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Economics of the Environment

Theory and Policy

  • Book
  • © 1998

Overview

  • Standard work on environmental economics

  • With a comprehensive presentation of allocation theory and environmental policy approaches

  • New edition with updated data and additional topics

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Table of contents (17 chapters)

  1. Introduction

  2. Static Allocation Aspect

  3. Environmental-Policy Instruments

  4. Environmental Allocation in Space

  5. Environmental Allocation in Time and under Uncertainty

Keywords

About this book

"The labor of nature is paid, not because she does much, but because she does little. In proportion as she becomes niggardly in her gifts, she exacts a greater price for her work. Where she is munificently benefi­ cent, she always works gratis." David Ricardo * This book interprets nature and the environment as a scarce resource. Whereas in the past people lived in a paradise of environmental superabundance, at pre­ sent environmental goods and services are no longer in ample supply. The envi­ ronment fulfills many functions for the economy: it serves as a public-con­ sumption good, as a provider of natural resources, and as receptacle of waste. These different functions compete with each other. Releasing more pollutants into the environment reduces environmental quality, and a better environmen­ tal quality implies that the environment's use as a receptacle of waste has to be restrained. Consequently, environmental disruption and environmental use are by nature allocation problems. This is the basic message of this book.

Authors and Affiliations

  • Kiel Institute of World Economics, Kiel, Germany

    Horst Siebert

Bibliographic Information

  • Book Title: Economics of the Environment

  • Book Subtitle: Theory and Policy

  • Authors: Horst Siebert

  • DOI: https://doi.org/10.1007/978-3-662-11594-7

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 1998

  • eBook ISBN: 978-3-662-11594-7Published: 17 April 2013

  • Edition Number: 5

  • Number of Pages: XIV, 313

  • Topics: Economics, general, Environmental Economics

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