Applying Economics to the Environment

"This text is perfect for economics majors, while an excellent microeconomics review can bring others up to speed. It] combines rigorous economics with actual policy problems and choices. I especially like the treatment of pollution dispersion (with lots of helpful diagrams), pollution monitoring, and risk analysis. The chapters on environmental protection in developing countries fill an important gap in existing texts."--Donald N. Dewees, University of Toronto "An easy--and pleasurable--read in environmental economics and policy."--Peter Bohm, Stockholm University "Engineers, scientists, attorneys, and policymakers working on environmental issues will find useful insights into the arcane world of economics, and discover new ways of communicating economic ideas in multi disciplinary contexts. Practitioners in international development institutions and analysts in the developing world will find their concerns addressed through a fresh look at the conventional wisdom about environmental policy and sustain ability. Lawmakers and regulators will see a much-needed treatment of environmental monitoring and enforcement, a facet of environmental policy which is too often neglected in most texts. In short, this book is not just for students.] For working professionals in the private and public sectors who are interested in learning more about environmental economics, or for economists who just need to refresh their knowledge in a specific area, it will become an invaluable resource."--William J. Vaughan, Senior Economist, Inter-American Development Bank "Finally, someone has written an environmental economics textbook that is technically accurate but still intellectually accessible to those other than the professional economist. In addition, it includes topics that are essential to a full understanding of environmental problems including risk analysis, monitoring and enforcement, the difficulties in benefit and cost estimation, and the special problems of developing countries. It is just the book we have needed for environmental engineers to become familiar with the concepts therein so that their work is not dominated by technical efficiency nor economic efficiency interpreted in a narrow sense."--Frank L. Parker, Distinguished Professor of Environmental Engineering and Member, National Academy of Engineering