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The Theory of Environmental Policy Book

The Theory of Environmental Policy
The Theory of Environmental Policy, By covering the theory of externalitites and its application to environmental policy, the authors have retained the basic structure and organization of the first edition, which has become a standard reference in the field., The Theory of Environmental Policy has a rating of 4.5 stars
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The Theory of Environmental Policy, By covering the theory of externalitites and its application to environmental policy, the authors have retained the basic structure and organization of the first edition, which has become a standard reference in the field., The Theory of Environmental Policy
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  • The Theory of Environmental Policy
  • Written by author William J. Baumol
  • Published by Cambridge University Press, February 1988
  • By covering the theory of externalitites and its application to environmental policy, the authors have retained the basic structure and organization of the first edition, which has become a standard reference in the field.
  • In this book, Professors Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy.
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Preface to the second edition; Preface to the first edition;
1. Introduction: economic and environmental policy;
Part I. On The Theory of Externalities:
2. Relevance and the theory of externalities;
3. Externalities: definition, significant types, and optimal-pricing conditions;
4. Externalities: formal analysis;
5. Uncertainty and the choice of policy instruments: price or quantity controls?;
6. Market imperfections and the number of participants;
7. Are competitive outputs with detrimental externalities necessarily excessive?;
8. Detrimental externalities and nonconvexities in the production set;
9. On optimal pricing of exhaustible resources;
Part II. On The Design of Environmental Policy:
10. Introduction to Part II;
11. Efficiency without optimality: the charges and standards approach;
12. Marketable emission permits for protection of the environment;
13. Stochastic influences, direct controls, and taxes;
14. Taxes versus subsidies: a partial analysis;
15. Environmental protection and the distribution of income;
16. International environmental issues;
17. national or local standards for environmental quality?; Index.


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