Environmental economics Books

Book SynopsisTraditional measures of economic activity, such as GDP, take no account of damage done to the stock of natural capital by environmental change nor the loss of welfare that economic activity causes through increased pollution. This book predominantly addresses the second question and develops and expands on previous research by the authors (Markandya and Pavan, 1999). Using spatially desegregated data on measures of pollution to derive economic damage estimates, the main purpose of the book is to gauge the environmental damage sustained as a result of economic activities and to offer an insight into how the information generated can be used in conjunction with conventional economic accounts. The first few chapters review recent developments in both green accounting and pathway analysis. The book goes on to evaluate the progress made in estimating dose response functions and valuing environmental damages. The authors discuss the methodology used for the estimation of damages caused by ambient air pollution and the cost of defensive expenditures. They also present the results of the analysis and draw important policy conclusions for environmental accounting, particularly in the EU. This book will be essential reading for environmental economists, particularly those interested in issues of environmental accounting.Table of ContentsContents: Preface Part I: Developments in Methodology 1. Introduction and Project Objectives Anil Markandya and Marialuisa Tamborra 2. Developments in Green Accounting Anil Markandya, Alistair Hunt and Ian Milborrow 3. Developments in Pathway Analysis Paul Watkiss, Mike Holland and Katie King 4. Updates to Exposure–Response Functions Fintan Hurley, David Howard, Paul Watkiss and Mike Holland 5. Developments in Valuation Anil Markandya, Alistair Hunt, Paul Watkiss and Fintan Hurley 6. The Methodology for the Estimation of Impacts and Damage Costs Caused by Ambient Air Pollution Bert Droste-Franke, Wolfram Krewitt, Rainer Friedrich and Alfred Trukenmüller 7. Defensive Expenditures Marialuisa Tamborra, Marcella Pavan, Anil Markandya and Alistair Hunt Part II: Results 8. Estimates of Damage Costs from Air Pollution to Human Health, Crops and Materials Bert Droste-Franke, Wolfram Krewitt, Rainer Friedrich, Alfred Trukenmüller, Marialuisa Tamborra, Gianluca Crapanzano, Marcella Pavan, Paul Watkiss, Mike Holland, Katie King, Anil Markandya, Ian Milborrow, Alistair Hunt, Onno Kuik, Kees Dorland, Frank A. Spaninks and John F.M. Helming 9. Attribution of Air Damages to Countries and Economic Sectors of Origin Bert Droste-Franke, Wolfram Krewitt, Rainer Friedrich and Alfred Trukenmüller 10. Developments in Estimation of Damages to Crops Onno Kuik, Kees Dorland, Frank A. Spaninks and John F.M. Helming 11. Forest and Ecosystem Damages Ursula Triebswetter and Marialuisa Tamborra 12. Valuation of Water Gianluca Crapanzano, Marcella Pavan and Alistair Hunt 13. Damages to Land Paul Watkiss, Mike Holland, Katie King and Alistair Hunt 14. Marginal Cost Estimates of Greenhouse Gas Emissions Richard S.J. Tol, Samuel Fankhauser, Onno Kuik and Joel B. Smith 15. Environmental Expenditures Marialuisa Tamborra and Marcella Pavan Part III: Conclusions and Policy Recommendations 16. Conclusions and Policy Recommendations Anil Markandya and Marialuisa Tamborra Index

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Book SynopsisThe debate about how best to manage the interplay between trade, industrialization and the impacts of both on the global environment continues to rage, particularly in the context of the introduction and ratification of the Kyoto Protocol. This book deals with a number of important issues surrounding the debate about trade and the environment, but places particular emphasis on the process of EU enlargement.The first two chapters, by prominent American scholars, present the case for and against the Kyoto Protocol. The authors go on to review the broader trade-environment debate by undertaking a critical analysis of the interplay between current WTO and EU economic policies and how they conflict with policies aimed at environmental protection. The third part focuses on EU accession economies and discusses how EU policies can best strike a balance between environmental improvements and economic development in those countries. Finally the book reviews the impact of economic transition on environmental policies in Russia and Central and Eastern Europe. This book will be of great interest to scholars interested in the trade-environment debate and will be a valuable resource for international environmental policymakers.Table of ContentsContents: 1. Introduction Part I: The Trade–Environment Debate in Context: The US Decision on Kyoto 2. The Kyoto Protocol: A Flawed Concept 3. You’re Getting Warmer: The Most Feasible Path for Addressing Global Climate Change Does Run through Kyoto Part II: Trade and Environmental Policies 4. Trade, the Harmonization of Environmental Policy and the Subsidiarity Principle 5. Trade and the Environment in the Perspective of EU Enlargement 6. Can Environmental Regulations be Compatible with Higher International Competitiveness? Some New Theoretical Insights Part III: Environmental Policy Concerns in the Context of EU Enlargement 7. Environmental Implications of EU Enlargement: Lessons from the Southern Member States and Preliminary Evidence from Poland 8. Strategic Environmental Policies with Foreign Direct Investment: Implications of European Enlargement 9. External Actors and their Prospective Roles in Environmental Cleanup in Central and Eastern Europe 10. How Can Economies in Transition Pursue Emissions Trading or Joint Implementation? Part IV: Economic and Environmental Policies in Transition Economies 11. Energy and Sustainability in Central Europe: A Decade of Transition in Review 12. Reorganization of Environmental Policy in Russia: The Decade of Success and Failures in Implementation and Prospective Quests 13. Policy in Transition: A New Framework for Russia’s Climate Policy Index

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Book SynopsisGardner M. Brown, Jr. has been a leading innovator in the development of environmental and natural resource economics. This book comprises essays written in his honor by some of the most distinguished economists working in this field. The principal themes addressed include fundamental theoretical and empirical issues in the valuation of environmental and natural resources; the relationships between economic growth, natural resources and environmental quality; re-evaluation of some standard results in the dynamic modeling of renewable and non-renewable resources; the protection and management of biological resources; and the economics of antibiotic resistance.The original papers within this book will be of great interest to academics and practitioners in the field of environmental and natural resource economics.Trade Review'The papers in this book are a great cross section of work going on in natural resource economics, the visible output of ongoing research programs being pursued by a talented group of economists. . . The book would be an excellent one for newcomers in the field to peruse; they will get an idea of the range of topics being addressed, and Gardner Brown's pursuit of them with creativity, care, and rigor, which are the prime legacies that he offers to the profession.' -- Barry C. Field, American Journal of Agricultural Economics'This volume contains an excellent set of papers by top scholars in environmental and resource economics. These papers span the wide range of topics that characterized the extraordinarily broad and productive career of Gardner Brown. They bring current issues in modeling important environmental policy questions into sharp focus in a way that emphasizes Brown's seminal insights.' -- Richard Carson, University of California, San Diego, US'I am glad this book has been written. Gardner is clearly too radical to get a statue and I doubt he would have the patience to sit long enough for the sculptor to finish. Yet Gardner's ideas really deserve remembrance. The editors have managed not only to cover many of the areas and methods Gardner worked with but also to find authors who loved and/or respected him and who have honoured him by providing high quality work in his spirit. The book is imbued with those curious blends of curiosity and rigour, daring abstraction and yet painstaking attention to detail that are so characteristic of Gardner's work. It was a great pleasure to read.' -- Thomas Sterner, University of Gothenburg, SwedenTable of ContentsContents: Foreword Introduction PART I: CONSERVATION OF BIOLOGICAL RESOURCES 1. Bioeconomics of Metapopulations: Sinks, Sources and Optimal Closures James E. Wilen and James N. Sanchirico 2. The Optimal Treatment of Disease under a Budget Constraint Robert Rowthorn 3. Coordinating Conservation on Private Lands Gregory M. Parkhurst and Jason F. Shogren 4. Forest Management under the Endangered Species Act Dean Lueck and Jeffrey A. Michael PART II: RESOURCE MODELING, GROWTH AND ENVIRONMENTAL QUALITY 5. Is the Environmental Kuznets Curve an Empirical Regularity? Robert T. Deacon and Catherine S. Norman 6. Economic Growth and Natural Resources: Does the Curse of Natural Resources Extend to the 50 US States? Ronald N. Johnson 7. Fishes and Trees, or Continuous vs. Discrete Harvesting Martin L. Weitzman 8. The Grand Unified Theory of Natural Resource Economics: A Special Case Mark L. Plummer PART III: THEORY AND PRACTICE OF VALUATION 9. Environmental Valuation under Dynamic Consumer Behavior Jinhua Zhao and Catherine L. Kling 10. Caught in a Corner: Using the Kuhn–Tucker Conditions to Value Montana Sportfishing Craig Mohn and Michael Hanemann 11. The Economic Valuation of Shoreline: 30 Years Later Raymond B. Palmquist and Charles M. Fulcher 12. From Ratings to Rankings: The Econometric Analysis of Stated Preference Ratings Data David F. Layton and S. Todd Lee Appendix: Publications of Gardner M. Brown, Jr Index

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Book SynopsisRutger Hoekstra examines the complex relationship between the monetary economy and the materials flows that are extracted and emitted by economic activities. These physical flows are responsible for many important environmental problems such as unsustainable resource depletion, waste production and climate change. This book discusses, applies and improves upon techniques which link the monetary and physical economies for environmental analyses. The book uses two sources of analysis: the physical input-output table (PIOT), a macro-economic account for the physical economy, recording material and product flows, including resource extraction, emissions and recycling; and structural decomposition analysis (SDA), which assesses the influence of structural changes, such as economic growth, consumption shifts, export growth and technological change, on environmental indicators. Methodological improvements in the PIOT and SDA systems are then presented by the author, and applied to empirical data. Ecological and industrial economists, along with those with an interest in environmental problems associated with the economy will find this book, with its extensive historical analysis and novel fore- and back-casting models, to be a fascinating read.Trade Review'This volume provides a valuable introduction to hybrid I-O analysis and therefore should be useful to the growing number of researchers working with these techniques.' -- Timothy J. Considine, Journal of Industrial Ecology'This is a first-rate piece of work. . . Dr Hoekstra's book is the most comprehensive assessment of economic decomposition analysis to date. The author has clarified some confusions, filled in some important gaps in the literature and extended the methods both conceptually and empirically. He has done a most thorough job of constructing hybrid input-output tables and applied them to the important issue of trends in material production use. His use of SDA for forecasting and backcasting of trends and policy making is also very impressive.' -- Adam Rose, Pennsylvania State University, USTable of ContentsContents: Preface 1. Introduction 2. Input–Output Tables and Models 3. Constructing Input–Output Tables: Theory 4. Physical Input–Output Tables 5. Hybrid Input–Output Tables for Iron and Steel and Plastics 6. Environmental Structural Decomposition Analysis 7. Comparing Structural and Index Decomposition Analysis 8. Structural Decomposition Analysis of Iron and Steel and Plastics 9. Forecasting and Backcasting Scenarios 10. Summary and Conclusions References Index

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Book SynopsisThe Yearbook provides a comprehensive overview of cutting-edge issues in environmental and resource economics. The expert contributors address some of today's most pressing environmental topics including: issues in water pricing reforms spatial environmental policy environmental equity and the siting of hazardous waste facilities strategies to conserve biodiversity corporate sustainability the double-dividend hypothesis of environmental taxes valuing environmental changes in the presence of risk. The Yearbook will provide economists, scholars and practitioners working in environmental and resource economics with a comprehensive overview of the cutting-edge issues in the field.Trade Review‘The International Yearbook of Environmental and Resource Economics presents articles which are surveys of current issues in this research area where literature is abundant. As every year, we recommend the present yearbook to keep up with the developments of this literature.' -- Michel Griffon, Quarterly Journal of International AgricultureTable of ContentsContents: Preface 1. Issues in Water Pricing Reforms: From Getting Correct Prices to Setting Appropriate Institutions 2. Spatial Environmental Policy 3. Environmental Equity and the Siting of Hazardous Waste Facilities in OECD Countries: Evidence and Policies 4. Strategies to Conserve Biodiversity 5. Corporate Sustainability 6. The Double-Dividend Hypothesis of Environmental Taxes: A Survey 7. Valuing Environmental Changes in the Presence of Risk: An Update and Discussion of Some Empirical Issues Index

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Book SynopsisThis major annual publication provides a state-of-the-art survey of contemporary research on environmental and resource economics by some of the leading experts in the field. The critical issues addressed in this year's volume include: contingent valuation environmental policy, technological change and economic growth land use decisions and policy sustainability indicators value transfer and environmental policy joint implementation in climate change policy environmentally harmful subsidies. Trade Review'The 2004-5 edition of this annual publication provides again a first-rate compilation of various major topics in environmental and resource economics written by the leading specialists in the field. . . The contributions are an exciting and inspiring resource for the development of further research, and this book should be recommended to students and researchers in environmental and resource economics as well as social science.' -- Katrin Daedlow, Environmental Politics'As every year, Tom Tietenberg and Henk Folmer have edited The International Yearbook of Environmental and Resource Economics. . . This book, and indeed the whole collection, are tremendously useful as basic tools for professionals in research, teaching and policy making.' -- Michel Griffon, Quarterly Journal of International AgricultureTable of ContentsContents: Preface 1. Fifty Years of Contingent Valuation 2. Environmental Policy, Induced Technological Change and Economic Growth: A Selected Review 3. Land Use Decisions and Policy at the Intensive and Extensive Margins 4. Indicators of Sustainability 5. Value Transfer and Environmental Policy 6. Joint implementation in Climate Change Policy 7. Environmentally Harmful Subsidies Index

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Book SynopsisThis publication is a milestone in the analysis of the distributional impacts of environmental policy, building upon existing literature to simultaneously examine disparities in the distribution of environmental impacts and in the distribution of financial effects amongst households.The objectives of this new book are threefold: to provide a conceptual framework to better understand the disparities in the distributional effects (environmental and financial) of environmental policy upon the individual household to review empirical evidence on the distributional implications (both financial and environmental) of environmental policies through a number of case studies to analyse policy implications by reviewing challenges facing some policymakers as they seek to design environmentally effective and economically efficient environmental policies, while ensuring that social concerns such as distributional effects are simultaneously addressed. Scholars and researchers in the areas of environmental and resource economics will find much to engage them within this book, as will policymakers involved in environmental policy-making.Trade Review'. . . the collection provides a useful overview of key concepts, approaches and empiricism regarding the distributional dimensions of environmental quality, risks and policy at the national and sub-national scale. . . The collection begins with a useful introductory chapter by the editors. . . is concise, informative and provides a useful road-map to the rest of the collection. . . The Distributional Effects of Environmental Policy is written for a specific audience, namely, academics and policymakers concerned with the conceptual and practical dimensions of environmental risk, policy and equity. . . the book is focused, coherent and substantive. As such, it will appeal, and moreover, be of great use to, individuals working in the field of environmental policy, or indeed, with a more general concern with the distributional aspects of negative externalities and public policy. . . the editors have done an excellent job of assembling a set of high-quality contributors, and should be congratulated for their efforts.' -- Richard Perkins, Natural Resources ForumTable of ContentsContents: Preface 1. Distributional Effects of Environmental Policy: Introduction Nick Johnstone and Ysé Serret Part I: Conceptual Frameworks and Literature Review 2. Framework for Assessing the Distribution of Environmental Quality David W. Pearce 3. Framework for Assessing the Distribution of Financial Effects of Environmental Policy Bengt Kriström Part II: Evidence on the Distributional Effects of Environmental Policies 4. Distributional Effects of the Ecological Tax Reform in Germany: An Evaluation with a Microsimulation Model Christhart Bork 5. The Distributional Effects of Direct Regulation: A Case Study of Energy Efficiency Appliance Standards Ronald J. Sutherland Part III: Evidence on the Distribution of Environmental Quality 6. Exposure to Environmental Urban Noise Pollution in Birmingham, UK Julii S. Brainard, Andrew P. Jones, Ian J. Bateman and Andrew A. Lovett 7. Environmental Equity and the Siting of Hazardous Waste Facilities in OECD Countries James T. Hamilton 8. Distributional Effects of Environmental Policy: Conclusions and Policy Implications Ysé Serret and Nick Johnstone References Index

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Book SynopsisThis timely book offers a fresh view on how oceans and coasts are, and should be, managed. The urgency of this issue is increasingly being recognized, as critical limits to the economic exploitation of our oceans and coasts are reached. The authors argue that ecological economics is in a unique position to address this problem given its particular focus on interconnected ecological and economic systems.Four 'cornerstones' of this ecological economics approach to the oceans and coasts are presented; most importantly, sustainability is the overarching policy goal, rather than economic efficiency, as I soften emphasized in mainstream economics. Secondly, recognizing the biophysical limits and thresholds of marine systems is fundamental. Thirdly, a complex systems view is adopted, which has profound implications for managing marine systems in the face of intrinsic uncertainty, irreversibility and interdependent behaviour. Finally, the approach is necessarily methodologically pluralistic, given the complexity and multi-faceted character of marine ecological-economic systems.Ecological Economics of the Oceans and Coasts is a unique book that will be warmly welcomed by ecological economists, researchers and academics of coastal and marine management and policy as well as natural resource and environmental economists. Policy advisors on oceans and coasts, coastal and marine managers will also find this book of great interest and value.Trade Review'This timely book is enhanced by its provision of diverse fresh perspectives on ways to better manage our deteriorating oceans and coastlines. It will be welcomed by all those who value a holistic approach to environmental policy and who appreciate the need for urgent but well thought out improvements in ocean and coastal management.' -- Clem Tisdell, University of Queensland, Australia'This book covers a wide spectrum of issues of practical significance to those concerned about the state of the world's oceans. Its principal contribution is to bring together an ecological economics perspective to the ocean world. In so doing, it broadens the vision of how we should understand the marine environment and, perhaps, what we can do to mitigate or even resolve these challenges.' -- Quentin Grafton, The Australian National UniversityTable of ContentsContents: Preface 1. Towards an Ecological Economics of the Oceans and Coasts Murray Patterson PART I: FOUNDATIONAL ECOLOGY, COMPLEXITY AND SCIENCE ISSUES 2. Global Ecology of the Oceans and Coasts Ben McNeil 3. Biodiversity of the Oceans Murray Patterson, Garry McDonald, Keith Probert and Nicola Smith 4. Oceans and Coasts as Complex Adaptive Systems Mark Gibbs and Anthony Cole PART II: ECONOMIC AND OTHER VALUES OF THE MARINE ENVIRONMENT 5. Neoclassical Frameworks for Optimizing the Value of Marine Resources Basil Sharp and Chris Batstone 6. Non-Market Value of Ecosystem Services Provided by Coastal and Nearshore Marine Systems Matthew Wilson and Shuang Liu 7. Ecological Shadow Prices and Contributory Value: A Biophysical Approach to Valuing Marine Ecosystems Murray Patterson 8. The Open Horizon: Exploring Spiritual and Cultural Values of the Oceans and Coasts Charlotte Šunde PART III: MARINE SUSTAINABILITY: INTEGRATING ECOLOGY, ECONOMICS AND SOCIAL DIMENSIONS 9. Economic Drivers of Change and their Oceanic–Coastal Ecological Impacts Murray Patterson and Derrylea Hardy 10. Integrative Economy–Ecology Models for Marine Management Matthias Ruth 11. Poverty and Inequality at Sea: Challenges for Ecological Economics Bruce Glavovic PART IV: IMPLEMENTING AN ECOLOGICAL ECONOMICS OF THE OCEANS AND COASTS 12. Minimum Information Management: Harvesting the Harvesters’ Assessment of Dynamic Fisheries Systems Chris Batstone and Basil Sharp 13. Designing Property Rights for Achieving Sustainable Development of the Oceans Basil Sharp 14. Ocean and Coastal Governance for Sustainability: Imperatives for Integrating Ecology and Economics Bruce Glavovic 15. Summary and Future Challenges for an Ecological Economics of the Oceans and Coasts Murray Patterson and Bruce Glavovic Index

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Book SynopsisJapanese environmental management style is in many ways distinct from that found in Europe or the USA. There is less emphasis on litigation, more emphasis on administrative guidance and considerable use of voluntary mechanisms for policy implementation. This volume considers what factors may have contributed to Japan's relatively successful efforts at dealing with severe industrial pollution and problems associated with rapid urbanization.The book introduces Japan's environmental history, its key environmental regulations and the forces that have driven Japan to introduce these environmental regulations and programs. It also examines the various formal and informal institutional mechanisms and policy instruments that have been introduced over the past several decades to implement pollution control and energy conservation. The authors conclude by putting Japan's environmental policy experiences in comparative perspective and considering what useful lessons can be drawn from the Japanese experience for developing nations. Providing a detailed analysis of environmental policies and policy instruments in Japan by leading experts in the field, this book will be of great interest to students of environmental policy and politics and policymakers concerned with environmental protection in Asia.Trade Review'This book is a must; it is best reading for all interested in or working on environmental policy formulation and implementation, be it in a polluted industrial country or in a polluting developing country.' -- Environmentalist'. . . a well-conceptualized analysis of the evolution of Japan's environmental policies and programmes. . . The quality of integration from chapter to chapter is much superior to that of most multiple-author texts.' -- International Sociology Review of Books'The eleven contributors to this book provide profound retrospective view son the fearsome damage inflicted on the environment of Japan and on its people during the rapid economic growth period from late 1950s to the early 1970s. The book also presents a clear vision of how developing countries might draw lessons from Japan's experiences in overcoming some of its pollution problems.' -- Hiroshi Ohta, Pacific Affairs'This is, I'm sure, the most comprehensive and the best book ever on Japan's environmental policy. This book is a must; it is best reading for all interested in or working on environmental policy formulation and implementation, be it in a polluted industrial country or in a polluting developing country.' -- Udo E. Simonis, Internationales AsienforumTable of ContentsContents: Preface 1. Learning from Japanese Environmental Management Experiences 2. Japan’s Environmental Policy: Past and Future 3. Japan’s Environmental Policy: Institutions and the Interplay of Actors 4. Economic Implications of Pollution Control Policy in Japan 5. Japan’s Environmental Politics: Recognition and Response Processes 6. Japan’s Environmental Policy: International Cooperation 7. Environmental Policy Instruments 8. Case Studies of Environmental Politics in Japan 9. Local Government, Industry and Pollution Control 10. Japan’s Environmental Policy: Financial Mechanisms 11. Environmental Industries and Technologies in Japan 12. Japan’s Environmental Management Experiences: Strategic Implications for Asia’s Developing Countries 13. Environmental Policy Making in the Advanced Industrialized Countries: Japan, the European Union and the United States of America Compared 14. Evaluating Japan’s Environmental Policy Performance References Index

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Book SynopsisThis innovative book explores the adoption of energy-saving technologies and their impact on energy efficiency improvements. It contains a mix of theoretical and empirical contributions, and combines and compares economic and physical indicators to monitor and analyze trends in energy efficiency. The authors pay considerable attention to empirical research on the determinants of energy-saving investment including uncertainty, energy-price volatility and subsidies. They also discuss the role of energy modeling in policy design and the potential effect of energy policies on technology diffusion in energy-extensive sectors. Written from a multi-disciplinary perspective, this book will appeal to academics and graduates in the areas of energy-saving technologies, energy economics and natural resource economics as well as policy makers - particularly those in energy policy. Contributors: K. Blok, H.L.F. de Groot, R.J.G.M. Florax, M. Harmelink, G.W. Hunter, S. Joosen, M.J. Koetse, P. Mulder, M.K. Patel, A. Ramirez, W.J.H. van Groenendaal, D.P. van Soest, H.R.J. VolleberghTrade Review’Increasing energy-efficiency is important because it offers the prospect of partly solving our climate change and energy security problems without pain. This book sheds further light on the issue, focusing on energy-extensive economic activities which, by sheer volume, collectively use a substantial amount of energy. That simple fact alone makes this book worthwhile, but there are many other gems.’- Richard Tol, the Economic and Social Research Institute (ESRI), Ireland ’This book rightly focuses on energy efficiency for the less energy-intensive sectors of our economy. In many industrialized countries the share of these sectors is growing, yet little attention is paid to energy, either by companies themselves, or by policy-makers or scientists. While focusing mainly on experiences in the Netherlands, this book makes an excellent contribution to the study of these sectors and, most importantly, initiates more comprehensive multi-disciplinary analyses.’-Ernst Worrell, Utrecht University, The NetherlandsTable of ContentsContents: Preface INTRODUCTION 1. Energy Efficiency and Technological Change Raymond J.G.M. Florax, Henri L.F. de Groot and Peter Mulder PART I: TRENDS IN ENERGY EFFICIENCY 2. A Spatial Perspective on Global Energy Productivity Trends Peter Mulder, Raymond J.G.M. Florax and Henri L.F. de Groot 3. Energy-Productivity Performance Across 14 OECD Countries: The Role of Energy-Extensive Sectors Peter Mulder and Henri L.F. de Groot 4. Using Physical Indicators to Monitor Energy Efficiency in Energy-Extensive Sectors Andrea Ramírez, Martin K. Patel and Kornelis Blok 5. Monitoring Energy Use and Energy Efficiency in the Dutch Service Sector Andrea Ramírez, Martin K. Patel and Kornelis Blok PART II: TECHNOLOGY AND INVESTMENT BEHAVIOUR 6. Adoption Criteria, Diffusion and Firm Size: The Role of Learning in Reconciling Theories of Endogenous Technical Change with Empirical Evidence Greg W. Hunter 7. A Meta-Regression Analysis of the Investment–Uncertainty Relationship Mark J. Koetse, Henri L.F. de Groot and Raymond J.G.M. Florax 8. The Effects of Uncertainty on Investments: Analysing the Environmental Impact of Energy Market Liberalization Daan P. van Soest and Henri L.F. de Groot PART III: ENERGY POLICY DESIGN 9. Energy Investment Behaviour: Firm Heterogeneity and Subsidy Design Daan P. van Soest and Herman R.J. Vollebergh 10. Effectiveness of Energy Policies in the Service Sector Kornelis Blok, Suzanne Joosen and Mirjam Harmelink 11. Energy Model and Policy Advice: The Effect of Model Choice Willem J.H. van Groenendaal EPILOGUE 12. Conclusions and Future Research Raymond J.G.M. Florax, Henri L.F. de Groot and Peter Mulder Index

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Book SynopsisTo date, research on the economic implications of climate change on fisheries has been both limited and fragmented. The contributors to this volume remedy the lack of attention by investigating the economic consequences of pelagic fish fluctuations in the recent past in order to understand how to adapt and respond to future climate changes.Small pelagic fish constitute approximately 30 per cent of the world's fish catch, have a global distribution, and are characterized by dramatic fluctuations in response to ocean climate. Despite this, countries adjust to changes in fish abundance, regardless of the cause, at variable time scales. These adjustments are often uncoordinated. The contributors address these concerns in chapters that cover a range of topics including: historical fluctuations of Atlanto-Scandian herring, management adaptations to climate regime shifts, differential consequences of pelagic fishery collapses in Southeast Asia, and the globalized nature of fishmeal markets. The case studies are complementary and yet self-standing, highlighting the need for a more coordinated assessment of impacts, and calling for more focused research.Students and scholars of climate change and environmental and resource economics will find this cohesive volume an instructive and enlightening resource. Policymakers and those in the fisheries management community will find the case studies and analyses useful in determining future goals and responses.Trade Review‘Climate Change and the Economics of the World's Fisheries brings together economists, other social scientists, fisheries biologists and mathematicians to ponder how projected changes in climate will affect fisheries and fisheries management throughout the world. . . I recommend this volume to professional fisheries economists and quantitatively oriented fisheries scientists. . . the book is provocative and likely to stimulate new research.' -- Martin D. Smith, International Journal of Maritime HistoryTable of ContentsContents: Climate Change and the Economics of the World’s Fisheries: An Introduction Manuel Barange, Rögnvaldur Hannesson and Samuel F. Herrick Jr 1. Global Warming, Small Pelagic Fisheries and Risk Ragnar Arnason 2. The Collapse of the Norwegian Herring Fisheries in the 1960s and 1970s: Crisis, Adaptation and Recovery Torbjørn Lorentzen and Rögnvaldur Hannesson 3. Sharing the Herring: Fish Migrations, Strategic Advantage and Climate Change Rögnvaldur Hannesson 4. Rise and Fall of the Herring Towns: Impacts of Climate and Human Teleconnections Lawrence Hamilton, Oddmund Otterstad and Helga Ögmundardóttir 5. An Optimal Harvest Policy for the Recently Renewed United States Pacific Sardine Fishery Samuel F. Herrick Jr, Kevin Hill and Christian Reiss 6. Long-term Harvest Strategies for Small Pelagic Fisheries under Regime Shifts: The South African Fishery for Pilchard and Anchovy José De Oliveira 7. Declines in Namibia’s Pilchard Catch: The Reasons and Consequences Ussif Rashid Sumaila and Kevin Stephanus 8. Climate Change and Small Pelagic Fisheries in Developing Asia: The Economic Impact on Fish Producers and Consumers Roehl Briones, Len Garces and Mahfuzuddin Ahmed 9. Bi-national Management of a Transboundary Marine Fishery: Modelling the Destabilizing Impacts of Erratic Climate Shifts Robert McKelvey, Peter Golubtsov, Kathleen Miller and Greg Cripe 10. Prototype of an Integrated Model of the Worldwide System of Small Pelagic Fisheries Christian Mullon and Pierre Fréon 11. On the Consequences of Climate Change in Pelagic Fish Populations: A Conclusion Rögnvaldur Hannesson, Samuel F. Herrick Jr and Manuel Barange Index

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Book SynopsisThis multidisciplinary work explores ways of making environmental policy decisions in managing public goods and natural parks with the goal of maximizing economic benefits to society. The contributors to the volume seek the best strategies for improving the environmental sustainability and quality of a public resource by showing how to develop quantitative information about the natural area and how it interacts with the economy. Such an analysis can be used to define policies that encourage interactions among institutions, local economic agents and park users. At the same time, it provides a measure to account for the implications of those policies on the local economy.A public resource, such as a natural park, has many different functions - the production of marketed goods, ecosystem protection and tourism - and its management requires the knowledge of the physical, biological and ecological characteristics of the functions supplied by the resource, as well as the value of each function and the public resource as a whole. To ensure the implementation of the optimal practice, the contributors adopt a participative approach to establish a credible social contract between the area's public manager and its consumers. Balancing the interests of residents, visitors and local businesses, and coupling the development of both the natural potential of the area and the local economy, are necessary steps for the best strategy to be adopted.Economists and agricultural-environmental economists, forest and resource planners interested in practical guidance, and professors who teach environmental economics or forest planning courses will all find this collection invaluable and instructive.Table of ContentsContents: Introduction Joseph C. Cooper, Federico Perali and Marcella Veronesi Part I: Assessment 1. Estimating the Level of Functions Supplied by a Natural Area Using GIS Information Michele Carta, Nicola Gallinaro and Massimo Bianchi 2. The Supply of Functions by Homogeneous Area Using Cluster Analysis Paola De Agostini, Veronica Cicogna and Federico Perali 3. A Contingent Valuation Method Incorporating Fairness and Citizen Participation Joseph C. Cooper, Federico Perali, Nicola Tommasi and Marcella Veronesi 4. Travel Cost Estimation Conditional on Leisure Consumption Joseph C. Cooper, Federico Perali, Nicola Tommasi and Marcella Veronesi Part II: Management 5. Identifying the Best Combination of Environmental Functions Using Multi-Criteria Analysis Paola De Agostini 6. Simulating the Impact on the Local Economy of Alternative Management Scenarios for Natural Areas Paola De Agostini, Stefania Lovo, Francesco Pecci, Federico Perali and Michele Baggio 7. Resolving Conflicts in a Natural Area Michele Baggio Conclusions Joseph C. Cooper, Federico Perali and Marcella Veronesi Appendix: West Garda Regional Forest Survey – A Platform for Policy Analysis Nicola Tommasi and Marcella Veronesi Index

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Book SynopsisThis innovative volume systematically brings together two strands of applied research that, to date, have been carried out separately - 'smart growth' research and climate change adaptability research. By providing theory, models, and case studies from North America, Oceania and Europe, the book creates synergies between the two strands, reconciles differences, and provides insights for decision-makers at national and local levels.The contributors to the volume draw on modeling tools complementary to both camps as they explore the issues surrounding: water and energy use, health, transportation, urbanization and regional development. Examples from around the world illustrate the relationships between regional land use, infrastructure development, quality of life and climate change. The contributors take special care to develop theory and models in real-world contexts as they emphasize both the science of climate change and its land use management, policy and investment implications. In addition, they pay special attention to bridging the gaps that may exist among science and engineering, stakeholder interests, and policy implementation.Students, scholars and practitioners in the areas of geography, planning, land use, civil and environmental engineering, environmental economics, and policy will find the approaches and strategies in this volume of great interest.Trade Review'The consensus on global warming and its effects are now almost unanimous. Even those politicians with serious denial issues are converting. That said, the question becomes: How well does this book deal with urban sprawl and climate change? Professor Ruth is a master at organizing thought (and of creative thought. . . but an editor most needs the former). He has pulled together a very impressive list of experts from good institutions and organized their contributions to this subject in a meaningful, useful way. I think the coverage of the issue is both very competent and complete.' -- Bruce Hannon, University of Illinois, Urbana Champaign, USTable of ContentsContents: Part I: Smart Growth, Climate Adaptation and Mitigation 1. Introduction Matthias Ruth 2. Research Themes and Challenges Matthias Ruth and Fang Rong 3. Smart Growth, Sprawl and Climate Change Mitigation in the United States Mick Womersley 4. Climate Change Impacts on Regional Development and Sustainability: An Analysis of New Zealand Regions Murray G. Patterson, Garry W. McDonald, Nancy E. Golubiewski, Vicky E. Forgie and Nigel A. Jollands Part II: Stakeholder Involvement: Needs, Experiences and Challenges 5. Stakeholder Involvement in Local Smart Growth: Needs and Challenges Thomas J. Wilbanks 6. Oil Transportation Infrastructure: The Trans-Alaska Pipeline System and the Challenge of Environmental Change Jerry McBeath Part III: Modeling, Indicator Development and Decision Support 7. A Complex Systems Approach for Sustainable Cities Jan Rotmans 8. A Spatially Explicit Urban Simulation Model: Land Use Evolution and Impact Assessment Model (LEAM) Brian Deal and Zhanli Sun Part IV: Methods and Cases 9. Urbanization Effect on Rainfall: Implications for Drainage Infrastructure Performance and Design Steven J. Burian 10. Flood Risk Institutions and Climate Change in the Netherlands Nicolien M. van der Grijp, Alexander A. Olsthoorn, Richard S.J. Tol and Peter E. van der Werff 11. From the Ground Up: Local Land Use Policies, Transportation Choices and the Potential for Improved Air Quality Kelly J. Clifton and Carolina V. Burnier 12. Regional Energy Demand and Adaptations to Climate Change: Methodology and Application to the State of Maryland, USA Matthias Ruth and Ai-Chen Lin 13. Physical Planning and Urban Heat Island Formation: How Cities Change Regional Climates Brian Stone, Jr 14. Climate Change and Public Health: Focus on Emerging Infectious Diseases Paul R. Epstein 15. Impacts of Changing Temperatures on Heat-related Mortality in Urban Areas: The Issues and a Case Study from Metropolitan Boston Matthias Ruth, Anthony Amato and Paul Kirshen 16. A Summary of Lessons and Options Matthias Ruth Index

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Book SynopsisA pollution haven may arise if environmental stringency differs between countries, when capital is mobile, and when trade rules allow firms to relocate and still sell their products to the same customers. This cohesive volume analyzes how country characteristics determine environmental rules, how those rules affect production costs, trade, and investment flows, how those flows affect pollution, prices, and incomes, and finally how all of these last considerations feed back into environmental rules. The sixteen papers collected here represent the most recent and significant advancements of knowledge on the subject. The contributors, all well-known scholars in the area, investigate how polluter location decisions respond to pollution policies, how local environmental rules respond to those location decisions, and how trade liberalization affects the incentives of governments to regulate dirty industries. The volume begins with a comprehensive overview by M. Scott Taylor and goes on to explore how the usual effects of pollution havens can be reversed. Also covered are the ways in which managed trade and trade liberalization, the regulation of multinationals, political stability and emissions controls impact pollution havens. Written for a multidisciplinary audience, The Economics of Pollution Havens will be of interest to those working in the areas of economics, international trade, political science, public policy, and environmental studies.Table of ContentsContents: Preface 1. Unbundling the Pollution Haven Hypothesis M. Scott Taylor 2. Environmental Policy, Population Dynamics and Agglomeration Chris Elbers and Cees Withagen 3. Managed Trade, Trade Liberalisation and Local Pollution Pierre M. Regibeau and Alberto Gallegos 4. Pollution Havens and the Regulation of Multinationals with Asymmetric Information Xiaodong Wu 5. Trade Integration and Political Turbulence: Environmental Policy Consequences Per G. Fredriksson and Muthukumara Mani 6. Pollution Abatement Expenditure by US Manufacturing Plants: Do Community Characteristics Matter? Randy A. Becker 7. Environmental Regulation as Export Promotion: Product Standards for Dirty Intermediate Goods Carol McAusland 8. Unilateral Emission Reductions and Cross-Country Technology Spillovers Rolf Golombek and Michael Hoel 9. Trade Liberalization and Pollution Havens Josh Ederington, Arik Levinson and Jenny Minier 10. Testing for Pollution Havens Inside and Outside of Regional Trading Blocs Matthew E. Kahn and Yutaka Yoshino 11. Environmental Regulation and International Trade: Empirical Results for Germany, the Netherlands and the US, 1977–1992 Abay Mulatu, Raymond J.G.M. Florax and Cees Withagen 12. Pollution Havens and Foreign Direct Investment: Dirty Secret or Popular Myth? Beata Smarzynska Javorcik and Shang-Jin Wei 13. The Unintended Disincentive in the Clean Air Act John A. List, Daniel L. Millimet and Warren McHone 14. Trade Pessimists vs Technology Optimists: Induced Technical Change and Pollution Havens Corrado Di Maria and Sjak A. Smulders 15. Does Trade Promote Environmental Coordination? Pollution in International Rivers Hilary Sigman 16. Cross-Country Policy Harmonization with Rent-Seeking Patrik T. Hultberg and Edward B. Barbier Index

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Book SynopsisThis outstanding text, a follow-up to the authors' award-winning 1982 text, provides a thorough treatment of economic welfare theory and develops a complete theoretical and empirical framework for applied project and policy evaluation. The authors illustrate how this theory can be used to develop policy analysis from both theory and estimation in a variety of areas including: international trade, the economics of technological change, agricultural economics, the economics of information, environmental economics, and the economics of extractive and renewable natural resources.Building on willingness-to-pay (WTP) measures as the foundation for applied welfare economics, the authors develop measures for firms and households where households are viewed as both consumers and owner/sellers of resources. Possibilities are presented for (1) approximating WTP with consumer surplus, (2) measuring WTP exactly subject to errors in existing econometric work, and (3) using duality theory to specify econometric equations consistent with theory.Later chapters cover specific areas of welfare measurement under imperfect competition, uncertainty, incomplete information, externalities, and dynamic considerations. Applications are considered explicitly for policy issues related to information, international trade, the environment, agriculture, and other natural resource issues.The Welfare Economics of Public Policy is ideal for graduate and undergraduate courses in applied welfare economics, public policy, agricultural policy, and environmental economics and provides an essential reference for practitioners of applied welfare economics.Trade Review‘The Welfare Economics of Public Policy is a great book that should be of interest to all economists interested in applied welfare analysis. It is a good reference book for economists studying the effects of public policy. Finally, it should be a useful textbook for students studying economic policy and applied welfare economics.' -- Jean-Paul Chavas, American Journal of Agricultural Economics'. . . a very comprehensive overview of the state of the art in welfare economics. It can be used as a teaching book for advanced students as well as a reference volume for researchers. This duality of possible uses is supported by the fact that very complex issues are presented in an easily readable manner. More technical aspects are then outlined in the appendices of the relevant chapters, offering colleagues the option to study formal considerations in more detail. . . a welcome addition to and expression of the knowledge base of agricultural economics.' -- Stefan Mann, Journal of Agricultural Economics'I am absolutely delighted that the authors have revised and republished this text. I have used the previous version for years in my graduate environmental economics course; usually I had to share the one copy I have with students and I felt it was a shame that these students did not have the opportunity to purchase the book since every serious environmental economist should have this volume on their shelf. It has been a continuous reference volume for me over the years and I am sure this is true of many others in the discipline. In the field of applied welfare analysis (spanning environmental economics, international trade, agricultural policy, etc.) there is no need for further elaboration when "Just, Hueth and Schmitz" is referenced. Everyone knows the book that is being referred to: the "bible" of applied welfare economics.' -- Catherine Kling, Iowa State University, US'For the record, I am one of the people who requested that the authors revise and re-issue their textbook. It is an extremely valuable book for applied economists; as with the previous edition, I will use it extensively in two of my courses and consult it frequently in my own research endeavors.' -- Richard Adams, Oregon State University, USTable of ContentsContents: Preface 1. Introduction 2. Pareto Optimality and the Pareto Criterion 3. The Compensation Principle and the Welfare Function 4. Welfare Measurement for the Producer Appendix to Chapter 4: Alternative Measures of Producer Welfare in Factor and Product Markets 5. Consumer Surplus and Consumer Welfare Appendix to Chapter 5: Nonuniqueness of Consumer Surplus 6. Willingness to Pay and Consumer Welfare Appendix to Chapter 6: Welfare Measurement for Consumers 7. Factor Supply and Factor Owner Welfare Appendix to Chapter 7: Welfare Measurement for Factor Owners 8. Aggregation and Economic Welfare Analysis of Market-Oriented Policies Appendix to Chapter 8: Measurement of Aggregate Market Welfare 9. Multimarket Analysis and General Equilibrium Considerations Appendix to Chapter 9: Welfare Measures for Multimarket Equilibrium 10. The Welfare Economics of Market Structure with Applications to International Trade 11. The Welfare Economics of Information with Applications to Advertising and Information Policy Appendix to Chapter 11: Measuring the Welfare Effects of Quality and Information 12. Stochastic Welfare Economics with Applications to Agricultural Policy Analysis Appendix to Chapter 12: Producer Welfare Measurement under Risk 13. Nonmarket Welfare Measurement with Applications to Environmental Economic Policy 14. Intertemporal Considerations in Cost–Benefit Analysis with Applications to Natural Resource Economics Appendix to Chapter 14: Intertemporal Welfare Analysis with Investment in Producer Capital and Consumer Durables 15. Conclusions and Further Considerations Bibliography Index

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Book SynopsisThis unique book examines the role of institutions in transport regulation within a sustainability and comparative Trans-Atlantic framework. With contributions from leading experts in the field, three areas of analysis are provided: barriers to implementation of reforms, regulatory issues and Public-Private Partnerships (PPP). The discussion on barriers focuses on political and public acceptance, as well as equity and environmental justice. Regulatory reform analyses include comparative discussions of railroad and airline deregulation in North America and Europe which are complimented with analyses of EU integration and transport regulation for sustainability, transport pricing and inter country competition. Finally, infrastructure finance and evaluation frameworks for PPP form the topical focus for a comprehensive assessment of PPP within the transport sector.Scholars and advanced students in engineering, public policy, planning, policy and international business will find Institutions and Sustainable Transport of great interest, as will national and sub-national transport senior planners and policy advisors in Europe and North America, and analysts and strategic planners for logistics organizations.Trade Review'The book treats an important topic in a novel way. The novelty comes to a large extent from the format of having European researchers write together with researchers from North America on an applied topic. This setup provides some interesting perspectives on the differences in problem formulation and scientific analysis on the two sides of the Atlantic.' -- Folke Snickars, Royal Institute of Technology, Stockholm, Sweden'This excellent volume is a landmark in the challenging and multifaceted field of institutions and transport. It brings together the work of leading experts from Europe, the United States and Canada to provide a superb overview of transatlantic perspectives on the role of institutional change, regulatory reform and public-private cooperation in supporting efficiency, equity and sustainability, in various transport markets and networks. This prestigious book will serve as an illuminating source of ideas and insights for planners, policy makers and those working on the international research frontier, now and in the future.' -- Aura Reggiani, University of Bologna, Italy'This an outstanding and very needed work. Not only is it comprehensive, it links critical infrastructure to management institutions that are essential to its regulation and effective operations. Rietveld and Stough bring a new and fresh perspective to this centrally important issue. I would recommend the book not only to students and faculty but to the thoughtful practitioner who is interested in the broad issue of institutional sustainability in the light of infrastructure management. Transportation is the focus but the broad issues of institutions is the crux of the analysis. It is the best and most up-to-date work in the field that is empirically based.' -- Kingsley E. Haynes, George Mason University, USTable of ContentsContents: Preface 1. Institutions and Regulatory Reform in Transport: An Introduction Piet Rietveld and Roger R. Stough PART I: BARRIERS TO IMPLEMENTATION IN TRANSPORT 2. Making Sustainable Transport Politically and Publicly Acceptable: Lessons from the EU, USA and Canada David Banister, John Pucher and Martin Lee-Gosselin 3. Equity and Environmental Justice in Sustainable Transportation: Toward a Research Agenda Elizabeth Deakin 4. Successes and Failures in Innovations Toward Sustainable Transport Jeroen C.J.M. van den Bergh, Eveline S. van Leeuwen, Frans H. Oosterhuis, Piet Rietveld and Erik T. Verhoef 5. US and European Responses to Uncertainty About Intelligent Transportation Systems: A Comparative Analysis Jonathan L. Gifford and Vincent Marchau PART II: REGULATORY REFORM 6. Rail Reform in Europe: Issues and Research Needs Chris Nash and Cesar Rivera-Trujillo 7. US Railroad Productivity and Deregulation: A Brief Summary of Findings John D. Bitzan 8. Airlines: Sustainable Development in a Transatlantic Context Kenneth Button 9. Integration: An Instrument for Sustainability of Urban Mobility Systems Rosário Macário 10. Transport Pricing when Several Governments Compete for Transport Tax Revenue Bruno De Borger and Stef Proost PART III: PUBLIC–PRIVATE COOPERATION 11. Public and Private Roles in Transport Network Development Steve Lockwood 12. Private Sector Finance of Transport Infrastructure: Progress and Prospects Roger Vickerman 13. A Framework for Assessing Public–Private Partnerships David Levinson, Reinaldo C. Garcia and Kathy Carlson Index

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Book SynopsisThis collection of specially commissioned papers pays tribute to Karl-Gustaf Lofgren's significant and diverse contribution to theoretical and empirical research within the field of environmental and resource economics over the past two decades. A number of distinguished scholars examine a broad range of topics including sustainability, risk and uncertainty, demand theory and issues related to public goods. The book also contains analyses of more specific resource problems concerning fisheries, forestry management, wildlife and pollution. Together, the seventeen chapters provide an innovative and cutting-edge analysis of a smorgasbord of both old and new environmental and resource problems, including, amongst others: local public goods and income heterogeneity self-selection and the value of lives saved international fisheries agreements salmon and hydropower discrete versus continuous harvesting timber supply voluntary road pricing economic impacts of environmental regulations in California. Academics, researchers and students within the fields of environmental, resource and public economics will find this book to be a fascinating read.Table of ContentsContents: Introduction 1. Sustainability: What Does It Tell Us? Geoffrey Heal 2. Environment and Decision-Making under Risk and Uncertainty Karl-Göran Mäler 3. Fisher, Lindahl, and Hicks on Income: A Modern Analysis Chuan-Zhong Li 4. Consumer Demand with Several Linear Constraints: A Global Analysis W. Michael Hanemann 5. Local Public Goods and Income Heterogeneity Thomas Aronsson, Magnus Wikström, Kenneth Backlund and Tomas Sjögren 6. Public Goods, Optimal Distortionary Taxation and Union Wage Setting Thomas Aronsson, Kenneth Backlund, Tomas Sjögren and Magnus Wikström 7. Self-Selection and the Value of Lives Saved Jason F. Shogren and Tommy Stamland 8. International Fisheries Agreements: The Feasibility and Impacts of Partial Cooperation Kim Hang Pham Do and Henk Folmer 9. Salmon and Hydropower: Dynamic Cost–Benefit Analysis Cecilia Håkansson, Per-Olov Johansson and Bengt Kriström 10. Trees vs. Fish, or Discrete vs. Continuous Harvesting Martin L. Weitzman 11. Differentiating at the Speed of Light in a Universe of Trees and Moose Olvar Bergland, Richard Ready and Eirik Romstad 12. Empirical Behaviour Models on Timber Supply Jari Kuuluvainen, Ibrahim Moulifla Favada and Jussi Uusivuori 13. Travelling Waves in a Modified Hotelling Population Model Tönu Puu 14. The Optimal Control of a Stock Pollutant with Sunk Capital and Endogenous Risk of Catastrophic Damages Urvashi Narain and Anthony Fisher 15. Environmental Performance in Swedish Manufacturing, 1913–1990 Bert M. Balk, Runar Brännlund, Rolf Färe, Shawna Grosskopf and Magnus Lindmark 16. Assessing the Economic Impacts of Large-Scale Environmental Regulations in California Peter Berck and H. Peter Hess 17. Voluntary Road Pricing Lars Hultkrantz Index

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Book SynopsisThis challenging book takes a broad and thought-provoking look at the precautionary principle and its implementation, or potential implementation, in a number of fields. In particular, it explores the challenges faced by public decision-making processes when applying the precautionary principle, including its role in risk management and risk assessment. Frameworks for improved decision-making are considered, followed by a detailed analysis of prospective applications of the precautionary principle in a number of emerging fields including: nanotechnology, climate change, natural resource management and public health policy. The analysis is both coherent and interdisciplinary, employing perspectives from law, the social sciences and public policy with a view to improving both the legitimacy and effectiveness of public policy at national and international levels.Bringing together authors from both policy making and academia and from a wide range of disciplines and jurisdictions, this book will be of interest to academic scholars interested in environmental policy, law and politics.Trade Review'. . . this book represents a welcome addition to the literature on PP and is recommended for readers interested in risk assessment, decision making and the precautionary principle.' -- Krishna Ravi Srinivas, Political Studies ReviewTable of ContentsContents: Preface 1. Implementing the Precautionary Principle: Perspectives and Prospects Elizabeth Fisher, Judith Jones and René von Schomberg PART I: GENERAL IMPLICATIONS OF THE PRECAUTIONARY PRINCIPLE FOR PUBLIC DECISION MAKING 2. The Precautionary Principle and its Normative Challenges René von Schomberg 3. The Role of Science and Precaution in Environmental and Public Health Policy Joel Tickner and David Kriebel 4. The Precautionary Principle and Catastrophism on Tenterhooks: Lessons from Constitutional Reform in France Olivier Godard 5. Precautionary Policy Assessment for Sustainability Stephen Dovers PART II: THE CHALLENGES INVOLVED IN IMPLEMENTING THE PRECAUTIONARY PRINCIPLE 6. The Precautionary Principle and Administrative Constitutionalism: The Development of Frameworks for Applying the Precautionary Principle Elizabeth Fisher and Ronnie Harding 7. The Burden and Standard of Proof in Environmental Regulation: The Precautionary Principle in an Australian Administrative Context Judith Jones and Simon Bronitt 8. Tr(e)ading Cautiously: Precaution in WTO Decision Making Jan McDonald 9. The Threshold Test of the Precautionary Principle in Australian Courts and Tribunals: Lessons for Judicial Review Warwick Gullett 10. Precautionary Only in Name? Tensions between Precaution and Risk Assessment in the Australian GMO Regulatory Framework Jacqueline Peel PART III: PROSPECTIVE APPLICATIONS OF THE PRECAUTIONARY PRINCIPLE IN SPECIFIC FIELDS 11. A Long and Winding Road? Precaution from Principle to Practice in Biodiversity Conservation Rosie Cooney 12. Climate Change and the Precautionary Principle Jeroen van der Sluijs and Wim Turkenburg 13. The Tension between Fiction and Precaution in Nanotechnology Arie Rip 14. A Framework for the Precautionary Governance of Food Safety: Integrating Science and Participation in the Social Appraisal of Risk Andy Stirling, Ortwin Renn and Patrick van Zwanenburg Index

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Book SynopsisThis major annual publication presents a comprehensive overview of cutting-edge issues in environmental and resource economics. The expert contributors address some of today's most pressing environmental concerns including: pollution control policies Graphical Information Systems (GIS) and spatial analysis disclosure strategies for pollution control environmental policy under imperfect competition transport and the environment optimal forest harvesting. The Yearbook is an essential resource for economists, scholars and practitioners working in environmental and resource economics.Table of ContentsContents: Preface Tom Tietenberg and Henk Folmer 1. The Incidence of Pollution Control Policies Ian W.H. Parry, Hilary Sigman, Margaret Walls and Robertson C. Williams III 2. Geographical Information Systems (GIS) and Spatial Analysis in Resource and Environmental Economics Ian Bateman, Wanhong Yang and Peter Boxall 3. Disclosure Strategies for Pollution Control Susmita Dasgupta, Hua Wang and David Wheeler 4. Environmental Policy Under Imperfect Competition Till Requate 5. Transport and the Environment Piet Rietveld 6. The Faustmann Face of Optimal Forest Harvesting Richard J. Brazee Index

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Book SynopsisCost-Benefit Analysis (CBA) is one of the most useful tools of applied economics for the social appraisal of public projects and government policies. Nick Hanley and Edward Barbier show how CBA can be applied to environmental policy choice and environmental resource management. They cover the conceptual underpinnings of CBA, practical methods for applying CBA, and a wide range of case study applications from Europe, North America and developing countries. Issues such as the value of ecosystem services and the special problems posed for CBA by environmental management are brought into close focus. The textbook is aimed at students on inter-disciplinary courses as well as those studying environmental economics, welfare economics and public policy. It will also be of interest to people in the policy community, NGOs and consultancy sectors.Trade Review'An impressive piece of work that deserves to be on every European agricultural economist's bookshelf.' -- Jean-Christophe Bureau, European Review of Agricultural Economics'This is an excellent text that could be used in specialist academic courses in environmental and natural resource economics, ecological economics and cost-benefit analysis, as well as in interdisciplinary courses in public policy, planning and environmental management.' -- David James, Australasian Journal of Environmental ManagementTable of ContentsContents: 1. Introduction Part I: The Tools 2. The Theoretical Foundations of CBA 3. Stated Preference Approaches to Environmental Valuation 4. Revealed Preference Methods (1): The Travel Cost Model 5. Revealed Preference Methods (2): Hedonic Pricing 6. Valuing the Environment: Production Function Approaches 7. Discounting and the Discount Rate 8. CBA in Developing Countries: What’s Different? Part II: Case Studies 9. Valuing Ecosystem Services 10. Costs and Benefits of Water Quality Improvements 11. Valuing Habitat Protection 12. Cost–Benefit Analysis and Renewable Energy 13. The Strengths and Weaknesses of Environmental CBA Index

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Book SynopsisThis text provides a comprehensive introduction to the important issues of land use and forest economics. The authors employ economic tools to study the allocation of land among alternative activities such as agriculture, grazing and forestry which impact upon the landscape. The book begins by explaining general economic concepts of well-being, welfare measurement and economic rents before providing a synopsis of various environmental economic issues including non-market valuation, cost-benefit analysis and sustainable development. The authors then move on to address several critical topics relating to land use, the conservation of nature and the protection of agricultural land. These include an analysis of agricultural land use from the perspective of urban expansion and the interface between crop production and nature. They also discuss the economics of public lands, range and ranching, forestry, and global climate change in a comprehensive fashion. Throughout the book, the focus is on enhancing welfare for society as a whole, rather than for particular individuals, interest groups or sectors. In this way, the authors present a balanced and just approach to policy decisions regarding the allocation of scarce land resources.Accessible and self-contained, this text will become indispensable to postgraduate and undergraduate students on a range of courses including agricultural and environmental economics, geography and resource management. Although primarily a textbook, it will also provide a useful overview for policymakers, range scientists, public land managers and anyone with an interest in the economic evaluation of rural land use and forestry.Trade Review'The profound contribution of this book is that we find in one place the economic concepts and policy dilemmas pertinent to land-use and to environmental quality. These two aspects are usually treated separately and doing so induces the student to imagine that the way land and forests are used bears no relation to what happens in the water and in the atmosphere. Happily, the integrated approach here shows the importance of these interactions. The book is comprehensive, well written and nicely organized.' -- Daniel W. Bromley, University of Wisconsin, Madison, USTable of ContentsContents: Preface 1. Introduction Part I: General Economic Concepts 2. The Theory of Welfare Measurement 3. Resource Rents and Rent Capture Part II: A Synopsis of Environmental Economics 4. Valuing Nonmarket Benefits 5. Environmental Economics 6. Social Cost–Benefit Analysis 7. Sustainable Development and Conservation Part III: Land Economics 8. Efficiency and Equity in Land-Use Planning 9. Degradation and Conservation of Agricultural Land 10. Economics of Public Lands Part IV: Forest Economics 11. Forest Economics I 12. Forest Economics II 13. Economics of Tropical Deforestation Part V: Land Use and Climate Change 14. Climate Change: Land Use, Land-Use Change and Forestry References Index

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Book SynopsisThis study offers a unique evolutionary economics perspective on energy and innovation policies in the wider context of the transition to sustainable development. The authors include: an analysis of the environmental policy implications of evolutionary economics a critical examination of current Dutch environmental and innovation policies and policy documents systematic evaluation of three specific energy technologies, namely fuel cells, nuclear fusion and photovoltaic cells, within the evolutionary-economic framework. Their analysis results in a number of very specific policy recommendations, which to some extent may be in conflict with current policy advice and practice.Evolutionary Economics and Environmental Policy will appeal to researchers, undergraduate and graduate students in environmental economics, environmental science, public economics and technology studies. It will also be valuable to policy advisors and policymakers whose decisions affect the environment either directly or indirectly.Trade Review'In distinguishing their analysis from neo-classical economics and its focus on representative agents, the authors of this book make a strong case for the role of diversity in explaining energy and environment-related technological innovation. By presenting their case with elegance and insight they also make a strong case for a diversity of approaches within environmental economics itself. While many economists could disagree with some of the conclusions drawn, after reading this volume, most would agree that "evolutionary economics" has much to bring to the economic analysis of environmental policy.' -- Nick Johnstone, OECD Environment Directorate, FranceTable of ContentsContents: Preface 1. Introduction 2. Evolutionary Economics 3. Environmental Policy and Transition Management from an Evolutionary Perspective 4. Evolutionary Policy for Energy Innovations 5. Case Studies 6. Summary and Conclusions References Index

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Book SynopsisOver the past two decades, significant investment has been made into agriculture-related natural resource management research in developing countries. With investors beginning to request the impact of their investments in this research, a review was needed on the economic, social and environmental effects of these projects. Stemming from an effort to address these concerns, this collection of case studies establishes a methodological foundation for impact assessments of NRMR through a discussion of research conducted by the CGIAR around the world. Both micro and macro projects are examined to consider the results of these agricultural and development programs at the farm level as well as on a regional scale.Table of Contents1: Why Natural Resource Management Research? 2: The History of NRM Research in the CGIAR 3: Productivity Enhancement and NRM, NRM Case Studies: What do they tell us? 4: Overview of the Case Studies 5: CIMMYT. Assessing the Impact of NRMR: The Case of Zero Tillage in India's Rice-Wheat Systems 6: CIAT. Impact of Participatory NRMR in Cassava-Based Cropping Systems in Vietnam and Thailand 7: WorldFish Centre. Impact of the Development and Dissemination of Integrated Aquaculture-Agriculture Technologies in Malawi 8: World Agroforestry Centre. Impacts of Improved Tree Fallow Technology in Zambia 9: ICARDA. Ex Post-impact Assessment of NRM Technologies in Crop-Livestock Systems in Dry Areas of Morocco and Tunisia 10: IWMI. Assessing the Outcome of IWMI's Research and Interventions on Irrigation Management Transfer 11: CIFOR. The Sustainability of Forest Management: Assessing the Impact of CIFOR Criteria and Indicators Research : Lessons learned and the Way ahead 12: The Major Lessons from the Case Studies 13: The Way ahead: Impact Assessment of NRM Research

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Book SynopsisThe extreme climate variability that characterizes China's arid rangelands can cause drought and degradation, resulting in dust storms, floods, animal losses, financial hardship and a decline in food availability. Addressing the issues of even greater climate extremes in the future, this book discusses both new approaches and past successes and failures in order to provide the necessary insight to develop sustainable rangeland management strategies, drawing on regional case studies and lessons learned from Australia, Canada and the USA.Table of ContentsA: Part 1. Introduction 1: The context for the study of rangeland degradation and recovery in China’s pastoral lands 2: Historical degradation episodes in China: socio-economic forces and their interaction with rangeland grazing systems since the 1950s B: Part 2. Mechanisms of rangeland degradation and recovery 3: An analysis of the effects of climate variability in northern China over the past five decades on people livestock and plants in the focus areas 4: Mechanisms of degradation in grazed rangelands 5: The mechanisms of soil erosion processes by wind and water in Chinese rangelands 6: Processes in rangeland degradation, rehabilitation and recovery C: Part 3. Case studies of degradation and recovery 7: Hulunbuir grassland, Inner Mongolia 8: Horqin sandy land, Inner Mongolia 9: Xilingole grassland, Inner Mongolia 10: Ordos plateau, Inner Mongolia 11: Hexi corridor, Gansu 12: Alashan Plateau, Inner Mongolia 13: Qinghai-Tibet Plateau Rangelands 14: Northern Xinjiang D: Part 4. The Future - How to prevent the next major degradation episode 15: Land tenure arrangements, property rights and institutional arrangements in the cycles of rangeland degradation and recovery 16: Monitoring and Evaluation as Tools for Rangeland Management 17: How can the next degradation episode be prevented?

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Book SynopsisThe first Handbook of original articles by leading scholars of global environmental politics, this landmark volume maps the latest theoretical and empirical research in this young and growing field. Captured here are the dynamic and energetic debates over concerns for the health of the planet and how they might best be addressed. The introductory chapters explore the intellectual trends and evolving parameters in the field of global environmental politics. They make a case for an expansive definition of the field, one that embraces an interdisciplinary literature on the connections between global politics and environmental change. The remaining chapters are divided into three broad themes - states, governance and security; capitalism, trade and corporations; and knowledge, civil societies and ethics - with each section providing a cohesive discussion of current issues. In-depth explorations are given to topics such as: global commons, renewable energy, the effectiveness of environmental cooperation, regulations and corporate standards, trade liberalization and global environmental governance, and science and environmental citizenship.A comprehensive survey of the latest research, the Handbook is a necessary reference for scholars, students and policymakers in the field of global environmental politics.Trade Review'The book's greatest strength is the range and theoretical ambition of its contributions to regime theory, governance, and international cooperation. . . Recommended. Graduate students, researchers, and faculty.' -- D.L. Feldman, ChoiceTable of ContentsContents: PART I: INTRODUCTION 1. Global Environmental Politics: Handbook Topics and Themes Peter Dauvergne 2. Research in Global Environmental Politics: History and Trends Peter Dauvergne PART II: STATES, GOVERNANCE AND SECURITY 3. Garrett Hardin and Tragedies of Global Commons Marvin S. Soroos 4. Studying the Global Commons: Governance Without Politics? John Vogler 5. Globalization and Environmental Protection on the High Seas Elizabeth R. DeSombre 6. Renewable Energy and International Politics Ian H. Rowlands 7. Effectiveness, Capacity Development and International Environmental Cooperation Stacy D. VanDeveer 8. Why Environmental Politics Looks Different from the South Adil Najam 9. Man, The State and Nature: Rethinking Environmental Security Richard A. Matthew 10. Filthy Rich, Not Dirt Poor! How Nature Nurtures Civil Violence Indra de Soysa 11. Why is There No Unified Theory of Environmental Governance? Oran R. Young PART III: CAPITALISM, TRADE AND CORPORATIONS 12. Towards a Political Economy of Global Environmental Governance Peter Newell 13. Environmental Governance . . . or Government? The International Politics of Environmental Instruments Andrew Jordan, Rüdiger K.W. Wurzel and Anthony R. Zito 14. Environmental Regulation, Certification and Corporate Standards: A Critique Ronnie D. Lipschutz 15. Incentives Affecting Land Use Decisions of Nonindustrial Private Forest Landowners Abigail M. York, Marco A. Janssen and Elinor Ostrom 16. Green Political Economy and the Promise of the Social Economy John Barry and Graham Smith 17. Moving the Earth: Cars and the Dynamics of Environmental Politics Matthew Paterson 18. Transnational Corporations and Global Environmental Governance Jennifer Clapp 19. Environmental Policy and the Environmental Kuznets Curve: Can Developing Countries Escape the Detrimental Consequences of Economic Growth? Matthew A. Cole and Eric Neumayer 20. Trade Liberalization and Global Environmental Governance: The Potential for Conflict Kate O’Neill and William C.G. Burns 21. The Environment, Trade and International Organizations J. Samuel Barkin 22. Race to the Middle: Environmental Politics in the Mercosur Free Trade Agreement Kathryn Hochstetler PART IV: CIVIL SOCIETIES, KNOWLEDGE AND ETHICS 23. Science and Environmental Citizenship Sheila Jasanoff 24. Science and International Environmental Governance Peter M. Haas 25. Knowledge and Global Environmental Policy Marc Williams 26. Vulnerability Analysis and Environmental Governance Marybeth Long Martello 27. Growth and Fragmentation in Expert Networks: The Elusive Quest for Integrated Water Resources Management Ken Conca 28. After Nature: Environmental Politics in a Postmodern Age Paul Wapner 29. Transnational Environmental Harm, Inequity and the Cosmopolitan Response Lorraine Elliott 30. Gaia Theory: Intimations for Global Environmental Politics Karen Litfin Index

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Book SynopsisThe international community is increasingly confronted with global environmental problems, which lead to distributional conflicts, unresolved equity issues and asymmetric distribution of the costs and benefits of environmental policy. The complexity of such problems requires the development of an international institutional framework, capable of coping with the long-run international aspects of global environmental change.This book analyses some of the difficulties in the construction of such a framework and offers suggestions on how they might be overcome. The contributions in The Economics of Global Environmental Change address international trade, land-use change, biodiversity preservation, the management of water resources and the composition of water-related conflicts, global warming and strategic aspects of international environmental agreements.This book provides an in-depth insight to the current state-of-the-art for both economists and non-economists interested in global environmental change. It will also be of great interest to those wanting an introduction to the economic perspective of an increasingly relevant environmental core problem, as well as to students and researchers in political science.Trade Review'An impressive and seminal body of work in compliance with the highest standards of research and scholarship making it an essential addition to academic, corporate, governmental, and environmental organization reference collections, The Economics of Global Environmental Change will prove to be of immense and timely interest to economics, environmentalists, academicians, and non-specialist general readers with an interest in the economic impact of global warming.' -- Midwest Book Review'In this volume, the editors set out to describe the international implications of environmental change and the resulting need for an international solution. . . Of particular value is the section on land use change as well as the comparison of cooperative and non cooperative solutions to climate change. All chapters have extensive bibliographies. . . Highly recommended.' -- B.J. Peterson, ChoiceTable of ContentsContents: PART I: OVERVIEW 1. The Economics of Global Environmental Change Mario Cogoy and Karl W. Steininger PART II: THE ECONOMIC DIMENSIONS OF GLOBAL ENVIRONMENTAL CHANGE 2. International Trade, Environment and Sustainable Development Cees van Beers 3. International Dimensions of Land Use Change Evan Fraser and Klaus Hubacek 4. International Perspectives of Biodiversity Conservation Birgit Friedl, Brigitte Gebetsroither and Michael Getzner 5. Integrated Water Resources Management (IWRM) as a Key for Sustainable Development Thomas Kluge PART III: INTERNATIONAL COOPERATION IN GLOBAL ENVIRONMENTAL CHANGE 6. Possibilities for Cooperation in International Pollution Control Michael Finus 7. International Environmental Agreements and the Case of Global Warming Johan Eyckmans 8. Transforming Environmental and Natural Resource Use Conflicts Simon A. Mason and Adrian Muller Index

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Book SynopsisFor the last 30 years, analysis of the inner workings of the firm has been largely absent from economic assessments of environmental policy. Recent work has highlighted the importance of understanding a firm's commercial motivations, decision-making procedures and organizational structure when designing and implementing public environmental policies. Environmental Policy and Corporate Behaviour responds to this need, investigating the many internal challenges faced by firms seeking to implement new policies and achieve significant and long-lasting environmental progress.The authors provide an in-depth empirical analysis of an industrial survey undertaken in seven OECD countries (Japan, France, Germany, Hungary, Norway, Canada and the United States), spanning 4000 facilities in all manufacturing sectors, including small and medium-sized enterprises. They use their findings to illustrate the links between public (government) environmental policies and private (firm and facility) environmental management, investments, innovation and performance.With a specific focus on the public policy implications of the empirical findings, the book provides a foundation upon which to formulate public and corporate policy in the environmental sphere. Adopting a multi-disciplinary approach, the book will appeal to academics and policymakers with an interest in economics of the environment, as well as presenting business and management perspectives.Table of ContentsContents: Preface 1. Public Environmental Policy an Corporate Behaviour: Project Background, Overview of the Data and Summary Results Nick Johnstone, Céline Serravalle, Pascale Scapecchi and Julien Labonne 2. Environmental Management Systems and Practices: An International Perspective Irene Henriques and Perry Sadorsky 3. Many a Slip ’Twixt the Cup and the Lip’: Direct and Indirect Public Policy Incentives to Improve Corporate Environmental Performance Nick Johnstone, Matthieu Glachant, Céline Serravalle, Nicolas Riedinger and Pascale Scapecchi 4. An Empirical Study of Environmental R&D: What Encourages Facilities to be Environmentally Innovative? Toshi H. Arimura, Akira Hibiki and Nick Johnstone 5. End-of-Pipe or Cleaner Production? An Empirical Comparison of Environmental Innovation Decisions Across OECD Countries Manuel Frondel, Jens Horbach and Klaus Rennings 6. Understanding the Relationship between a Facility’s Environmental and Financial Performance Nicole Darnall, G. Jason Jolley and Bjarne Ytterhus 7. Environmental Policy and Corporate Behaviour: Policy Conclusions Nick Johnstone Annex 1. Government Advisory Group Annex 2. Survey Design and Protocol Index

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Book SynopsisTrade and the environment has become a major issue in international relations, yet the surrounding debate remains polarised and hostile. This book answers the question: Can an international liability regime facilitate international trade while fostering environmental sustainability?On the one hand, the authors argue, international trade is perceived as a major threat to environmental sustainability, whilst on the other, trade and the economic development arising from it is seen as the prerequisite to stronger environmental protection. Nowhere is the debate more acrimonious than over trade in genetically modified organisms. The Biosafety Protocol has been negotiated to govern trade in genetically modified products and includes provisions for an international liability regime to facilitate trade - a subject that has been little studied. This valuable study explores the role, design and potential effectiveness of such a regulating body and addresses questions such as - what are the options for an international environmental liability regime? Why are some options unworkable? Is there a set of options that will achieve the dual goals of trade facilitation and environmental protection? Is international liability the best option for defusing the trade and environment debate?This illuminating book will be an essential read for scholars and students (senior undergraduate as well as postgraduate) of international trade policy, environmental economics, international politics and international law. Individuals working in international organizations, those employed by environmental NGOs and government policy makers will also find much to engage them within this book.Table of ContentsContents: Preface 1. Introduction to Issues in Trade and the Environment 2. An International Institution for Trade and the Environment 3. The Economics of International Liability 4. Options for International Liability Institutions 5. Designing an International Liability Regime for Biotechnology 6. Assessing an International Liability Regime for the Biosafety Protocol 7. Conclusions References Index

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Book SynopsisSocial Impact Assessment (SIA) is the process of analysing and managing the intended and unintended consequences on the human environment of planned interventions (policies, programmes, plans, projects) so as to bring about a more sustainable and equitable biophysical and human environment. This important Handbook presents an indispensable overview of the range of new methods and of the conceptual advances in SIA.Recent increased attention to social considerations has led to substantial development in the techniques useful to, and the thinking in, SIA. A distinguished group of contributors provides an up-to-date and comprehensive account of the cutting-edge in SIA development.This Handbook outlines a new understanding and definition of SIA and, as such, will be an invaluable reference tool for both practitioners and scholars at different levels working in the fields of SIA and environmental studies (including both impact assessment and management).Trade Review'This book provides a valuable addition to the Social Impact Assessment (SIA) literature. While the volume addresses several good examples of "how to" case studies it also firmly addresses the importance of the need for firm conceptual and theoretical guidelines for SIA practice. . . the volume is an excellent contribution to the SIA literature and I highly recommend it to both practitioner and researcher alike.' -- Geoff Syme, Australasian Journal of Environmental Management'An innovative collection which takes social impact assessment to the frontiers of environmental and social policy and citizen awareness. Unusually, this collection includes both sophisticated quantitative tools and equally important chapters on participation, stakeholder involvement and environmental mediation. A most valuable source book.' -- Michael Redclift, King's College, London, UKTable of ContentsContents: Preface 1. Conceptual and Methodological Advances in Social Impact Assessment Frank Vanclay PART I: CONCEPTUAL ADVANCES IN SOCIAL IMPACT ASSESSMENT 2. Undertaking Longitudinal Research Nick Taylor, Colin Goodrich, Gerard Fitzgerald and Wayne McClintock 3. Using Local Knowledge James Baines, Wayne McClintock, Nick Taylor and Brigid Buckenham 4. Learning from Participatory Land Management Neil Powell and Janice Jiggins 5. Integrating Environmental and Social Impact Assessment Roel Slootweg, Frank Vanclay and Marlies van Schooten 6. Conceptualizing Social Change Processes and Social Impacts Marlies van Schooten, Frank Vanclay and Roel Slootweg 7. Integrating Health and Social Impact Assessment Robert Rattle and Roy E. Kwiatkowski 8. An Ecological Model of Wellbeing Davianna Pomaika’i McGregor, Paula Tanemura Morelli, Jon Kei Matsuoka and Luciano Minerbi PART II: METHODOLOGICAL APPROACHES FOR BEST PRACTICE 9. Theory Formation and Application in Social Impact Assessment Henk Becker 10. Computer-based Qualitative Data Methods Gerard Fitzgerald 11. Assessing Gender Impacts Bina Srinivasan and Lyla Mehta 12. Socioeconomic Modelling for Estimating Intergenerational Impacts Gijs Dekkers 13. Using Geographic Information Systems for Cultural Impact Assessment Luciano Minerbi, Davianna Pomaika’i McGregor and Jon Kei Matsuoka 14. Vulnerability and Capacity Measurement Mark Fenton, Sheridan Coakes and Nadine Marshall 15. Citizen Values Assessment Annelies Stolp 16. Involving the Public Richard Roberts 17. Handling Complex Societal Problems Dorien DeTombe 18. Environmental Mediation Helen Ross Index

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Book SynopsisOceans Governance in the Twenty-first Century analyses the development of national, regional and international initiatives and arrangements directed towards governance of the world's seas and oceans.The authors examine those factors that shape oceans governance, as well as the supports and constraints affecting policy development and implementation. In addition, the book invaluably includes discussion of contemporary international and selected regional initiatives - including the development of a maritime policy by the EU. The processes and outcomes that have arisen in the development of oceans policy in Australia, Canada, New Zealand and the US are also summarised. This analysis centres on the key elements of institutional design, policy capacity, and the policy framework adopted as important supports to facilitate integrated oceans management. The book concludes that, despite increased attention to the oceans over the past two decades, major challenges remain, even where states have made concerted efforts to develop new approaches to ocean management.Marcus Haward and Joanna Vince's thorough study will appeal to researchers and academics at under and postgraduate levels working in the field of environmental management, as well as oceans and coastal management and governance. It will also be highly useful to policy makers with responsibilities for oceans and coastal management.Trade Review'This book is recommended for anyone wanting to quickly get up to speed with oceans governance, bearing in mind at this stage it is an immature and quickly developing field. The strength of the book is that it is grounded in real-world examples from four case study countries and in this context at the very least exposes the reader to emergent oceans governance and policy issues. . . an excellent starting point for further analysis of oceans governance and sets up a research agenda for the future.' -- Murray Patterson, Journal of Ecological EconomicsTable of ContentsContents: Preface Introduction 1. Oceans Governance: Concepts, Processes and Practices 2. International Instruments, Initiatives and Institutions 3. Regional Initiatives in Oceans Governance 4. Australia 5. Canada 6. New Zealand 7. United States 8. Conclusion References Index

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Book SynopsisThis book considers the corporate governance of sustainability from a co-evolutionary perspective, exploring the linkages between pro-active approaches at the corporate level, market-based incentives and environmental networks.The contributors contend that governance for sustainable development has not yet been fully formulated, and requires further analysis in the context of policies, the role of the state and the inclusion of corporate and private actors. They question whether the governance of sustainable development goes beyond traditional, state-centred policy-making by aiming for proactive changes of private actors' behaviours at different levels. The discussion also encompasses relevant theory on corporate governance, competition, market failures and regulatory tools. An assessment methodology suitable for empirical network analysis at the meso-level is introduced, and its application is demonstrated using eight case studies. Raimund Bleischwitz and his team of contributing authors draw important conclusions for policy analysis and sustainability assessments and the actors involved. The book will therefore prove an invaluable resource for academics, scholars and policymakers focussing on applied sustainability research, policy analysis and evaluation.Table of ContentsContents: PART I: ANALYSING CORPORATE GOVERNANCE OF SUSTAINABILITY: INSIGHTS FROM RESEARCH AND POLICY ANALYSIS 1. Scope and Main Thesis Raimund Bleischwitz 2. Sustainability as a Business Challenge: The Concept of Responsible Corporate Governance Michael Kuhndt and Burcu Tunçer 3. Competition and Responsible Corporate Governance Oliver Budzinski 4. A Co-evolutionary View on Market and Government Failures Raimund Bleischwitz 5. Outline of Governance Structures: Co-evolution at the Meso-level Raimund Bleischwitz 6. Integrated Systems Analysis José Acosta Fernandez and Stephan Ramesohl 7. Conclusions to Part I Raimund Bleischwitz PART II: NETWORK ANALYSIS AND EVALUATION 8. Overall Approach and Research Premises Thomas Langrock and Raimund Bleischwitz 9. Networks, Decision-Making of Companies and Evalutation: Concepts and Terminology Thomas Langrock and Raimund Bleischwitz 10. Application to Case-Studies: Approach and Appraisal of Results Thomas Langrock, Raimund Bleischwitz and Bettina Bahn-Walkowiak PART III: CASE-STUDIES ON SUSTAINABILITY AT THE MESO-LEVEL 11. ProKlima: Funding for Local Climate Protection Stephan Ramesohl 12. Ecoprofit: Local Learning for Integrated Environmental Technologies Holger Wallbaum 13. PIUS: Product Integrated Environmental Protection Holger Wallbaum 14. Eco-industrial Parks: Burnside and Kalundborg Ulf-Manuel Schubert 15. Energy+: A Public–Private Market Transformation for Household Appliances Stephan Ramesohl 16. Responsible Care Initiative: Transboundary Chemical Network Michael Kuhndt and Burcu Tunçer 17. BP plc: Tradable Permits at Corporate Level Thomas Langrock 18. Dow Jones Sustainability Indexes Oliver Karius PART IV: CONCLUSIONS 19. Conclusions for Policy Analysis and the Emipirical Assessment of Corporate Environmental Networks, for Policymakers and Corporate Actors Raimund Bleischwitz and Bettina Bahn-Walkowiak References Index

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Book SynopsisHow are the economic values of water and water quality accounted for in policy and project appraisal? This important book gives an overview of the state-of-the-art in Cost-Benefit Analysis (CBA) in water resources management throughout Europe and North America, along with an examination of current applications. The distinguished authors highlight problems and challenges encountered in the use of CBA in 15 country-specific case studies. Based on these case studies, the value and limits of CBA in water resources management are assessed and special attention is paid to the institutional and policy context in which CBA is carried out.Cost-Benefit Analysis and Water Resources Management is written for both academics and policymakers interested in the use and usefulness of CBA in water resources management.Trade Review'Water is not just H2O, but has a socioeconomic value for many use and non-use purposes. This volume contains a varied set of very interesting evaluation studies on water resources management. The editors have served the scientific community and relevant policy bodies with a balanced collection of operational contributions to a solid cost-benefit perspective on water management. This book is certainly an eye-opener for anyone interested in the significance of cost-benefit analysis for water policy issues.' -- Peter Nijkamp, VU University Amsterdam, The Netherlands'The book chapters are written to accommodate readers of various disciplines, using a descriptive analysis of complicated issues to be easily comprehended by non-technical readers. The coverage of the issues is also phenomenal, including application of CBA to flood control, river restoration, river basin management, water quality, ground water, and water allocation, to mention only a few. The group of contributing experts is also very impressive, including authoritative practitioners and academicians, all of whom display a high level of expertise and experience. In a world where water becomes a contested scarce resource, the appropriate use of economic tools in a policy context is a very important goal. This book with its authoritative guidance does contribute to achieving it.' -- Ariel Dinar, World Bank and Johns Hopkins School of Advanced International Studies, US'This book provides a solid foundation in the theory and methods of cost-benefit analysis of water resources, along with a wide range of case studies that illustrate the practical aspects of applying cost-benefit analysis. There is much an aspiring cost-benefit practitioner and water resources planner can learn from this volume to improve the economic efficiency of water resource management.' -- John Loomis, Colorado State University, US'This book offers a unique and very coherent collection of ambitious CBA studies of water-related issues. It can be seen as a showcase of the potential, as well as a test on the limits, of cost-benefit analysis. Given the increasing importance of effective and efficient management of water - in response to water scarcity, water pollution and climate trends - the lessons from this book will be very useful to policymakers and social scientists alike.' -- Jeroen van den Bergh, Vrije Universiteit Amsterdam, The NetherlandsTable of ContentsContents: 1. Introduction R. Brouwer and D.W. Pearce 2. Economic Criteria for Water Allocation and Valuation R.A. Young 3. Water as an Economic Good J. Briscoe 4. Appraising Flood Control Investments in the UK D.W. Pearce and R. Smale 5. Cost–benefit Analysis and Flood Control Policy in the Netherlands R. Brouwer and J.M. Kind 6. Cost–benefit Analysis of River Restoration in Denmark A. Dubgaard, M.F. Kallesøe, J. Ladenburg and M.L. Petersen 7. Cost–benefit Analysis and Complex River Basin Management in the Stockholm Archipelago in Sweden P. Frykblom, H. Scharin, T. Söderqvist and A. Helgesson 8. The Costs and Benefits of Implementing the European Urban Waste Water Directive in Greece A. Kontogianni, M. Skourtos, B. Zanou and I.H. Langford 9. Cost–benefit Analysis of the Remedial Action Plan to Improve Water Quality in the Great Lakes in Canada D.P. Dupont and S. Renzetti 10. Benefit–cost Analysis of Regulations Affecting Surface Water Quality in the United States C. Griffiths and W. Wheeler 11. The Costs and Benefits of a Revised European Bathing Water Directive in the Netherlands R. Brouwer and R. Bronda 12. Cost–benefit Analysis of Improved Bathing Water Quality in the United Kingdom as a Result of a Revision of the European Bathing Water Directive S. Georgiou, I.J. Bateman and I.H. Langford 13. Cost–benefit Analysis of Large-Scale Groundwater Remediation in France J.-D. Rinaudo and S. Loubier 14. Cost–benefit Analysis and Efficient Water Allocation in Cyprus B. Groom, P. Koundouri and T. Swanson 15. Cost–benefit Analysis, Water Scarcity and Sustainable Water Use in Spain J. Maestu, P. Campos-Palacín and J. López-Linage 16. Cost–benefit Analysis of Urban Water Supply in Mexico City G. Soto Montes de Oca and I.J. Bateman Index

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Book SynopsisProfessor Sigman has selected the most authoritative previously published papers for this pathbreaking collection. This timely book examines private decision-making and government policy for the management of hazardous waste, the clean-up of contaminated land and the redevelopment of brownfield sites. Issues explored include the success of economic incentive policies such as 'green taxes' and tort liability, environmental decentralization and attitudes toward risk by both regulators and households. The additional focus on empirical analysis will help economists understand this challenging public policy area and will make economic insights accessible to policymakers.Trade Review‘Hilary Sigman’s collection, including her splendid introductory essay, provides a comprehensive and nicely organised treatment of the economics of managing hazardous wastes. The economic perspective offers deep insights into the issues of setting priorities and the design of effective and equitable policies. It’s all here.’ -- Wallace E. Oates, University of Maryland, USTable of ContentsContents: Acknowledgements Introduction Hilary Sigman PART I ACTIVE HAZARDOUS WASTE MANAGEMENT A Waste Management Choices 1. Clifford S. Russell (1988), ‘Economic Incentives in the Management of Hazardous Wastes’ 2. Anna Alberini and John Bartholomew (1999), ‘The Determinants of Hazardous Waste Disposal Choice: An Empirical Analysis of Halogenated Solvent Waste Shipments’ 3. Hilary Sigman (1998), ‘Midnight Dumping: Public Policies and Illegal Disposal of Used Oil’ 4. Sarah L. Stafford (2006), ’Rational or Confused Polluters? Evidence from Hazardous Waste Compliance’ B Geography of Waste Management 5. Arik Levinson (1999), ‘NIMBY Taxes Matter: The Case of State Hazardous Waste Disposal Taxes’ 6. James T. Hamilton (1993), ‘Politics and Social Costs: Estimating the Impact of Collective Action on Hazardous Waste Facilities’ 7. Howard Kunreuther and Paul R. Kleindorfer (1986), ‘A Sealed-Bid Auction Mechanism for Siting Noxious Facilities’ 8. Daniel E. Ingberman (1995), ‘Siting Noxious Facilities: Are Markets Efficient?’ 9. Bruno S. Frey, Felix Oberholzer-Gee and Reiner Eichenberger (1996), ‘The Old Lady Visits Your Backyard: A Tale of Morals and Markets’ 10. Brian R. Copeland (1991), ‘International Trade in Waste Products in the Presence of Illegal Disposal’ PART II CLEANUP OF CONTAMINATED SITES A How Clean is Clean? 11. Ted Gayer, James T. Hamilton and W. Kip Viscusi (2002), ‘The Market Value of Reducing Cancer Risk: Hedonic Housing Prices with Changing Information’ 12. Katherine Kiel and Jeffrey Zabel (2001), ‘Estimating the Economic Benefits of Cleaning Up Superfund Sites: The Case of Woburn, Massachusetts’ 13. Kent D. Messer, William D. Schulze, Katherine F. Hackett, Trudy A. Cameron and Gary H. McClelland (2006), ‘Can Stigma Explain Large Property Value Losses? The Psychology and Economics of Superfund’ 14. Shreekant Gupta, George Van Houtven, and Maureen Cropper (1996), ‘Paying for Permanence: An Economic Analysis of EPA's Cleanup Decisions at Superfund Sites’ 15. W. Kip Viscusi and James T. Hamilton (1999), ‘Are Risk Regulators Rational? Evidence from Hazardous Waste Cleanup Decisions’ B Paying for Cleanup 16. Lloyd S. Dixon (1995), ‘The Transaction Costs Generated by Superfund’s Liability Approach’ 17. Gordon C. Rausser, Leo K. Simon and Jinhua Zhao (1998), ‘Information Asymmetries, Uncertainties and Cleanup Delays at Superfund Sites’ 18. Lewis A. Kornhauser and Richard L. Revesz (1995), ‘Evaluating the Effects of Alternative Superfund Liability Rules’ 19. Anna Alberini and David Austin (2002), ‘Accidents Waiting to Happen: Liability Policy and Toxic Pollution Releases’ C Brownfields 20. James Boyd, Winston Harrington and Molly K. Macauley (1996), ‘The Effects of Environmental Liability on Industrial Real Estate Development’ 21. Kathleen Segerson (1993), ‘Liability Transfers: An Economic Assessment of Buyer and Lender Liability’ 22. Daniel T. McGrath (2000), ‘Urban Industrial Land Redevelopment and Contamination Risk’ 23. Anna Alberini, Alberto Longo, Stefania Tonin, Francesco Trombetta and Margherita Turvani (2005), ‘The Role of Liability, Regulation and Economic Incentives in Brownfield Remediation and Redevelopment: Evidence from Surveys of Developers’ Name Index

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Book SynopsisThis fully updated and comprehensively revised edition of a classic text concentrates on the economics of conserving the living environment. It begins by covering the ethical foundations and basic economic paradigms' essential for understanding and assessing ecological economics. General strategies for global environmental conservation, policies for government intervention, developing countries, preserving wildlife and biodiversity, open-access to and common property in natural resources, conservation of natural areas, forestry, agriculture and the environment, tourism, sustainable development and demographic change are also all covered.This second edition deals with contemporary environmental policy issues that can be expected to be of lasting concern and importance - each chapter benefiting from either the addition of substantial sections of new material, valuable explanations or updates and revisions in light of developments in theory or world events and conditions. Updated techniques of economic analysis are also introduced, explained simply, and applied as appropriate.Economics of Environmental Conservation, Second Edition is written in an engaging and accessible manner and as such will be warmly received by both specialists and non-specialists in economics. It will find a wide readership amongst academics and policymakers in the fields of ecological, environmental and natural resource economics as well as those involved in development studies, environmental management and science, and conservation ecology and biology. Particular chapters will be of interest to those in tourism studies, agriculture, wildlife management and forestry.Trade Review'Tisdell has produced one of the best books in print about the economics of environmental conservation. This volume updates the 1991 edition by discussing more current issues, theories, developments, and analytic frameworks. Tisdell masterfully weaves into many chapters insights from ecological economics - a somewhat new area of economics that cannot be ignored in informed discussions of environmental conservation. . . Tisdell writes clearly and documents each chapter extremely well. He presents a quite balanced view on policy issues, discussing pros and cons of different policies. . . Overall, an extraordinary book. Essential. Academic collections, upper-division undergraduate and up.' -- D.D. Miller, Choice'I like it a lot and would certainly recommend it to students as an excellent entry point into environmental economics. It is certainly comprehensive, covering international through to local environmental issues, developed and developing country experiences across both "green" and "brown" topics. The book is written in a highly accessible style and embodies a rigorous theoretical base on which is developed a host of practical examples of application. This reflects Tisdell's wide ranging experience as one of the "senior statesmen" of environmental economics.' -- Jeff Bennett, The Australian National University'A second edition of this book is to be warmly welcomed. The insights it offers into the sustainable use of ecological resources, especially in developing countries, are important for those coming to the study of environmental, resource or ecological economics for the first time. While the treatment of new topics such as globalization and the Environmental Kuznets Curve adds value to the original text, the inclusion of much material from the first edition helps remind us that there is a rich and long-standing literature on this topic.' -- Charles Perrings, University of York, UK'In the second edition of Economics of Environmental Conservation Clem Tisdell applies wisdom, experience and carefully developed economic theory to dozens of conservation issues. The result is a wide ranging book that skillfully employs ecological economics to analyse conservation issues drawn often from Australia and Asia and relevant in many countries. The policy options proposed to the diverse conservation issues reflect a philosophy developed during more than thirty years research. The book is a rich source of insight and inspiration for anyone analysing environmental conservation issues.' -- Ross Cullen, Lincoln University, New ZealandTable of ContentsContents: Preface 1. Economics and the Living Environment 2. Global Conservation Strategies and Concerns 3. Markets and Government Intervention in Environmental Conservation 4. Environmental Conservation in Developing Countries 5. Preservation of Wildlife and Genetic Diversity 6. Open-Access, Common-Property and Natural Resource Management 7. Economics of Conserving Natural Areas and Valuation Techniques 8. Forestry, Trees and Conservation 9. Agriculture and the Environment 10. Tourism, Outdoor Recreation and the Natural Environment 11. Sustainable Development and Conservation 12. Population, Economic Growth, Globalisation and Conservation: A Concluding Perspective Index LIST OF MOST SIGNIFICANT CHANGES IN CLEM TISDELL'S SECOND EDITION OF ECONOMICS OF ENVIRONMENTAL CONSERVATION COMPARED TO 1ST EDITION ORGANISED BY CHAPTERS Chapter 1 Contains a new section on “Uncertainty, welfare and environmental issues”. Chapter 2 Has been renamed “Global conservation strategies and concerns” updated, and a new section added: “Significant differences between Caring for the Earth and the World Conservation Strateg.” Chapter 3 • A slight alteration of chapter title has been made so that it now reads: “Markets and government intervention in environmental conservation”. • A new introductory section has been added in order to place the market system within a set of social mechanisms for environmental management. This enables market mechanisms to be seen in context. Also in this new section the possibility of using market mechanisms for resource management is related to property rights and the scope for excludability on the one hand, and rivalry or competitiveness in the use of resources on the other. This is important because it specifies (classifies) the prospects for using markets to efficiently manage environmental resources. • New material is added to provide a simplified exposition of the theory of Paretian relevant and irrelevant environmental externalities. • Tradeable environmental rights are added as one mechanism for managing adverse environmental externalities. Chapter 4 • Additional illustrations and examples of issues involving environmental conservation in developing countries have been put in the text. • A final section is added to provide concluding observations on conservation in LDCs. Chapter 5 Several new sections have been added to this chapter to take account of advances in theory and changed world conditions since the 1st edition eg. the development of the total economic value concept the use of GMOs and growing globalisation. Added sections cover the following: • Total economic value and the valuation of wildlife and biodiversity; • Property rights in genetic material, GMOs, and conservation of biodiversity; and • Globalisation, market extension and genetic diversity of domesticated animals and plants. Chapter 6 • The title has been slightly changed and a clearer distinction has been made between open-access resources and communal resources. • There are links back to the property rights discussion in the first section of Chapter 3. • An extra section has been added to clarify and discuss open-access to resources and its regulation. Chapter 7 The title of this chapter has been altered somewhat to better reflect its contents. It is now entitled “Economics of conserving natural resources and valuation techniques.” Several extra sections are added, these include: • “An overview of approaches to estimating the value of non-marketed commodities”. This places the various economic valuation techniques in context. • “Some additional economic valuation techniques”. This introduces choice modelling and mixed techniques, such as the hedonic travel cost method. • “Using total economic values for social choices about resource use.” This provides a further opportunity to put economic valuation techniques in context and to follow-up the use of the total economic valuation technique introduced in Chapter 5. • “Government versus non-government provision of natural areas”. Since the 1st edition, NGOs have become increasingly involved in conservation and this section is added to assess their economic role and the rationale of their involvement. Chapter 8 A new section has been added: “Forest plantations versus natural forests: a discussion”. This addresses an important environmental issue. Chapter 9 A new section has been added entitled “Genetically modified organisms in agriculture: economic and biodiversity issues”. This has been done to keep the chapter on agriculture and the environment abreast of new developments. Chapter 10 Two sections have been added: • “Tourism, conservation and the total economic value of a natural area and economic impact and economic impact analysis”. This enables the practical implications of two different sets of economic concepts to be appreciated and provides cross links to sections in Chapters 5 and 7. • “Sustainability, ecotourism and economics”. This discusses the nature of ecotourism, its economics and whether or not it contributes to sustainability. Chapter 11 A new section has been added entitled “Capital, natural resource conversion and human welfare: further considerations”. This provides an opportunity to relate natural resources to conceptual developments in the theory of capital and provides a more in depth treatment of strong and weak conditions for sustainable development. Chapter 12 This chapter has undergone significant change. Its title is altered to “Population, economic growth, globalisation and conservation: a concluding perspective”. The sections on population levels and population growth have been revised and updated. The following new sections are added: • “Environmental Kuznets curves: do they provide grounds for environmental optimism?” The concept of the environmental Kuznets curve was not in the literature when the 1st edition was produced. • “Is economic globalisation favourable or unfavourable to environmental conservation?” Since the first edition, economic globalisation has increased in importance and the above issue has been hotly debated. Ecological economics provides some important perspectives on it. • The “Concluding remarks” section has been rewritten so as to reflect the major changes in this chapter. Apart from the above, changes have been made in most of the retained sections from the 1st edition (of which only a few have been deleted). For example, to update materials, extra references have been added. However, the essential features of the 1st edition have been retained and no important material from the 1st edition has been discarded. A critically constructive approach is retained. Clem Tisdell 8 February 2005

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Book SynopsisThis essential two-volume collection contains the most influential articles written over the past eight decades that contribute to an understanding of the economics of traffic congestion. The first volume explores the classic contributions on congestion and road pricing and includes papers in dynamic models and second-best congestion pricing. The second volume analyses ownership arrangements such as private roads, investment and financing, urban land use, social acceptability and distributional aspects of road pricing.Erik Verhoef has written an insightful introduction which provides a clear overview of a problem which is of major importance in both developed and developing countries.Table of ContentsContents: Volume I Acknowledgements Introduction Erik T. Verhoef PART I CONGESTION AND ROAD PRICING: CLASSIC CONTRIBUTIONS 1. A.C. Pigou (1920), ‘Divergences between Marginal Trade Net Product and Marginal Individual Net Product’ 2. F. H. Knight (1924), ‘Some Fallacies in the Interpretation of Social Cost’ 3. John Glen Wardrop (1952), ‘Some Theoretical Aspects of Road Traffic Research’ 4. Martin Beckmann, C.B. McGuire and Christopher B. Winsten (1956), ‘Equilibrium’ and ‘Efficiency’ 5. M.J. Lighthill and G.B. Whitham (1955), ‘On Kinematic Waves. II: A Theory of Traffic Flow on Long Crowded Roads’ 6. Paul I. Richards (1956), ‘Shock Waves on the Highway’ 7. A.A. Walters (1961), ‘The Theory and Measurement of Private and Social Cost of Highway Congestion’ 8. William S. Vickrey (1963), ‘Pricing in Urban and Suburban Transport’ 9. Dietrich Braess, Anna Nagurney and Tina Wakolbinger (2005), ‘On a Paradox of Traffic Planning’ [Translated from the German: D. Braess (1968), ‘Über ein Paradoxon aus der Verkehrsplanung’] PART II DYNAMIC MODELLING 10. William S. Vickrey (1969), ‘Congestion Theory and Transport Investment’ 11. Kenneth A. Small (1982), ‘The Scheduling of Consumer Activities: Work Trips’ 12. Richard Arnott, André de Palma and Robin Lindsey (1993), ‘A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand’ 13. Carson E. Agnew (1976), ‘Dynamic Modeling and Control of Congestion-Prone Systems’ 14. G.F. Newell (1988), ‘Traffic Flow for the Morning Commute’ 15. Xuehao Chu (1995), ‘Endogenous Trip Scheduling: The Henderson Approach Reformulated and Compared with the Vickrey Approach’ PART III SECOND-BEST CONGESTION PRICING 16. H. Lévy-Lambert (1968), ‘Pricing of Variable-Quality Services – Application to Road Tolls’ [Translated from the French: ‘Tarification des Services à Qualité Variable: Application aux Péages de Circulation’] 17. Maurice Marchand (1968), ‘A Note on Optimal Tolls in an Imperfect Environment’ 18. Erik Verhoef, Peter Nijkamp and Piet Rietveld (1996), ‘Second-Best Congestion Pricing: The Case of an Untolled Alternative’ 19. Ralph M. Braid (1996), ‘Peak-Load Pricing of a Transportation Route with an Unpriced Substitute’ 20. B. De Borger, S. Proost and K. Van Dender (2005), ‘Congestion and Tax Competition in a Parallel Network’ 21. David M. Levinson (2000), ‘Revenue Choice on a Serial Network’ 22. Erik T. Verhoef (2002), ‘Second-best Congestion Pricing in General Networks. Heuristic Algorithms for Finding Second-Best Optimal Toll Levels and Toll Points’ 23. Agachai Sumalee, Tony May and Simon Shepherd (2005), ‘Comparison of Judgmental and Optimal Road Pricing Cordons’ 24. Se-il Mun, Ko-ji Konishi and Kazuhiro Yoshikawa (2003), ‘Optimal Cordon Pricing’ 25. Richard Arnott, André de Palma and Robin Lindsey (1990), ‘Economics of a Bottleneck’ 26. Richard Arnott and Marvin Kraus (1998), ‘When Are Anonymous Congestion Charges Consistent with Marginal Cost Pricing?’ 27. Inge Mayeres and Stef Proost (2001), ‘Marginal Tax Reform, Externalities and Income Distribution’ 28. Ian W.H. Parry and Antonio Bento (2000), ‘Revenue Recycling and the Welfare Effects of Road Pricing’ 29. André De Palma and Robin Lindsey (1998), ‘Information and Usage of Congestible Facilities under Different Pricing Regimes’ 30. Amihai Glazer and Esko Niskanen (1992), ‘Parking Fees and Congestion’ 31. Richard Arnott and John Rowse (1999), ‘Modeling Parking’ 32. Kenneth A. Small and José A. Gómez-Ibáñez (1998), ‘Road Pricing for Congestion Management: The Transition from Theory to Policy’ Volume II Acknowledgements An introduction to both volumes by the editor appears in Volume I PART I PRIVATE ROADS 1. Noel M. Edelson (1971), ‘Congestion Tolls under Monopoly’ 2. David E. Mills (1981), ‘Ownership Arrangements and Congestion-Prone Facilities’ 3. Philip A. Viton (1995), ‘Private Roads’ 4. Louie Nan Liu and John F. McDonald (1998), ‘Efficient Congestion Tolls in the Presence of Unpriced Congestion: A Peak and Off-Peak Simulation Model’ 5. André de Palma and Robin Lindsey (2000), ‘Private Toll Roads: Competition under Various Ownership Regimes’ 6. Eduardo Engel, Ronald Fischer and Alexander Galetovic (1997), ‘Highway Franchising: Pitfalls and Opportunities’ PART II INVESTMENT AND FINANCING 7. Herbert Mohring and Mitchell Harwitz (1962), ‘Highway Taxation and the Magniture of Highway Benefits’, from ‘Benefits and the Tax System’ 8. Theodore E. Keeler and Kenneth A. Small (1977), ‘Optimal Peak-Load Pricing, Investment, and Service Levels on Urban Expressways’ 9. Marvin Kraus (1981), ‘Scale Economies Analysis for Urban Highway Networks’ 10. David M. Newbery (1989), ‘Cost Recovery from Optimally Designed Roads’ 11. William C. Wheaton (1978), ‘Price-induced Distortions in Urban Highway Investment’ 12. John D. Wilson (1983), ‘Optimal Road Capacity in the Presence of Unpriced Congestion’ 13. Edmond L. d’Ouville and John F. McDonald (1990), ‘Optimal Road Capacity with a Suboptimal Congestion Toll’ 14. J. Berechman and D. Pines (1991), ‘Financing Road Capacity and Returns to Scale under Marginal Cost Pricing’ 15. Kenneth A. Small (1999), ‘Economies of Scale and Self-financing Rules with Non-competitive Factor Markets’ 16. Richard Arnott and Marvin Kraus (1998), ‘Self-financing of Congestible Facilities in a Growing Economy’ 17. Hai Yang and Qiang Meng (2002), ‘A Note on “Highway Pricing and Capacity Choice in a Road Network under a Build-Operate-Transfer Scheme”’ PART III CONGESTION, ROAD PRICING AND URBAN LAND USE 18. Robert M. Solow and William S. Vickrey (1971), ‘Land Use in a Long Narrow City’ 19. Robert M. Solow (1973), ‘Congestion Cost and the Use of Land for Streets’ 20. Yitzhak Oron, David Pines and Eytan Sheshinski (1973), ‘Optimum vs. Equilibrium Land Use Pattern and Congestion Toll’ 21. Richard J. Arnott and James G. MacKinnon (1978), ‘Market and Shadow Land Rents with Congestion’ 22. Alex Anas and Rong Xu (1999), ‘Congestion, Land Use, and Job Dispersion: A General Equilibrium Model’ PART IV SOCIAL ACCCEPTABILITY AND DISTRIBUTIONAL ASPECTS OF ROAD PRICING 23. Christopher D. Foster (1974), ‘The Regressiveness of Road Pricing’ 24. Harry W. Richardson (1974), ‘A Note on the Distributional Effects of Road Pricing’ 25. C.D. Foster (1975), ‘A Note on the Distributional Effects of Road Pricing: A Comment’ 26. Harry W. Richardson (1975), ‘A Rejoinder’ 27. Richard Layard (1977), ‘The Distributional Effects of Congestion Taxes’ 28. Richard Arnott, André de Palma and Robin Lindsey (1994), ‘The Welfare Effects of Congestion Tolls with Heterogeneous Commuters’ 29. P.B. Goodwin (1989), ‘The “Rule of Three”: A Possible Solution to the Political Problem of Competing Objectives for Road Pricing’ 30. Kenneth A. Small (1992), ‘Using the Revenues from Congestion Pricing’ Index

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Book SynopsisAs an essential component for economic growth, energy has a significant impact on the global economy. The need to meet growing energy demand has prompted cutting-edge innovation in clean technology in an attempt to realise environmental and cost objectives, whilst ensuring the security of energy supply. This Handbook offers a comprehensive review of the economics of energy, including contributions from a distinguished array of international specialists. It provides a thorough discussion of the major research issues in this topical field of economics.Themes addressed include the theory of energy supply, demand and policy, empirical modelling of energy demand, holistic energy models, an analysis of coal, gas, electricity, oil and the 'markets' within which they operate, and a discussion of the current key energy policy issues. The topics of pricing, transmission, regulation, security, energy efficiency, new technologies and climate change are also discussed.The International Handbook on the Economics of Energy presents a comprehensive overview of the state-of-the-art research making it an indispensable reference for researchers, advanced students, practitioners and policy-makers alike.Table of ContentsContents: Introduction Joanne Evans and Lester C Hunt 1. A Brief History of Energy Roger Fouquet 2. The Theory of Energy Economics: An Overview Thomas Weyman-Jones 3. The Economics of Energy Supply Kenneth B. Medlock III 4. The Theory and Practice of Energy Policy Richard L. Gordon 5. Energy Demand Theory Kenneth B. Medlock III 6. Empirical Modelling of Energy Demand David L. Ryan and André Plourde 7. Economics of Energy Efficiency Grant Allan, Michelle Gilmartin, Peter McGregor, J. Kim Swales and Karen Turner 8. Theoretical Foundations of the Rebound Effect Harry Saunders 9. The Rebound Effect: Definition and Estimation Steve Sorrell 10. Modelling Energy Savings and Environmental Benefits from Energy Policies and New Technologies David L. Ryan and Denise Young 11. Bottom-up Models of Energy: Across the Spectrum Lorna A. Greening and Chris Bataille 12. The Structure and Use of the UK MARKAL Model Ramachandran Kannan, Paul Ekins and Neil Strachan 13. Combining Top Down and Bottom Up in Energy Economy Models Mark Jaccard 14. Computable General Equilibrium Models for the Analysis of Energy and Climate Policies Ian Sue Wing 15. Energy–Economy–Environment Modelling: A Survey Claudia Kemfert and Truong Truong 16. The Oil Security Problem Hillard G. Huntington 17. Petroleum Taxation Carole Nakhle 18. The Behaviour of Petroleum Markets: Fundamentals and Psychologicals in Price Discovery and Formation Dalton Garis 19. The Prospects for Coal in the Twenty-first Century Richard L. Gordon 20. Natural Gas and Electricity Markets W.D. Walls 21. Incentive Regulation of Energy Networks Thomas Weyman-Jones 22. The Economics and Regulation of Power Transmission and Distribution: The Developed World Case Lullit Getachew and Mark N. Lowry 23. The Market Structure of the Power Transmission and Distribution Industry in the Developed World Lullit Getachew 24. Mechanisms for the Optimal Expansion of Electricity Transmission Networks Juan Rosellón 25. Efficiency Measurement in the Electricity and Gas Distribution Sectors Mehdi Farsi and Massimo Filippini 26. Wholesale Electricity Markets and Generators’ Incentives: An International Review Dmitri Perekhodtsev and Seth Blumsack 27. Security of Supply in Large Hydropower Systems: The Brazilian Case Luciano Losekann, Adilson de Oliveira and Getúlio Borges da Silveira 28. Electricity Retail Competition and Pricing: An International Review Seth Blumsack and Dmitri Perekhodtsev 29. Emissions Trading and the Convergence of Electricity and Transport Markets in Australia Luke J. Reedman and Paul W. Graham 30. International Energy Derivatives Markets Ronald D. Ripple 31. The Economics of Energy in Developing Countries Reinhard Madlener 33. Energy Vision to Address Energy Security and Climate Change Christoph W. Frei 33. Current Issues in the Design of Energy Policy Thomas Weyman-Jones Index

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Book SynopsisThis book provides an insight into some of the efforts and actions taken by the rapidly developing economy of Malaysia towards its 'Vision 2020' of becoming a developed country. Renuka Mahadevan explores whether the vision can become reality and not just remain a dream.The purpose of this book is thus to study selected key areas such as structural transformation, total factor productivity growth, human capital and technology development policies as well as poverty and income equality. In addition, the various challenges that Malaysia faces in an increasingly global environment, and its move to a knowledge economy are examined. Based on empirical investigation covering a wide number of topics, policy is critically reviewed and suggestions are made for sustainable growth and development.With a focus on policy in a range of macroeconomic topics, Sustainable Growth and Economic Development will be of interest to policy analysts and researchers in development economics.Trade Review'The greatest advantage of this book is that the analyses are undertaken from the viewpoint of standard economics, not that of political economy. . . this book is valuable for readers who wish to analyze the Malaysian economy from the viewpoint of standard economics. The book provides full data concerning every field of the Malysian economy, from macroeconomic indices to those of labor, education, and so on, the analyses using standard techniques in econometrics and concise reviews of related policies. In particular, the analyses identifying the factors of the past high growth of the Malaysian economy in the first half of the book are very informative and are outstanding among the literature in this field. . . the book contains valuable analyses of Malaysia which accurately reflect the title. This book is suitable for economists who are newcomers to the Malaysian economy, and is also recommended for specialists on the Malaysian economy, who may be bogged down in the depths of the Malaysian political economy and wish to refresh their brains by seeing this "unique" country analyzed in the same manner as other "ordinary" countries.' -- Satoru Kumagai, The Developing EconomiesTable of ContentsContents: Preface 1. Introduction 2. Industrialisation with a Focus on Primary Production 3. Understanding the Drivers of Output Growth 4. Human Capital and Technology Development Policies 5. Leapfrogging into the Knowledge Economy 6. Poverty and Income Inequality 7. Conclusion Bibliography Index

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Book Synopsis`In a world that is possibly threatened by catastrophic climate changes it is more important than ever to augment and modify current systems of national accounts so as to measure welfare in a dynamic context, i.e. move towards social accounting. This outstanding text written by leading names in the field covers all essential aspects of dynamic welfare theory and also goes beyond pure theory by providing discussion of how to go from theory to application.' - Per-Olov Johansson, Stockholm School of Economics, Sweden This concise Handbook examines welfare measurement problems in a dynamic economy, focusing on the welfare-economic foundations for social accounting. With environmental accounting becoming an increasingly important area of research, this timely Handbook assesses the ways in which the system of national accounts should be modified to accurately reflect the social value of economic activity, and how the comprehensive (or `green') net national product ought to be measured. It also addresses the principles for measuring welfare in a community at a given point in time, cost-benefit analysis for measuring welfare change and the principles for measuring sustainability, all of which have played important roles in the development of theories of social accounting. Covering a broad range of topics on environmental accounting such as endogenous risk and social accounting, money metrics welfare measures, public sector aspects of social accounting, dynamic cost-benefit analysis, and genuine saving, this unique Handbook will be a stimulating read for researchers and graduate students focusing on welfare economics and environmental economics.Trade Review‘In a world that is possibly threatened by catastrophic climate changes it is more important than ever to augment and modify current systems of national accounts so as to measure welfare in a dynamic context, i.e. move towards social accounting. This outstanding text written by leading names in the field covers all essential aspects of dynamic welfare theory and also goes beyond pure theory by providing discussion of how to go from theory to application.’ -- Per-Olov Johansson, Stockholm School of Economics, SwedenTable of ContentsContents: 1. An Introduction to the Theory of Social Accounting Thomas Aronsson and Karl-Gustaf Löfgren 2. The Money Metrics Problem in Dynamic Welfare Analysis Karl-Gustaf Löfgren 3. Welfare Measurement, Hyperbolic Discounting and Paternalism Kenneth Backlund and Tomas Sjögren 4. Dynamic Endogenous Risk and Social Accounting Ram Ranjan and Jason F. Shogren 5. Welfare Measurement and Public Goods in a Second-best Economy Thomas Aronsson 6. How are Green National Accounts Produced in Practice? Eva Samakovlis 7. The Theory of Dynamic Cost–Benefit Analysis: Some Recent Advances Chuan-Zhong Li 8. Some Dynamic Economic Consequences of the Climate-Sensitivity Inference Dilemma Martin L. Weitzman 9. Sustainable Consumption Programs John M. Hartwick 10. The Relationship Between Welfare Measures and Indicators of Sustainable Development Geir B. Asheim 11. Genuine Saving, Social Welfare and Rules for Sustainability Kirk Hamilton Index

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Book SynopsisEnvironmental policy, focusing on the control of pollution and on over-exploitation, easily overlooks the extensive range of interconnections between economic activities and natural systems. In this timely book, a number of specialists examine how crucial aspects of complex environmental problems and policy can be dealt with in decentralized governmental systems. Bridging the gap between the conventional environmental federalism literature and advances in environmental and ecological economics that have been made over the last two decades, this innovative book explores alternative solutions to the problem of assigning powers over the environment. It deals with important issues in environmental governance including interjurisdictional contracting, discounting, risk management, eliciting compliance, and environmental accounting - in each case concentrating on the comparative advantage of governments at different jurisdictional levels in implementing optimal policies.Offering a comprehensive approach to environmental policy, this book will be a valuable resource for researchers and students in environmental economics, environmental politics, governance and decentralization. It will also benefit practitioners and policy-makers with responsibilities over the environment.Trade Review'This volume - the second by this editorial team - addresses many of the issues to be resolved if we are to manage environmental public goods efficiently and sustainably. What is the right scale of governance? What makes for effective public-private partnership? What makes governance systems effective? When do we need supranational governance? Given the complex nature of social-ecological systems these are hard questions. Breton and his collaborators answer them in ways that are both convincing and insightful. A very valuable contribution.' -- Charles Perrings, Arizona State University, USTable of ContentsContents: Preface 1. Introduction Albert Breton, Giorgio Brosio, Silvana Dalmazzone and Giovanna Garrone PART I: INSTITUTIONS: ALTERNATIVE SOLUTIONS TO THE PROBLEM OF ASSIGNING POWERS OVER THE ENVIRONMENT 2. Contracts in the Vertical Assignment of Powers Over the Environment Anthony Scott 3. Privatization and Environmental Governance Marcia Valiante 4. The Contribution of Community Institutions to Environmental Problem-Solving Elinor Ostrom 5. Bicameralism and Environmental Legislation Giorgio Brosio 6. Fashioning Entitlements: A Comparative Law and Economic Analysis of the Judicial Role in Environmental Centralization in the United States and Europe Jason Scott Johnston and Michael G. Faure 7. Compliance in Decentralized Environmental Governance Albert Breton and Pierre Salmon PART II: ISSUES IN ENVIRONMENTAL GOVERNANCE: THE COMPARATIVE ADVANTAGE OF DIFFERENT LEVELS OF GOVERNMENT 8. Environmental Federalism with Regards to Accidental Pollution Klaas T. van ’t Veld and Jason F. Shogren 9. Losing the Lands of Plenty? Time Scale and Discounting in Environmental Governance Sarah Lumley 10. Environmental Accounting at Different Levels of Government: The State of the Art Silvana Dalmazzone and Alessandra La Notte Index

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Book SynopsisThis important book provides a comprehensive analysis of technological change and environmental policy within the oil and gas industry. It identifies and measures the impact of technological change, both in market and environmental output sectors and takes steps to identify key causal relationships. The author focuses on the design and implementation of environmental policies that encourage technological progress in the face of the depletion of natural resources and the increasing stringency of environmental regulations. Detailed policy scenarios provide quantitative assessments indicating the significance of the potential benefits of technological change and well-designed environmental policy. With a sophisticated description of innovations within the oil and gas industry, this book will be of great interest to postgraduate students in economics, as well as in public policy, business administration and engineering. It will also appeal to practitioners in the energy industry and energy and environmental policymakers as it demonstrates how successful market and environmental policies can contribute to efficiency by encouraging, rather than inhibiting, technological innovation.Table of ContentsContents: 1. Introduction 2. Technological Change and Resource Depletion 3. Econometric Analysis of Production and Exploration 4. Environmental Regulations and Technological Change: Testing the Porter Hypothesis 5. Sector-Specific Contribution of Innovations: Exploration, Development and Production Technologies 6. Returns to Pollution Abatement and the Environmental Kuznets Curve 7. Direction of Environmental Technological Change: Pollution Saving or Cost Saving? 8. Alternative Technology Indexes 9. Forecasting Energy Supply and Pollution 10. Conclusion Bibliography Index

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Book SynopsisGovernment regulation is necessary to the economic life of all developed countries. However the costs of regulation, in particular the cost estimates employed in the policy-making process, are often hotly debated. Drawing on recent case studies from Europe, this innovative and thoroughly accessible book examines the accuracy of regulatory cost estimates and explores in detail how these costs are calculated, the apparent relationship between ex post and ex ante calculations and why this might be.This is an objective contribution to a debate often characterised by polemic and unfounded claims. With a firm empirical basis, a wide range of case studies are presented to test theories of cost estimation which cover a diverse range of regulation in the areas of air quality and energy, industrial processes and products and agriculture and food.It will be of great interest to academics and researchers of the economics of environmental regulation and public policy. Practical suggestions for improving the accuracy of regulatory cost estimates will be of interest to a variety of economists grappling with regulatory and other impact assessments. The rationale for regulation, outlined in the book, provides a knowledge of the ideas that underpin regulation that will help non-economists (for example from regulated industries and NGOs) to engage in the wider debate about environmental regulation.Table of ContentsContents: Preface PART I: RATIONALE AND OVERVIEW 1. Introduction Paul Ekins, Michael MacLeod and Dominic Moran 2. The Origins and Appraisal of Regulation Michael MacLeod, Dominic Moran, Salman Hussain and Kev Bevan 3. Evidence on Regulatory Cost Estimates and Reasons for Ex Ante/Ex Post Variation Michael MacLeod and Dominic Moran PART II: CASE STUDIES Air Quality and Energy 4. Assessment of the Air Quality Strategy for the UK: Road Transport Sector Winston Harrington and Richard D. Morgenstern 5. Assessment of the Air Quality Strategy for the UK: Electricity Generating Sector Winston Harrington and Richard D. Morgenstern 6. The Cost of Complying with EU Vehicle Emission and Fuel Standards Robin Vanner and Jochem Jantzen 6. The Large Combustion Plants Directive Cécile Des Abbayes and Robin Vanner Industrial Processes and Products 7. The Control of Major Accident Hazards (COMAH) Regulations 1999 (UK) Manuel Lago 8. Ex Post Estimates of Costs to Businesses in the Context of BAT and IPPC Peter Vercaemst, Erika Meynaerts, Diane Huybrechts and Robin Vanner 9. The Cost of Reducing Ozone Depleting Substances in the EU Robin Vanner Food and Agriculture 10. Compliance Costs of Nitrates Reduction Policies in Denmark and the Netherlands Onno Kuik and Robin Vanner 11. The Groundwater Regulations 1998 (UK) Michael MacLeod 12. The Welfare of Farmed Animal (England) (Amendment) Regulations 2003 Michael MacLeod 13. The Food Safety (General Food Hygiene) (Butchers’ Shops) Amendment Regulations 2000 (UK) Michael MacLeod PART III: SYNTHESIS AND CONCLUSIONS 14. Assessing Innovation Dynamics Induced by Environmental Policy Paul Ekins and Andrew Venn 15. Conclusions and Recommendations Paul Ekins and Michael MacLeod Index

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Book SynopsisThis fully updated new edition continues in the vein of its predecessor by viewing cost-benefit analysis as applied welfare economics, while at the same time building on the earlier framework by extending the theory and providing further applications in each chapter. New for this edition are analyses of theory related applications in mental health, condom social marketing programs, female primary education as a means of preventing HIV/AIDS and the pricing of natural gas. Presented in an integrated manner, the theoretical concepts are constructed around the main building blocks of CBA, such as shadow pricing, distribution weights, the social discount rate and the marginal cost of public funds. This edition will cement the book's place as a major and accessible text in the field and will be of great interest to graduate and undergraduate students of welfare economics and microeconomic theory, as well as government economists involved with any area of public policy.Trade ReviewAcclaim for first edition:'The author succeeds in bringing together many interesting real-life applications of CBA in various areas (including among others health, environment and transportation). The examples are well chosen to illustrate the basic issues and show clearly the crucial importance of theoretical and assumptions. Moreover, they are presented in an accessible amethodologicalnd attractive way. For those who know already the principles of CBA, these applications are stimulating and enjoyable reading.' -- Erik Schokkaert, Tijdschrift voor Economie en ManagementTable of ContentsContents: Preface to the First Edition Preface to the Second Edition Part I 1. Introduction to CBA Part II 2. Compensation Tests 3. Consumer Surplus Part III 4. Shadow Prices 5. External Effects 6. Public Goods 7. Risk and Uncertainty 8. Measurement of Intangibles 9. Marginal Cost of Public Funds Part IV 10. Distribution Weights 11. Social Discount Rate Part V 12. User Fees References Index

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Book SynopsisLaboratory and field experiments have grown significantly in prominence over the past decade. The experimental method provides randomization in key variables therefore permitting a deeper understanding of important economic phenomena. This path-breaking volume provides a valuable collection of experimental work within the area of environmental and resource economics and showcases how laboratory and field experiments can be used for both positive and normative purposes.The Handbook provides a timely reminder to social scientists, policymakers, international bodies, and practitioners that appropriate decision-making relies on immediate and sharp feedback, both of which are key features of proper experimentation. This book includes a collection of research that makes use of the experimental method to explore key issues within environmental and resource economics that will prove invaluable for both students and academics working in these areas.Trade Review’Until not much more than 20 years ago, economists frequently lamented the fact that they were limited in their empirical analyses to statistical assessments of market behavior, because controlled economic experiments were (thought to be) infeasible, unethical, or both. Much has changed in the intervening years! In this new volume, John List, Michael Price, and their co-authors provide a diverse set of applications of experimental approaches to the environmental economics realm. This is among the most promising of new areas of research in the economics of the environment, and this book provides a superb point of entry for experts and novices alike.’ -- Robert Stavins, Harvard UniversityTable of ContentsContents: Introduction John A. List and Michael K. Price PART I: ECONOMETRIC APPROACHES FOR EXPERIMENTAL DATA 1. Quasi-Experiments and Hedonic Property Value Methods Christopher F. Parmeter and Jaren C. Pope 2. Institutional Heterogeneity in Social Dilemma Games: A Bayesian Examination Klaus Moeltner, James J. Murphy, John K. Stranlund and Maria Alejandra Velez 3. Analyzing Repeated-Game Economics Experiments: Robust Standard Errors for Panel Data with Serial Correlation Christian A. Vossler PART II: NON-MARKET VALUATION 4. Behavioral Foundations of Environmental Economics and Valuation John K. Horowitz, Kenneth E. McConnell and James J. Murphy 5. Values of Gains and Losses: Reference States and Choice of Measure Jack L. Knetsch 6. Value and Outcome Uncertainty as Explanations for the WTA vs WTP Disparity William S. Neilson, Michael McKee and Robert P. Berrens PART III: EMISSIONS TRADING AND AMBIENT TAXES 7. Regulatory Instruments for Monitoring Ambient Pollution Gaston Giordana and Marc Willinger 8. Investment Decisions and Emissions Reductions: Results from Experiments in Emissions Trading Lata Gangadharan, Rachel Croson and Alex Farrell 9. Imperfect Enforcement of Emissions Trading and Industry Welfare: A Laboratory Investigation John K. Stranlund, James J. Murphy and John M. Spraggon PART IV: COMMON POOL RESOURCE GAMES 10. A Tale of Two Carrots: The Effectiveness of Multiple Reward Stages in a Common Pool Resource Game Jan T.R. Stoop, Daan P. van Soest and Jana Vyrastekova 11. Dynamics of Rules and Resources: Three New Field Experiments on Water, Forests, and Fisheries Juan-Camilo Cardenas, Marco Janssen and Francois Bousquet 12. Does Government Regulation Complement Existing Community Efforts to Support Cooperation? Evidence from Field Experiments in Columbia Maria Claudia Lopez, James J. Murphy, John M. Spraggon and John K. Stranlund 13. Fixed Instruments to Cope with Stock Externalities: An Experimental Evaluation Gaston Giordana and Marc Willinger PART V: VOTING AND PUBLIC GOODS 14. Water Managers are Selfish Like Us David Zetland 15. Incentive Compatible Mechanisms for Providing Environmental Public Goods Katherine Silz Carson 16. The Prisoner’s Dilemma as Intergroup Game: An Experimental Investigation Stephan Kroll, John A. List and Charles F. Mason Index

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Book SynopsisR. Quentin Grafton brings together more than 90 previously published articles in this two volume collection on the economics of water resources. The articles featured cover a vast range of subjects, locations and methodologies and are divided into nine broad theme areas including environmental valuation, water pollution, irrigation, residential and non-residential water use and water pricing and management.During a period of increased international environmental awareness and change, this collection identifies the most important and influential pieces and will be an invaluable resource for students and water professionals alike.Trade Review'Some may think that the value addition from the volumes is relatively limited in these days when one can download electronic journals immediately; but one should not underestimate the value of having a collection of hand to read, refer, and then decide on what to download if any. Of especial note are the several survey articles that are also in the volumes. Thank you to Professor Grafton and Edward Elgar for a great set of papers and an elegant publication.' -- Bhanoji Rao, Water Resources Development'. . . a welcome contribution. . . the breadth of coverage in the collection is good, drawing from a wide range of journals, and containing a great number of classic articles. In addition, Grafton provides the authoritative introduction the collection needs. . . The collection covers an important field and provides a useful means for researchers to acquaint themselves with most of the main themes in the water resource economics literature.' -- Paul Metcalfe, Environment and Planning'We have here a wonderfully comprehensive and inspired collection of the best work on this important natural resource. Water remains a seriously problematic political and economic issue throughout the world. These excellent papers will certainly help us to get the economics of water resources right.'BR>- Daniel W. Bromley, University of Wisconsin, Madison, USTable of ContentsContents: Acknowledgements Introduction R. Quentin Grafton PART I ENVIRONMENTAL AND IN-STREAM FLOWS 1. Robert P. Berrens, Philip Ganderton and Carol L. Silva (1996), ‘Valuing the Protection of Minimum Instream Flows in New Mexico’ 2. Bonnie G. Colby (1989), ‘Estimating the Value of Water in Alternative Uses’ 3. John T. Daubert and Robert A. Young (1981), ‘Recreational Demands for Maintaining Instream Flows: A Contingent Valuation Approach’ 4. John W. Duffield, Christopher J. Neher and Thomas C. Brown (1992), ‘Recreation Benefits of Instream Flow: Application to Montana’s Big Hole and Bitterroot Rivers’ 5. LeRoy T. Hansen and Arne Hallam (1991), ‘National Estimates of the Recreational Value of Streamflow’ 6. Clay Landry (1998), ‘Market Transfers of Water for Environmental Protection in the Western United States’ 7. John Loomis and Joseph Cooper (1990), ‘Economic Benefits of Instream Flow to Fisheries: A Case Study of California’s Feather River’ 8. Benjamin M. Simon (1998), ‘Federal Acquisition of Water Through Voluntary Transactions for Environmental Purposes’ 9. Frank A. Ward (1987), ‘Economics of Water Allocation to Instream Uses in a Fully Appropriated River Basin: Evidence From a New Mexico Wild River’ 10. David B. Willis and Norman K. Whittlesey (1998), ‘Water Management Policies for Streamflow Augmentation in an Irrigated River Basin’ PART II ENVIRONMENTAL VALUATION 11. Charles W. Abdalla, Brian A. Roach and Donald J. Epp (1992), ‘Valuing Environmental Quality Changes Using Averting Expenditures: An Application to Groundwater Contamination’ 12. Richard T. Carson and Robert Cameron Mitchell (1993), ‘The Value of Clean Water: The Public’s Willingness to Pay for Boatable, Fishable, and Swimmable Quality Water’ 13. C.H. Green and S.M. Tunstall (1991), ‘The Evaluation of River Water Quality Improvements by the Contingent Valuation Method’ 14. Christopher G. Leggett and Nancy E. Bockstael (2000), ‘Evidence of the Effects of Water Quality on Residential Land Prices’ 15. Mark Morrison, Jeff Bennett and Russell Blamey (1999), ‘Valuing Improved Wetland Quality Using Choice Modeling’ 16. Gregory L. Poe (1998), ‘Valuation of Groundwater Quality Using a Contingent Valuation-damage Function Approach’ 17. Daigee Shaw, Yu-Lan Chien and Yih-Ming Lin (1999), ‘Alternative Approach to Combining Revealed and Stated Preference Data: Evaluating Water Quality of a River System in Taipei’ PART III WATER POLLUTION 18. Dana L. Hoag and Jennie S. Hughes-Popp (1997), ‘Theory and Practice of Pollution Credit Trading in Water Quality Management’ 19. Eithan Hochman, David Zilberman and Richard Just (1977), ‘Internalization in a Stochastic Pollution Model’ 20. Donna J. Lee and Richard E. Howitt (1996), ‘Modeling Regional Agricultural Production and Salinity Control Alternatives for Water Quality Policy Analysis’ 21. Stephen Merrett (2000), ‘Industrial Effluent Policy: Economic Instruments and Environmental Regulation’ 22. Timothy O. Randhir and John G. Lee (1997), ‘Economic and Water Quality Impacts of Reducing Nitrogen and Pesticide Use in Agriculture’ 23. Alfons Weersink and John Livernois (1996), ‘The Use of Economic Instruments to Resolve Water Quality Problems from Agriculture’ PART IV IRRIGATION 24. Janis M. Carey and David Zilberman (2002), ‘A Model of Investment under Uncertainty: Modern Irrigation Technology and Emerging Markets in Water’ 25. Margriet Caswell and David Zilberman (1985), ‘The Choices of Irrigation Technologies in California’ 26. Ujjayant Chakravorty, Eithan Hochman and David Zilberman (1995), ‘A Spatial Model of Optimal Water Conveyance’ 27. A. Dinar and A. Xepapadeas (1998), ‘Regulating Water Quantity and Quality in Irrigated Agriculture’ 28. John Faux and Gregory M. Perry (1999), ‘Estimating Irrigation Water Value Using Hedonic Price Analysis: A Case Study in Malheur County, Oregon’ 29. Richard L. Gardner and Robert A. Young (1988), ‘Assessing Strategies for Control of Irrigation-Induced Salinity in the Upper Colorado River Basin’ 30. Richard E. Just and David Zilberman (1985), ‘Income Distributional Implications of Water Policy Decisions’ 31. Susanne M. Scheierling, John B. Loomis and Robert A. Young (2006), ‘Irrigation Water Demand: A Meta-analysis of Price Elasticities’ 32. R.G. Taylor and Robert A. Young (1995), ‘Rural-to-Urban Water Transfers: Measuring Direct Foregone Benefits of Irrigation Water under Uncertain Water Supplies’ PART V GROUNDWATER USE AND MANAGEMENT 33. Gardner Brown, Jr. and Robert Deacon (1972), ‘Economic Optimization of a Single-Cell Aquifer’ 34. Micha Gisser (1983), ‘Groundwater: Focusing on the Real Issue’ 35. Micha Gisser and David A. Sánchez (1980), ‘Competition Versus Optimal Control in Groundwater Pumping’ 36. Petra Hellegers, David Zilberman and Ekko van Ierland (2001), ‘Dynamics of Agricultural Groundwater Extraction’ 37. Keith C. Knapp and Lars J. Olson (1995), ‘The Economics of Conjunctive Groundwater Management with Stochastic Surface Supplies’ 38. Phoebe Koundouri (2004), ‘Current Issues in the Economics of Groundwater Resource Management’ 39. Erik Lichtenberg, David Zilberman and Kenneth T. Bogen (1989), ‘Regulating Environmental Health Risks under Uncertainty: Groundwater Contamination in California’ 40. Bill Provencher and Oscar Burt (1993), ‘The Externalities Associated with the Common Property Exploitation of Groundwater’ 41. Yacov Tsur and Theodore Graham-Tomasi (1991), ‘The Buffer Value of Groundwater with Stochastic Surface Water Supplies’ 42. Virginia E. Worthington, Oscar R. Burt and Richard L. Brustkern (1985), ‘Optimal Management of a Confined Groundwater System’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I RESIDENTIAL AND NON-RESIDENTIAL WATER USE 1. Fernando Arbués, María Ángeles García-Valiñas and Roberto Martínez-Espiñeira (2003), ‘Estimation of Residential Water Demand: A State-of-the-Art Review’ 2. T.A. Cameron and M.B. Wright (1990), ‘Determinants of Household Water Conservation Retrofit Activity: A Discrete Choice Model Using Survey Data’ 3. Diane P. Dupont and Steven Renzetti (2001), ‘The Role of Water in Manufacturing’ 4. Mary E. Renwick and Richard D. Green (2000), ‘Do Residential Water Demand Side Management Policies Measure Up? An Analysis of Eight California Water Agencies’ 5. Mary E. Renwick and Sandra O. Archibald (1998), ‘Demand Side Management Policies for Residential Water Use: Who Bears the Conservation Burden?’ 6. Steven Renzetti (1992), ‘Evaluating the Welfare Effects of Reforming Municipal Water Prices’ 7. Steven Renzetti (1999), ‘Municipal Water Supply and Sewage Treatment: Costs, Prices, and Distortions’ 8. Ellen M. Pint (1999), ‘Household Responses to Increased Water Rates During the California Drought’ PART II RIGHTS, OWNERSHIP AND EFFICIENCY 9. Arunava Bhattacharyya, Elliott Parker and Kambiz Raffiee (1994), ‘An Examination of the Effect of Ownership on the Relative Efficiency of Public and Private Water Utilities’ 10. H. Stuart Burness and James P. Quirk (1979), ‘Appropriative Water Rights and the Efficient Allocation of Resources’ 11. Jasper M. Dalhuisen, Henri L.F. de Groot and Peter Nijkamp (2000), ‘The Economics of Water: A Survey of Issues’ 12. Susan Feigenbaum and Ronald Teeples (1983), ‘Public Versus Private Water Delivery: A Hedonic Cost Approach’ 13. Ronald C. Griffin and Shih-Hsun Hsu (1993), ‘The Potential for Water Market Efficiency when Instream Flows Have Value’ 14. Charles W. Howe, Carolyn S. Boggs and Peter Butler (1990), ‘Transaction Costs as Determinants of Water Transfers’ 15. Charles W. Howe, Dennis R. Schurmeier and W. Douglas Shaw, Jr. (1986), ‘Innovative Approaches to Water Allocation: The Potential for Water Markets’ 16. Ronald N. Johnson, Micha Gisser and Michael Werner (1981), ‘The Definition of a Surface Water Right and Transferability’ 17. Ronald Teeples and David Glyer (1987), ‘Cost of Water Delivery Systems: Specification and Ownership Effects’ PART III WATER DEMAND AND SUPPLY STUDIES 18. Robert M. Clark and Richard G. Stevie (1981), ‘A Water Supply Cost Model Incorporating Spatial Variables’ 19. Jasper M. Dalhuisen, Raymond J.G.M. Florax, Henri L.F. de Groot and Peter Nijkamp (2003), ‘Price and Income Elasticities of Residential Water Demand: A Meta-Analysis’ 20. Julie A. Hewitt and W. Michael Hanemann (1995), ‘A Discrete/Continuous Choice Approach to Residential Water Demand under Block Rate Pricing’ 21. Charles W. Howe and F.P. Linaweaver, Jr. (1967), ‘The Impact of Price on Residential Water Demand and Its Relation to System Design and Price Structure’ 22. Michael L. Nieswiadomy (1992), ‘Estimating Urban Residential Water Demand: Effects of Price Structure, Conservation, and Education’ 23. Joseph V. Terza and W.P. Welch (1982), ‘Estimating Demand under Block Rates: Electricity and Water’ 24. Stephen J. Turnovsky (1969), ‘The Demand for Water: Some Evidence on Consumers’ Response to a Commodity in Uncertain Supply’ 25. J.E. Schefter and E.L. David (1985), ‘Estimating Residential Water Demand under Multi-Part Tariffs Using Aggregate Data’ 26. Ralph Turvey (1976), ‘Analyzing the Marginal Cost of Water Supply’ PART IV WATER PRICING AND MANAGEMENT 27. Eyal Brill, Eithan Hochman and David Zilberman (1997), ‘Allocation and Pricing at the Water District Level’ 28. Michael Moore and Ariel Dinar (1995), ‘Water and Land as Quantity-Rationed Inputs in California Agriculture: Empirical Tests and Water Policy Implications’ 29. James Goldstein (1986), ‘Full-Cost Water Pricing’ 30. Ronald C. Griffin (2001), ‘Effective Water Pricing’ 31. R. Quentin Grafton and Tom Kompas (2007), ‘Pricing Sydney Water’ 32. Charles W. Howe (1982), ‘The Impact of Price on Residential Water Demand: Some New Insights’ 33. R. Huffaker, N. Whittlesey, A. Michelsen, R. Taylor and T. McGuckin (1998), ‘Evaluating the Effectiveness of Conservation Water-Pricing Programs’ 34. James E.T. Moncur (1987), ‘Urban Water Pricing and Drought Management’ 35. R. Manning and D. Gallagher (1982), ‘Optimal Water Pricing and Storage: The Effect of Discounting’ 36. G.C. Dandy, E.A. McBean and B.G. Hutchinson (1984), ‘A Model for Constrained Optimum Water Pricing and Capacity Expansion’ PART V WATER SCARCITY AND RELIABILITY 37. Malin Falkenmark and Jan Lundquist (1998), ‘Towards Water Security: Political Determination and Human Adaptation Crucial’ 38. Ronald C. Griffin and James W. Mjelde (2000), ‘Valuing Water Supply Reliability’ 39. Charles W. Howe and Mark Griffin Smith with Lynne Bennett, Charles M. Brendecke, J. Ernest Flack, Robert M. Hamm, Roger Mann, Lee Rozaklis and Karl Wunderlich (1994), ‘The Value of Water Supply Reliability in Urban Water Systems’ 40. Jay R. Lund (1995), ‘Derived Estimation of Willingness to Pay to Avoid Probabilistic Shortage’ 41. Robert Mendelsohn and Ariel Dinar (2003), ‘Climate, Water, and Agriculture’ 42. Ari M. Michelsen and Robert A. Young (1993), ‘Optioning Agricultural Water Rights for Urban Water Supplies During Drought’ 43. James E.T. Moncur and Richard L. Pollock (1988), ‘Scarcity Rents for Water: A Valuation and Pricing Model’ 44. David Seckler, Randolph Barker and Upali Amarasinghe (1999), ‘Water Scarcity in the Twenty-first Century’ 45. David Zilberman, Andrew Schmitz, Ariel Dinar and Farhed Shah (1993), ‘A Water Scarcity or a Water Management Crisis?’ 46. R. Quentin Grafton and Michael Ward (2008), ‘Prices versus Rationing: Marshallian Surplus and Mandatory Water Restrictions’ PART VI WATER SUPPLY AND DEMAND IN POOR COUNTRIES 47. Mir Anjum Altaf, Dale Whittington, Haroon Jamal and V. Kerry Smith (1993), ‘Rethinking Rural Water Supply Policy in the Punjab, Pakistan’ 48. Samer Madanat and Frannie Humplick (1993), ‘A Model of Household Choice of Water Supply Systems in Developing Countries’ 49. Alexander A. McPhail (1994), ‘Why Don’t Households Connect to the Piped Water System? Observations from Tunis, Tunisia’ 50. D.V. Raje, P.S. Dhobe and A.W. Deshpande (2002), ‘Consumer’s Willingness to Pay More for Municipal Supplied Water: A Case Study’ 51. Wilson S.K. Wasike and Nick Hanley (1998), ‘The Pricing of Domestic Water Services in Developing Countries: A Contingent Valuation Application to Kenya’ 52. Dale Whittington, Donald T. Lauria and Xinming Mu (1991), ‘A Study of Water Vending and Willingness to Pay for Water in Onitsha, Nigeria’ 53. World Bank Water Demand Research Team (1993), ‘The Demand for Water in Rural Areas: Determinants and Policy Implications’ Name Index

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Book SynopsisCorporations, including those in the car industry, are increasingly keen to proclaim their green credentials. But what motivates firms to reduce the environmental impact of their products? Rather than accepting the conventional wisdom, John Mikler addresses this question in a novel way by taking a comparative institutionalist approach informed by the Varieties of Capitalism literature.Focusing on Germany, the US and Japan, the author shows that national variations in capitalist relations of production are central to explaining how the car industry tackles the issue of climate change, such variations are crucial for understanding the normative as well as material basis for firms' motivations.This ground-breaking book will be of great benefit to students and academics, particularly those with an interest in comparative politics, public policy and international political economy. It may also serve as a resource for courses on environmental politics and environmental management as well as aspects of international relations and business/management. Given the book's contemporary policy relevance, it will be a valuable reference for policy practitioners with an interest in industry policy, multinational corporations, the environment, and institutional approaches to comparative politics.Trade Review'This carefully crafted and meticulously documented empirical study, drawing on statistics, the analysis of corporate environmental reports and expert interviews, makes a compelling argument for the important role of varieties of capitalism in motivating car manufacturers' environmental activities. . . Greening the Car Industry is a valuable contribution to academic literature on the role of private actors in global environmental governance and on the drivers of environmental protection activities by corporations. It is not only of interest to scholars dealing with the car industry but also to everyone intrigued by the conundrum of why some globally competing private actors are more protective of the environment than others.' -- Katja Biedenkopf, Global Environmental Politics'. . . fascinating and stimulating book, which is both comprehensive and partial in equal degree.' -- Peter Wells, Journal of Environmental Policy and Planning'Greening the Car Industry is an innovative book in the Varieties of Capitalism tradition. Its interviews and analysis offer rich insights into why the US car industry struggles, particularly on environmental impact, compared to Japanese and German firms. John Mikler shows that regulatory institutions matter, and how they matter. For the car industry at least, more collaborative forms of capitalism show more promise. Mikler gives us a masterpiece of regulatory scholarship.' -- John Braithwaite, The Australian National UniversityTable of ContentsContents: Preface 1. Introduction 2. The Varieties of Capitalism Approach 3. The Car Industry and Climate Change 4. How Rules are Made: State Regulations in the European Union, US and Japan 5. Society as Governance? Social Attitudes and Consumer Demand 6. Firms’ Rationales: Environmental Reporting 7. Firms’ Commitment: Interviews 8. Conclusion Appendices Bibliography Index

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Book SynopsisThis book argues that mainstream economics, with its present methodological approach, is limited in its ability to analyze and develop adequate public policy to deal with environmental problems and sustainable development. Each chapter provides major insights into many of today's environmental problems such as global warming and sustainable growth.Building on the strengths and insights of Post Keynesian and ecological economics and incorporating cutting-edge work in economic complexity, bounded rationality and socio-economic dynamics, this book provides an interdisciplinary approach to deal with a broad range of environmental concerns. The contributors show how and where the two traditions share common ground concerning environmental problems and shed light on how the two schools can learn from one another. The book will be of great value to Post Keynesian and ecological economists as well as to those interested in new approaches to important global environmental issues.Trade Review'Richard P F Holt, Steven Pressman (two leading Post Keynesian economists) and Clive L. Spash (former President of the European Society for Ecological Economics, 1999-2006) have edited a book that will undoubtedly become a major resource for anyone calling to action the heterodox community to pull together a coherent perspective on environmental and sustainability issues.' -- Ali Douai, Economic IssuesTable of ContentsContents: PART I: INTRODUCTION 1. Post Keynesian and Ecological Economics: Alternative Perspectives on Sustainability and Environmental Economics Richard P.F. Holt and Clive L. Spash PART II: METHODOLOGY AND HISTORY OF THOUGHT 2. Recent Developments in Post Keynesian Methodology and their Relevance for Understanding Environmental Issues Andrew Mearman 3. Challenges for Post Keynesian Growth Theory: Utopia Meets Environmental and Social Reality Clive L. Spash and Heinz Schandl 4. The Environmental Case for a Collective Assessment of Economism Richard B. Norgaard 5. The Post Keynesian/Ecological Economics of Kenneth Boulding Robert H. Scott, III 6. Combining Post Keynesian, Ecological and Institutional Economics Perspectives Arild Vatn PART III: CONSUMERS IN THEORY AND PRACTICE 7. Post Keynesian Consumer Choice Theory and Ecological Economics Marc Lavoie 8. Price-based versus Standards-based Approaches to Reducing Car Addiction and Other Environmentally Destructive Activities Peter E. Earl and Tim Wakeley 9. The Socio-Psychology of Achieving Sustainable Consumption: An Example Using Mass Communication Lucia Reisch, Clive L. Spash and Sabine Bietz PART IV: STRUCTURING SYSTEMS OF PRODUCTION 10. Incorporating Biophysical Foundations in a Hierarchical Model of Societal Metabolism John Gowdy, Mario Giampietro, Jesus Ramos-Martin and Kozo Mayumi 11. Theoretical and Policy Issues in Complex Post Keynesian Ecological Economics J. Barkley Rosser, Jr 12. Environmental Innovation: A Post Keynesian Interpretation James Juniper 13. The Sustainable Economic Development of Traditional Peoples James Kahn and Alexandre Rivas 14. Optimize versus Satisfice: Two Approaches to an Investment Policy in Sustainable Development Jerry Courvisanos Index

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Book Synopsis'These two volumes feature pieces by nearly all the important economic thinkers on climate, including Kenneth Arrow, Thomas Schelling, William Nordhaus, Nicholas Stern, and many others. It's a thorough education in this policy topic.'- Natural Hazards ObserverThis two-volume collection brings together critical essays on the economics of climate change, describing advances in the field ranging from the Kyoto Protocol carbon market, to sustainability criteria, international trade, and the management of catastrophic risks.Prepared by one of the leading academics in this pertinent and expanding field and including a new introductory essay to the collection, The Economics of Climate Change will certainly be an important resource for academics and policymakers alike.Trade Review‘These two volumes feature pieces by nearly all the important economic thinkers on climate, including Kenneth Arrow, Thomas Schelling, William Nordhaus, Nicholas Stern, and many others. It’s a thorough education in this policy topic.’ -- Natural Hazards ObserverTable of ContentsContents: Volume I Acknowledgements Introduction Graciela Chichilnisky 1. Amílcar O. Herrera, Hugo D. Scolnik, Graciela Chichilnisky, Gilberto C. Gallopin, Jorge E. Hardoy, Diana Mosovich, Enrique Oteiza, Gilda L. de Romero Brest, Carlos E. Suárez and Luis Talavera (1976), Catastrophe or New Society?: A Latin American World Model 2. Graciela Chichilnisky (1977), ‘Development Patterns and the International Order’ 3. William D. Nordhaus (1991), ‘The Cost of Slowing Climate Change: A Survey’, Energy Journal, 12 (1), 37-65 [29] 4. Geoffrey Heal and Graciela Chichilnisky (1991), ‘Oil as a Double-Edged Sword: The Development of Oil-Producing Countries’ and ‘Oil and the Developing Countries’ 5. Graciela Chichilnisky (1994), ‘North–South Trade and the Global Environment’ 6. United Nations Framework Convention on Climate Change (2000), ‘The Kyoto Protocol of the United Nations Framework Convention on Climate Change’ 7. Raúl Estrada-Oyuela (2000), ‘A Commentary on the Kyoto Protocol’ 8. Graciela Chichilnisky and Kristen A. Sheeran (2009), ‘The Road to Kyoto’ 9. Graciela Chichilnisky (1993), The Abatement of Carbon Emissions in Industrial and Developing Countries 10. Graciela Chichilnisky and Geoffrey Heal (1994), ‘Who Should Abate Carbon Emissions? An International Viewpoint’ 11. Graciela Chichilnisky (1996), ‘The Greening of the Bretton Woods’ 12. Graciela Chichilnisky (1997), Development and Global Finance: The Case for an International Bank for Environmental Settlements 13. Andrea Beltratti (1998), ‘Climate Change and Emission Permits’ 14. Andrea Prat (2000), ‘Efficiency Properties of a Constant–Ratio Mechanism for the Distribution of Tradable Emission Permits’ 15. Graciela Chichilnisky, Geoffrey Heal and David Starrett (2000), ‘Equity and Efficiency in Environmental Markets: Global Trade in Carbon Dioxide Emissions’ 16. Kristen A. Sheeran (2006), ‘Who Should Abate Carbon Emissions? A Note’ 17. Jean-Charles Hourcade and Laurent Gilotte (2000), ‘Differentiated or Uniform International Carbon Taxes: Theoretical Evidences and Procedural Constraints’ 18. Graciela Chichilnisky (2000), ‘Knowledge and the Environment: Markets with Privately Produced Public Goods’ 19. Joaquim Oliveira Martins and Peter Sturm (2000), ‘Efficiency and Distribution in Computable Models of Carbon Emission Abatement’ 20. Graciela Chichilnisky and Geoffrey Heal (2000), ‘Introduction’ 21. Nicholas Stern (2006), ‘Climate Change: Our Approach’ 22. Joseph E. Stiglitz (2006), ‘A New Agenda for Global Warming’ Volume II Acknowledgements 1. Kenneth J. Arrow (2007), ‘Global Climate Change: A Challenge to Policy’ 2. Duncan K. Foley (2007), ‘The Economic Fundamentals of Global Warming’ 3. Joshua S. Gans (2007), ‘Do Voluntary Carbon Offsets Work?’ 4. Graciela Chichilnisky and Geoffrey Heal (1993), ‘Global Environmental Risks’ 5. Graciela Chichilnisky (1996), ‘Markets with Endogenous Uncertainty Theory and Policy’ 6. Graciela Chichilnisky, Geoffrey Heal and Alessandro Vercelli (1998), ‘Introduction’ 7. Thomas C. Schelling (2007), ‘Climate Change: The Uncertainties, the Certainties, and What They Imply About Action’ 8. Graciela Chichilnisky (2000), ‘An Axiomatic Approach to Choice Under Uncertainty with Catastrophic Risks’ 9. Graciela Chichilnisky (1996), ‘An Axiomatic Approach to Sustainable Development’ 10. Graciela Chichilnisky (1997), ‘What is Sustainable Development?’ 11. Graciela Chichilnisky, Geoffrey Heal and Andrea Beltratti (1995), ‘The Green Golden Rule’ 12. Geoffrey Heal (1991), ‘Alternatives to Utilitarianism’ and ‘Depletion Revisited’ 13. Y.H. Farzin (1996), ‘Optimal Pricing of Environmental and Natural Resource Use with Stock Externalities’ 14. Larry Karp (2005), ‘Global Warming and Hyperbolic Discounting’ 15. Larry Karp and Jiangfeng Zhang (2006), ‘Regulation with Anticipated Learning About Environmental Damages’ 16. Tomoki Fujii and Larry Karp (2008), ‘Numerical Analysis of Non-constant Pure Rate of Time Preference: A Model of Climate Policy’ 17. Martin L. Weitzman (2009), ‘On Modeling and Interpreting the Economics of Catastrophic Climate Change’ 18. Graciela Chichilnisky (2009), ‘Avoiding Extinction: Equal Treatment of the Present and the Future’ 19. Graciela Chichilnisky and Geoffrey Heal (1998), ‘Economics Returns from the Biosphere’ 20. Graciela Chichilnisky, The Knowledge Revolution 21. Graciela Chichilnisky and Peter Eisenberger (2009), ‘Energy Security, Economic Development and Global Warming: Addressing Short and Long Term Challenges’ 22. Peter M. Eisenberger, Roger W. Cohen, Graciela Chichilnisky, Nicholas M. Eisenberger, Ronald R. Chance and Christopher W. Jones (2009), ‘Global Warming and Carbon-Negative Technology: Prospects for a Lower-Cost Route to a Lower-Risk Atmosphere’ Name Index

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Book SynopsisThe authors and editors of this book challenge traditional assumptions about economic growth, and develop the elements of a reoriented macroeconomics that takes account both of environmental impacts and social equity. Policies including carbon trading, revenue recycling, and reorientation of private and social investment are analyzed, providing insight into new paths for economic development with flat or negative carbon emissions. These issues will be crucial to macroeconomic and development policies in the twenty-first century.What are the likely economic effects of climate change? What are the costs of substantial action to avert climate change? What economic policies can be effective in responding to climate change? The debate has broad implications for public policy. However, it also raises fundamental questions about economic analysis itself, and moves issues of environmental policy from the microeconomic to the macroeconomic level. Taking global climate change seriously requires a re-examination of macroeconomic goals. Economic growth has been closely linked to expanded use of energy, primarily fossil fuels. The assumption of continuing economic growth, in turn, leads economists to discount future costs, including the generational impacts of climate change. Challenging conventional concepts of growth implies different development paths both for rich and poor nations. This volume brings together contributions from scholars around the world to address these issues. Scholars, researchers and students of economics and development studies along with policymakers and non-governmental organizations will find this insightful book of great interest.Table of ContentsContents: Introduction Jonathan M. Harris and Neva R. Goodwin PART I: THE SCOPE OF THE CHALLENGE 1. Understanding the Challenge of Global Warming Lloyd J. Dumas 2. The New Climate Economics: The Stern Review versus its Critics Frank Ackerman 3. Economics and Climate Change: Resilience, Equity, and Sustainability Neva R. Goodwin 4. The Right to Development in a Climate-Constrained World Paul Baer, Tom Athanasiou and Sivan Kartha PART II: MACROECONOMIC THEORY PERSPECTIVES 5. The Economic Fundamentals of Global Warming Duncan K. Foley 6. Energy Productivity, Labor Productivity, and Global Warming Lance Taylor 7. Macroeconomics and Sustainable Development: Applying the Sustainomics Framework Mohan Munasinghe 8. Ecological Macroeconomics: Consumption, Investment and Climate Change Jonathan M. Harris PART III: POLICY OPTIONS FOR RESPONDING TO CLIMATE CHANGE 9. Cap and Dividend: How to Curb Global Warming While Promoting Income Equity James K. Boyce and Matthew Riddle 10. Policies for Funding a Response to Climate Change Brian Roach 11. The New EU Emissions Trading Scheme: A Blueprint for the Global Carbon Market? Christian Egenhofer 12. Implementation of Sustainable Development in Poland Andrzej Kassenberg 13. Climate Change from the Investor’s Perspective Adam Seitchik Index

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