Environmental economics: theory and policy
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English German |
| Veröffentlicht: |
New York [u.a.]
Cambridge Univ. Press
2011
|
| Ausgabe: | Rev. and extended engl. ed. |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XIX, 379 S. Ill., graph. Darst. |
| ISBN: | 9781107002142 1107002141 9780521173926 0521173922 |
Internformat
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| 240 | 1 | 0 | |a Umweltökonomie |
| 245 | 1 | 0 | |a Environmental economics |b theory and policy |c Alfred Endres |
| 250 | |a Rev. and extended engl. ed. | ||
| 264 | 1 | |a New York [u.a.] |b Cambridge Univ. Press |c 2011 | |
| 300 | |a XIX, 379 S. |b Ill., graph. Darst. | ||
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Datensatz im Suchindex
| _version_ | 1804143339854888960 |
|---|---|
| adam_text | Contents
Preface
page
xi
Acknowledgments
xix
Part One: The Internalization of Externalities as a Central
Theme of Environmental Policy
1
A. Foundations
1
I. Object and Methods of
Microeconomic
Theory
1
II. The Equilibrium Concept in
Microeconomic
Theory
5
III. The Social Optimality of Market Equilibrium in
the Ideal-Type Economic Model
9
IV. Divergences between Equilibrium and Social
Optimum Due to Externalities: The Problem of
Market Failure
14
V. The Internalization of Externalities to Restore
the Lost Optimality of Market Equilibrium
19
B. Implications of Making the Concept of Internalization
Programmatic in Environmental Policy
22
I. The Principle of Consumer Sovereignty
22
II. Ordinality and Cardinality of the Concept of
Utility: Willingness to Pay as an Approximation
23
III. From Individual Utility to Social Welfare: The
Aggregation Problem
24
IV. Consequences
25
V. Nonetheless: Internalization of Externalities as an
Indispensable Component of an Environmental
Policy Vision
27
Exercises
29
yj Contents
Part Two: Strategies for Internalizing Externalities
32
A. Negotiations
32
I. The
Coase
Theorem
32
II. Critique and Extensions of the
Coase
Theorem
38
1.
Distribution and Allocation
38
2.
The Bilateral Monopoly between Negotiating
Parties
41
3.
Polluters and Victims as Heterogeneous
Groups: The Prisoner s Dilemma Problem
42
4.
Coase s Theorem and Environmental Policy:
The Problem of Transaction Costs
43
B. Environmental Liability Law
50
I. Introduction
50
II. The Basic Economic Model of Environmental
Liability Law
54
1.
Emission Equilibria under the Negligence Rule
54
2.
Emission Equilibria under Strict Liability
57
3.
The Negligence Rule and Strict Liability Compared
58
4.
Model Prerequisites
59
III. Problems with Internalizing Externalities through
Liability Law
60
1.
Complete Divergence between Damage and
Compensation Payment
62
2.
Partial Divergence: Partial Damage
Discounting with Limitation of Liability
63
3.
Other Problems
66
IV. Allocation Effects of Insuring Environmental Risk
68
1.
Preliminary Remarks
68
2.
Care Equilibria with Risk Aversion
70
3.
Care Equilibria with Insurance at a Fair Premium
71
4.
Care Equilibria with Insurance with Moral Hazard
72
5.
Care Equilibria with Insurance with Own
Risk Excess and a Contractually Agreed Level
of Care
73
V. The German Environmental Liability Act
75
VI. U.S. Superfund Liability
81
1.
The Comprehensive Environmental Response,
Compensation, and Liability Act
(CERCLA)
81
2.
On the Economics of Joint and Several Strict
Liability
83
С
Pigovian Tax
93
Exercises
99
Contents
vii
Part Three: Standard-Oriented Instruments of Environmental
Policy
102
A. Introduction
102
B. Types of Environmental Policy Instruments
108
I. Command and Control
108
II. Emissions Taxes
109
III. Transferable Discharge Permits
110
1.
Conceptions
110
2.
Practical Examples: Emissions Trading
Systems in U.S. Environmental Policy
114
С
Assessment of Environmental Policy Instruments
121
I. Cost-Effectiveness
121
1.
The Individual Polluting Firm
121
2.
The Totality of Polluting Firms
123
3.
Graphic Depiction
125
II. Dynamic Incentive Effect
130
III. Ecological Precision
141
1.
Exogenous Emission Standards
141
2.
Time Needed for Adjustment
144
3.
End-Means Interdependence
145
4.
Emission Reduction with No Fixed Target Value
146
5.
Conservation of Natural Falls in Emissions
146
6.
Environmental Policy Covering Several Pollutants
148
7.
Immission-Oriented Environmental Policy
148
8.
Tradable Emission Permits: Gratification of
Environmental Policy Abstinence?
150
Exercises
150
Part Four: Extensions of the Basic Environmental Economics
Model
153
A. Environmental Policy with Pollutant Interactions
153
I. Pollutant Interactions and Environmental Policy
Target Setting
153
II. Linear Interaction
155
III. Concave Interaction
158
IV.
Nonconcave
Interaction
160
V. Conclusion
160
B. Environmental Policy with Imperfect Competition
161
C. Internalization Negotiations with Asymmetrical Information
167
D. The Double Dividend of Green Tax
174
E. The Induction of Advances in Environmental Technology
through Environmental Policy
187
viii Contents
I. Preliminary Remarks
187
II. Internalization of Externalities and Induced
Advances in Environmental Technology
189
III. Standard-Oriented Instruments and Induced
Advances in Environmental Technology
194
IV. The Economics of an Ecological Technology Policy
200
Exercises
201
Part Five: International Environmental Problems
205
A. Introduction
205
B. International Environmental Agreements
210
I. The Game Theoretic Interpretation
211
1.
Global Optimum and Nash Equilibrium
211
2.
The Problem of Incentive Compatibility: The
Individual Rationality and Stability of
International Environmental Agreements
221
3.
An Alternative Description: Global
Environmental Problems as a Static Prisoner s
Dilemma in Normal Form
228
4.
Generalization of the Game Structure
231
5.
Instruments to Enhance the Propensity to Cooperate
235
6.
Coalition Formation in International
Environmental Negotiations
239
7.
Prospects for the Game Theoretic Analysis of
Global Environmental Problems
246
8.
Epilogue: The Prisoner s Dilemma
-
A
Phantom Pain of Game Theorists?
247
II. The Kyoto Protocol from an Economic Viewpoint
250
1.
Presentation
250
2.
Environmental Economics Assessment
256
3.
Prospects
266
С
Instruments of International Environmental Policy
-
The
Example of the European Union s Emissions Trading
270
270
272
273
275
278
279
280
281
I.
Presentation
II.
Environmental Economics Assessment
1.
Ecological Precision
2
Cost-Effectiveness
3.
Dynamic Incentive Effect
4.
Conflicts of Objectives
5,
Emissions Trading and Specific Features of
Climate Protection
6.
Conclusion
Contents ix
D.
Epilogue: The Vision
of
a U.S. Emissions Trading System
282
Exercises
287
Part Six:
Natural
Resources
and Sustainable
Development
290
A.
Resource Exhaustion - The End of Humankind?
290
I.
Introduction
290
IL Social Optimum
and Competitive Equilibrium in
the Exploitation of Exhaustible Resources
-
The
Hotelling Rule
292
III. Climate Policy in Light of the Economics of
Exhaustible Resources
300
B. Renewable Resources
303
I. Bioeconomic Foundations
303
II. The Open Access Problem
304
С
Sustainable Development
307
I. Introduction
307
II. Sustainability as Nondeclining Welfare
308
III. Sustainability as Constant Capital
311
1.
Weak Sustainability
311
2.
Strong Sustainability
312
3.
Critical Sustainability
312
IV. Sustainability Policy
313
V. Incentive Problems of Sustainability
321
Exercises
324
Epilogue: Three Types of Externality and the Increasing
Difficulty of Internalizing Them
326
Solutions to Exercises
329
References
359
Index
377
|
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| dewey-search | 333.7 |
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| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften Umwelt |
| edition | Rev. and extended engl. ed. |
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| language | English German |
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| spelling | Endres, Alfred 1950- Verfasser (DE-588)120758687 aut Umweltökonomie Environmental economics theory and policy Alfred Endres Rev. and extended engl. ed. New York [u.a.] Cambridge Univ. Press 2011 XIX, 379 S. Ill., graph. Darst. txt rdacontent n rdamedia nc rdacarrier Environmental economics Umweltpolitik (DE-588)4078523-3 gnd rswk-swf Umweltökonomie (DE-588)4061638-1 gnd rswk-swf (DE-588)4123623-3 Lehrbuch gnd-content Umweltpolitik (DE-588)4078523-3 s Umweltökonomie (DE-588)4061638-1 s DE-604 Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=020618839&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Endres, Alfred 1950- Environmental economics theory and policy Environmental economics Umweltpolitik (DE-588)4078523-3 gnd Umweltökonomie (DE-588)4061638-1 gnd |
| subject_GND | (DE-588)4078523-3 (DE-588)4061638-1 (DE-588)4123623-3 |
| title | Environmental economics theory and policy |
| title_alt | Umweltökonomie |
| title_auth | Environmental economics theory and policy |
| title_exact_search | Environmental economics theory and policy |
| title_full | Environmental economics theory and policy Alfred Endres |
| title_fullStr | Environmental economics theory and policy Alfred Endres |
| title_full_unstemmed | Environmental economics theory and policy Alfred Endres |
| title_short | Environmental economics |
| title_sort | environmental economics theory and policy |
| title_sub | theory and policy |
| topic | Environmental economics Umweltpolitik (DE-588)4078523-3 gnd Umweltökonomie (DE-588)4061638-1 gnd |
| topic_facet | Environmental economics Umweltpolitik Umweltökonomie Lehrbuch |
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