Environmental Economics
eBook - PDF

Environmental Economics

Theory and Policy

Alfred Endres, Iain L. Fraser

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eBook - PDF

Environmental Economics

Theory and Policy

Alfred Endres, Iain L. Fraser

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About This Book

This intermediate-level undergraduate textbook in environmental economics builds on the microeconomics courses students take in their first year. It intentionally does not survey the whole field or present every possible topic. Instead, there is a clear focus on the theory of environmental policy and its practical applications. Most of the applied parts of the book deal with the economics of environmental policy in the European Union and in the United States. The book combines basic environmental economic analysis, such as the internalization of externalities, with recent developments in this field, including induced technical change and coalition theory. Moreover, topics from daily policy debates such as global warming are put into economic perspective. This is done in an intelligible form for advanced undergraduate students of economics, business administration and related fields. Each part of the book contains a set of exercises and suggested solutions.

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Information

Publisher
Cambridge University Press
Year
2010
ISBN
9781139142694
Topic
Economia
Subtopic
Economia ambientale
The
Internalization
of
Externalities
as
a
Central
Theme
of
Environmental
Policy
31
Exercise
1.10
Discuss
the
following
statement:
“The
income
distribution
within
a
country
affects
the
individuals’
willingness
to
pay
for
a
certain
level
of
environmental
quality,
but
not
the
country’s
aggregate
willingness
to
pay,
because
total
income
is
the
sum
of
the
individual
incomes
and
total
willingness
to
pay
is
the
sum
of
individuals’
willingness
to
pay.”

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