and Policy, Fifth Edition), as well as over one hundred articles and essays on environmental and natural resource economics. After receiving his PhD in economics from the University of Wisconsin at Madison in 1971, Tietenberg was elected President of the Association of Environmental and Natural Resource Economists (AERE) in 1987. He has consulted on environmental policy with the World Bank, the InterAmerican Development Bank, the Agency for International Development, and the Environmental Protection Agency, as well as several state and foreign governments. In 1992, Tietenberg spoke at the first Earth Summit in Rio de Janeiro, Brazil, and has lectured on sustainable development at many other conferences around the world. In 2006, he was designated one of six inaugural AERE Fellows. He is currently the Mitchell Family Economics Professor at Colby College, where his research focuses on the design and evaluation of economic incentive mechanisms for environmental protection and tradable permit systems for pollution control and fisheries management.

Lynne Lewis is Chair of the economics department at Bates College where she teaches microeconomics, environmental economics, natural resource economics, and valuation. Lewis received her PhD in economics from the University of Colorado in 1994 after finishing a two-year dissertation fellowship at the Environmental and Societal Impacts Group at the National Center for Atmospheric Research. Her dissertation received the Universities Council on Water Resources (UCOWR) Dissertation Award in 1995. Currently, she is working on a research grant focused on valuing the potential benefits from dam removals and river restoration. She has also worked extensively on the economics of transboundary water resources, tradable permits for pollution control and the valuation of environmental amenities and disamenities within watersheds and coastal zones. She currently serves on the Board of the Natural Resources Council of Maine, the Penobscot River Science Steering Committee, and the Advisory Board of Mitchell Center for Environment and Watershed Research. She received the Friend of UCOWR award in 2005.

Environmental and Natural Resource Economics, 8/e takes a policy-oriented approach, introducing economic theory in the context of debates and empirical work from the field. Students leave the course with a global perspective of both environmental and natural resource economics.

Visions of the Future; Valuing the Environment: Concepts; Valuing the Environment: Methods; Property Rights, Externalities, and Environmental Problems; Dynamic Efficiency and Sustainable Development; The Population Problem; The Allocation of Depletable and Renewable Resources: An Overview; Energy: the Transition From Depletable to Renewable Resources; Recyclable Resources: Minerals, Paper, Bottles, and E-Waste; Replenishable but Depletable Resources: Water; Land; Reproducible Private-Property Resources: Agriculture; Storable, Renewable Resources: Forests; Common-Pool Resources: Fisheries and Other Commercially Valuable Species; Economics of Pollution Control: An Overview; Stationary-Source Local Air Pollution; Regional and Global Air Pollutants: Acid Rain and Atmospheric Modification; Mobile-Source Air Pollution; Water Pollution; Toxic Substances; Environmental Justice; Development, Poverty, and the Environment; The Quest for Sustainable Development; Visions of the Future Revisited.

For all readers interested in environmental and natural resource economics.

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An introduction to the study of environmental and natural resource economics, designed to be accessible to students who have completed a two-semester introductory course in economics or a one-semester introductory microeconomics course. Treats intertemporal optimization within a discrete-time, mathematical programming framework, relegating mathematics beyond simple algebra to appendices, and includes exercises, answers, and discussion questions. This fourth edition continues the trend toward a more international focus, and adds a chapter on environmental justice. Annotation c. Book News, Inc., Portland, OR (booknews.com)

1 Visions of the Future 1

2 Valuing the Environment: Concepts 14

3 Valuing the Environment: Methods 34

4 Property Rights, Externalities, and Environmental Problems 65

5 Dynamic Efficiency and Sustainable Development 92

6 The Population Problem 108

7 The Allocation of Depletable and Renewable Resources: An Overview 134

8 Energy: The Transition from Depletable to Renewable Resources 156

9 Recyclable Resources: Minerals, Paper, Bottles, and E-Waste 192

10 Replenishable but Depletable Resources: Water 215

11 Land 243

12 Reproducible Private-Property Resources: Agriculture 267

13 Storable, Renewable Resources: Forests 296

14 Common-Pool Resources: Fisheries and Other Commercially Valuable Species 322

15 Economics of Pollution Control: An Overview 356

16 Stationary-Source Local Air Pollution 390

17 Regional and Global Air Pollutants: Acid Rain and Atmospheric Modification 413

18 Mobile-Source Air Pollution 438

19 Water Pollution 463

20 Toxic Substances 495

21 Environmental Justice 523

22 Development, Poverty, and the Environment 549

23 The Quest for Sustainable Development 577

24 Visions of the Future Revisited 603

Problem Set Answers 615

Glossary 622

Name Index 634

Subject Index 640