Environmental Economics : Theory and Policy
Alfred. Endres
Bok Engelsk 2011 · Electronic books.
| Annen tittel | |
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| Utgitt | Cambridge : Cambridge University press , cop. 2011
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| Omfang | 1 online resource (402 p.)
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| Utgave | Revised and extended English edition.
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| Opplysninger | Description based upon print version of record.. - Cover; ENVIRONMENTAL ECONOMICS; Title; Copyright; Contents; Preface; Acknowledgments; Part One: The Internalization of Externalities as a Central Theme of Environmental Policy; A. Foundations; I. Object and Methods of Microeconomic Theory; II. The Equilibrium Concept in Microeconomic Theory; III. The ""Social Optimality"" of Market Equilibrium in the Ideal-Type Economic Model; IV. Divergences between Equilibrium and Social Optimum Due to Externalities: The Problem of ""Market Failure""; V. The Internalization of Externalities to ""Restore"" the ""Lost"" Optimality of Market Equilibrium. - 3. The Negligence Rule and Strict Liability Compared4. Model Prerequisites; III. Problems with Internalizing Externalities through Liability Law; 1. Complete Divergence between Damage and Compensation Payment; 2. Partial Divergence: Partial Damage Discounting with Limitation of Liability; 3. Other Problems; IV. Allocation Effects of Insuring Environmental Risk; 1. Preliminary Remarks; 2. Care Equilibria with Risk Aversion; 3. Care Equilibria with Insurance at a Fair Premium; 4. Care Equilibria with Insurance with Moral Hazard. - 5. Care Equilibria with Insurance with ""Own Risk"" Excess and a Contractually Agreed Level of CareV. The German Environmental Liability Act; VI. U.S. ""Superfund"" Liability; 1. The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA); 2. On the Economics of Joint and Several Strict Liability; C. Pigovian Tax; Exercises; Exercise 2.1; Exercise 2.2; Exercise 2.3; Exercise 2.4; Exercise 2.5; Exercise 2.6; Exercise 2.7; Exercise 2.8; Exercise 2.9; Exercise 2.10; Part Three: Standard-Oriented Instruments of Environmental Policy; A. Introduction. - B. Implications of Making the Concept of Internalization Programmatic in Environmental PolicyI. The Principle of Consumer Sovereignty; II. Ordinality and Cardinality of the Concept of Utility: Willingness to Pay as an Approximation; III. From Individual Utility to Social Welfare: The Aggregation Problem; IV. Consequences; V. Nonetheless: Internalization of Externalities as an Indispensable Component of an Environmental Policy Vision; Exercises; Exercise 1.1; Exercise 1.2; Exercise 1.3; Exercise 1.4; Exercise 1.5; Exercise 1.6; Exercise 1.7; Exercise 1.8; Exercise 1.9; Exercise 1.10. - B. Types of Environmental Policy Instruments. - Part Two: Strategies for Internalizing ExternalitiesA. Negotiations; I. The Coase Theorem; II. Critique and Extensions of the Coase Theorem; 1. Distribution and Allocation; 2. The Bilateral Monopoly between Negotiating Parties; 3. Polluters and Victims as Heterogeneous Groups: The Prisoners Dilemma Problem; 4. Coases Theorem and Environmental Policy: The Problem of Transaction Costs; B. Environmental Liability Law; I. Introduction; II. The Basic Economic Model of Environmental Liability Law; 1. Emission Equilibria under the Negligence Rule; 2. Emission Equilibria under Strict Liability. - This intermediate-level undergraduate textbook in environmental economics builds on the microeconomics courses students take in their first year.
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| Emner | |
| Sjanger | |
| Dewey | |
| ISBN | 9780521173926. - 9781107002142
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