Books  Sustainable Development  Economics, Business & Industry  Environmental Economics 

The Economic Analysis of Environmental Policy and Law: An Introduction

By: Michael Faure and Goran Skogh

Edward Elgar

Paperback | Mar 2005 | #164168 | ISBN: 1845422929
Availability: Usually dispatched within 6 days Details
NHBS Price: £39.00 $48/€44 approx
Hardback | May 2003 | #136410 | ISBN: 184376234X
Availability: Usually dispatched within 6 days Details
NHBS Price: £95.00 $116/€107 approx

About this book

Although many books focus on law and economics, and environmental economics, this is one of the first to combine the two topics in a fully integrated and comprehensive manner. The authors successfully bridge the gap between the disciplines of environmental law and traditional economics in a lucid and highly accessible style.

'This volume would make an excellent textbook for students of both introductory environmental economics and introductory environmental law. The examples of real world legal problems and environmental policies provide the student with the context within which the basic principles of microeconomics come alive. The scope of economic topics covered is broad and impressive, ranging from the notion of marginal cost to the idea of limits to growth. The authors have created a framework within which it is possible for both law students and economics students to learn from each other's disciplines. A truly remarkable achievement.' - Timothy M. Swanson, University College London, UK


Part I Rights and the environment: principles of environmental policy; exploiting the protection of endangered species; property rights. Part II Resources, prices and sustainable growth: prices and markets; market failures; capital, investments, interests and risks; sustainable growth. Part III Transaction costs and the law: the role of law; balancing benefits and costs; regulation of industry; land use control; tradable permits, charges, and deposits. Part IV Risk and liability: tort law; limits to liability; environmental crime; various instruments at various levels of government.

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