Description
Bridges the gap between environmental economics as taught in the classroom and the real world of practical regulatory policy evaluation. Focuses on why environmental economics consists mainly of applied cost-benefit analysis, and fashioning a set of coherent questions for analysis. Covers designing appropriate models, reconciling conceptual tools and data, modeling and interpreting social welfare changes, and the incidence of regulatory costs. Annotation copyright Book News, Inc. Portland, Or.
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Conveys more of the texture and content of actual policy issues, the nature of the questions that analysts typically confront and how the basic tools of environmental economics can be applied to those questions. Explains how to develop a coherent set of questions for analysis that can accommodate multiple policy goals and constraints, the complexity of pollution problems and limitations of available information. Includes examples from authentic environmental regulatory policy analyses canvassing such issues as toxic chemicals, global climate change, ozone depletion, solid and hazardous wastes.
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