The Economics of Energy Security by Douglas R. Bohi, Michael A. Toman
The Economics of Energy Security brings together and expands on research on energy security that has been conducted over the past twenty years. The book provides a comprehensive analysis of this topic in one volume, examining the assessment of energy security externalities for policy purpose and the wisdom of using energy security as an argument for government intervention in energy markets.
Preface. 1. Introduction. 2. Basic Economic Concepts. 3. Empirical Evidence on Energy Security Externalities. 4. Empirical Measures of Oil Security Premiums. 5. Changes in the Efficiency and Stability of the World Oil Market. 6. Applications of Energy Security Externalities to Electricity Policy. 7. Applications of Energy Security Externalities to Transportation Policy. 8. Implications for Energy Policy. References. Name Index. Subject Index. List of Figures. List of Tables.