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This book unites sixty-three leading researchers in the area of experimental evironmental economics and their latest explorations in its behavioural underpinnings, with the critical advantage of appealing to experimental and non experimental economists.
The Use of Economics in Implementing European Environmental Policy is a timely exploation of the use of the Choice Experiment and Contingent valuation methods in different parts of Europe in order to inform environmental policy. Koundouri focuses predominantly on water, wetland, forest and agricultural management and her book includes results, both methodological and empirical, from a recent research project.
The issues of technology and uncertainty are very much at the heart of the policy debate of how much to control greenhouse gas emissions. The costs of doing so are present and high while the benefits are very much in the future and, most importantly, they are highly uncertain. Whilst there is broad consensus on the key elements of climate change science and agreement that near-term actions are needed to prevent dangerous anthropogenic interference with the climate system, there is little agreement on the costs and benefits of climate policy. The book looks at different ways of reconciling the needs for sustainability and equity with the costs of action now. Presenting a compendium of methodo...
The utilization of natural resources to satisfy worldwide growing consumption of goods and services has severe ecological consequences. Aside from the projected doubling of food consumption in the next fifty years, the growing trade of biofuels and other commodities is a global challenge as the economic activities in the primary sector (i.e. mining, fisheries, aquaculture, forestry and agriculture) can damage biodiversity and ecosystem services. This should be taken into account in the decision-making affecting the global value chains linking consumer, retailer, processor, and producer in the North and the South. To cover the topic of ecosystem services and global trade this book is organize...
Significant advances have occurred in recent years in Europe and in North America in addressing agri-environmental policies, but whilst important institutional and legal differences still exist between the two continents, the sharing of recent scientific advances will benefit scientists on both sides of the Atlantic. This is the main purpose of this book.
Policy and management decisions are often made on financial grounds. However, the economic value of the benefits that people derive from ecosystems, that is, ecosystem services, may not be fully recognised and hence ecosystem considerations may not be incorporated adequately into decision-making processes. This is particularly true for regulating services, the benefits obtained from the regulation of ecosystem processes, the valuation of which requires an interdisciplinary approach. In essence, valuation is a problem solving strategy and a problem is a problem, it does not respect the boundary of any particular discipline. The valuation of regulating services is an evolving field of ecologic...
The existence of environmental dilemmas and political conflicts leads us to appreciate the need for individuals and groups to behave strategically in order to achieve their goals and maintain their wellbeing. Global issues such as climate change, resource depletion, and pollution, as well as revolts and protests against corporations, regimes, and other central authorities, are the result of increased levels of externalities among individuals and nations. These all require policy intervention at international and global levels. This book includes chapters by experts proposing game theoretical solutions and applying experimental design to a variety of social issues related to global and intern...
Putting a price tag on the environment is controversial. The aim of this book is to discuss some of the ethical and political issues arising in the context of applied cost-benefit analysis and environmental valuation - and to do so using economic analysis, but in a language accessible to non-specialists. In particular, the author emphasizes the fundamental, but surprisingly often poorly understood distinction between normative and positive analysis, and the implications of this distinction for practical use of cost-benefit analyses.
Rising fuel prices during recent years and the threat of global warming have reinforced public and scientific interest in the issue of sustainable energy, with the term sustainability understood as having economic, environmental and social dimensions. Renewable energy is seen as an effective means to address several problems simultaneously, including climate change, exploitation of non-renewable resources, the high volatility of energy prices on the global markets, dependency on fuels from politically unstable countries (energy-insecurity) and the transfer of wealth to these countries. This book addresses these and related topics including the diffusion of renewable technologies. Policies to induce sustainable energy use and production are discussed by researchers from a range of different disciplines. The result is a use-oriented and multidisciplinary perspective concerning policies to support sustainable energy use and production, which will be of great use to researchers and academics alike.
Land has long been overlooked in economics. That is now changing. A substantial part of the solution to the climate crisis may lie in growing crops for fuel and using trees for storing carbon. This book investigates the potential of these options to reduce greenhouse gas emissions, estimates the costs to the economy, and analyses the trade-offs with growing food. The first part presents new databases that are necessary to underpin policy-relevant research in the field of climate change while describing and critically assessing the underlying data, the methodologies used, and the first applications. Together, the new data and the extended models allow for a thorough and comprehensive analysis...