The economics of environmental quality

摘要: An introduction to the economics of environment, it provides a coherent chain theoretical and empirical reasoning on environmental problems measures control them reduce their severity. It equips reader with basic tools needed assess economic damage caused by materials discharged air, water, other media. The all-new Chapter 2 in this edition makes text more accessible applying elements microeconomics analysis issues: supply demand for ordinary goods, emphasizing both similarities differences; also market failure, public property rights, "free rider" problem, externalities. A section hazardous substances has been added along discussion latest alternative reforms. book now ends new chapter prospects economics. In Part I, authors establish base material subsequent sections. They review key microeconomic theory extend include polluting discharges. Principles welfare economics, failure from externalities, benefit-cost receive careful exposition. are then applied government programs such as effluent fees, subsidies, regulation designed optimize resource allocation presence II draws together technical data solid-waste Sources, amounts, damages, abatement techniques, calculations pollutants. final deals pollution-control effect, proposals policies, future role