The Theory of Environmental Policy / Edition 2

The Theory of Environmental Policy / Edition 2

by William J. Baumol, Wallace E. Oates
     
 

ISBN-10: 0521322243

ISBN-13: 9780521322249

Pub. Date: 02/26/1988

Publisher: Cambridge University Press

In this book, Professors Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy. They present a formal, theoretical treatment of those factors infuencing the quality of life. By covering both the theory of externalities and its application to environmental policy, the authors have retained the basic structure

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Overview

In this book, Professors Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy. They present a formal, theoretical treatment of those factors infuencing the quality of life. By covering both the theory of externalities and its application to environmental policy, the authors have retained the basic structure and organization of the first edition, which has become a standard reference in the field. In this edition, however, they have updated their analysis to incorporate recent research in enviromental economics.

Product Details

ISBN-13:
9780521322249
Publisher:
Cambridge University Press
Publication date:
02/26/1988
Edition description:
Revised
Pages:
312
Product dimensions:
6.20(w) x 9.00(h) x 1.10(d)

Table of Contents

Preface to the second edition; Preface to the first edition; 1. Introduction: economic and environmental policy; Part I. On The Theory of Externalities: 2. Relevance and the theory of externalities; 3. Externalities: definition, significant types, and optimal-pricing conditions; 4. Externalities: formal analysis; 5. Uncertainty and the choice of policy instruments: price or quantity controls?; 6. Market imperfections and the number of participants; 7. Are competitive outputs with detrimental externalities necessarily excessive?; 8. Detrimental externalities and nonconvexities in the production set; 9. On optimal pricing of exhaustible resources; Part II. On The Design of Environmental Policy: 10. Introduction to Part II; 11. Efficiency without optimality: the charges and standards approach; 12. Marketable emission permits for protection of the environment; 13. Stochastic influences, direct controls, and taxes; 14. Taxes versus subsidies: a partial analysis; 15. Environmental protection and the distribution of income; 16. International environmental issues; 17. national or local standards for environmental quality?; Index.

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