Books  Sustainable Development  Politics, Policy & Planning  Environmental Policy 

The Theory of Environmental Policy

By: WJ Baumol and WE Oates

299 pages, Figs, tabs

Cambridge University Press

Paperback | Apr 1988 | Edition: 2 | #4595 | ISBN: 0521311128
Availability: Usually dispatched within 6 days Details
NHBS Price: £30.99 $38/€35 approx
Hardback | Apr 1988 | #4594 | ISBN: 0521322243
Availability: Usually dispatched within 6 days Details
NHBS Price: £61.99 $76/€70 approx

About this book

In this book, Professors Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy. They present a formal, theoretical treatment of those factors influencing the quality of life. By covering both the theory of externalities 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 edition, however, they have updated their analysis to incorporate recent research in environmental economics.


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.

Write a review

There are currently no reviews for this product. Be the first to review this product!

Bestsellers in this subject

Climate Governance in the Developing World

NHBS Price: £17.99 $22/€20 approx

Badgered to Death

NHBS Price: £8.99 $11/€10 approx

Recreational Hunting, Conservation and Rural Livelihoods

NHBS Price: £59.99 $73/€67 approx

Environment and Politics

NHBS Price: £29.99 $37/€34 approx