Publisher's Synopsis
This text explores environmental economics from the perspective of four basic questions: how much pollution is too much?; is government up to the job?; how can we do better?; and how can we resolve the global issue?;The book examines a range of topics applicable to modern policy debates, and presents not only the standard analysis, but also full-length treatments of issues at the cutting edge of environmental policy debates. Examples are integrated throughout the chapters concerning non-convexities, incentive-compatible regulation, and macro-level, input-output modelling of environmental impacts.
