Natural resource economics: the essentials
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York ; London
Routledge
2025
|
| Ausgabe: | Second edition |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Auf dem Cover: Free instructor & student resources Auf der Vortitelseite: The text ... is adapted from the 12th edition of the best-selling "Environmental and Natural Resource Economics" textbook by the same author. |
| Beschreibung: | xvii, 386 Seiten Diagramme |
| ISBN: | 9781032689081 9781032689098 |
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Datensatz im Suchindex
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Contents in Brief Preface Acknowledgments xv xvii PARTI INTRODUCTION TO THE FIELD OF NATURAL RESOURCE ECONOMICS 1 1 Visions of the Future 3 2 The Economic Approach: Property Rights, Externalities, and Environmental Problems 18 3 Evaluating Trade-Offs: Benefit-Cost Analysis and Other Decision-Making Metrics 41 76 4 Valuing the Environment: Methods 5 Ecosystem Services: Nature's Threatened Bounty 118 6 Dynamic Efficiency and Sustainable Development 153 7 Depletable Resource Allocation: The Role of Longer Time Horizons, Substitutes, and Extraction Cost 169 8 Common-Pool Resources: Commercially Valuable Fisheries 190 9 Forests: Storable, Renewable Resources 227 10 Land: A Locationally Fixed, Multipurpose Resource 245 PART II NATURAL RESOURCE ECONOMICS AND CLIMATE CHANGE 263 11 Climate Change: The Role of Energy Policy 265 V
Contents in Brief vi 12 Climate Change: Adaptation: Floods, Wildfires, and Water Scarcity 284 13 Sustainable Development: Meeting the Challenge 319 Answers to Self-Test Exercises Glossary Index 346 360 377
Contents in Full Preface Acknowledgments xv xvii PARTI INTRODUCTION TO THE FIELD OF NATURAL RESOURCE ECONOMICS 1 Visions of the Future Introduction The Self-Extinction Premise Future Environmental Challenges The Climate Change Challenge The Water Accessibility Challenge The Just Transition Challenge The Policy Context How Will Societies Respond? The Role of Economics The Use,of Models The Road Ahead Some Overarching Questions to Guide Our Investigation Summary Discussion Questions Self-Test Exercise Notes Further Reading 1 3 3 3 5 5 6 7 8 9 9 11 11 13 14 15 15 16 16 2 The Economic Approach: Property Rights, Externalities, and Environmental Problems 18 Introduction The Human-Environment Relationship The Economic Approach Economic Efficiency Static Efficiency 18 18 18 20 20 vii
Contents in Full Property Rights Property Rights and Efficient Market Allocations Efficient Property Rights Structures Producer's Surplus, Scarcity Rent, and Long-Run Competitive Equilibrium Externalities as a Source of Market Failure The Concept Introduced Types of Externalities Alternative Property Right Structures and the Incentives They Create Public Goods Imperfect Market Structures Asymmetric Information Government Failure The Pursuit of Efficiency Judicial Liability Rules Legislative and Executive Regulation Summary Discussion Questions Self-Test Exercises Notes Further Reading 22 22 22 23 24 24 25 26 29 32 33 33 34 34 35 37 38 38 39 39 3 Evaluating Trade-Offs: Benefit-Cost Analysis and Other Decision-Making Metrics Introduction Normative Criteria for Decision Making Evaluating Predefined Options; Benefit-Cost Analysis Finding the Optimal Outcome Relating Optimality to Efficiency Comparing Benefits and Costs across Time Dynamic Efficiency Applying the Concepts Pollution Control Estimating Benefits of Carbon Dioxide Emission Reductions Issues in Benefit Estimation Approaches to Cost Estimation The Treatment of Risk Distribution of Benefits and Costs Choosing the Discount Rate Divergence of Social and Private Discount Rates A Critical Appraisal Other Decision-Making Metrics Cost-Effectiveness Analysis Impact Analysis Summary Discussion Questions viii 41 41 41 41 43 44 45 47 48 48 51 54 57 58 61 62 65 66 69 69 70 71 72
Contents in Full Self-Test Exercises Notes Further Reading 4 Valuing the Environment: Methods Introduction Why Value the Environment? Valuation Types of Values Classifying Valuation Methods Stated Preference Methods Contingent Valuation Method Choice Experiments Revealed Preference Methods Benefit Transfer and Meta-Analysis Using Geographic Information Systems to Enhance Valuation Challenges Valuing Human Life Damage Assessments: Loss of Ecosystem Services Summary: Nonmarket Valuation Today Discussion Question Self-Test Exercises Notes Further Reading 5 Ecosystem Services: Nature's Threatened Bounty Introduction The State of Ecosystem Services Economic Analysis of Ecosystem Services Demonstrating the Value of Ecosystem Services The Value of Coral Reefs Valuing Supporting Services: Pollination Valuing Supporting Services: Forests and Coastal Ecosystems Challenges and Innovation in Ecosystem Valuation Institutional Arrangements and Mechanisms for Protecting Nature's Services Payments for Environmental Services (PES) Tradable Entitlement Systems Ecotourism Poverty and Debt Debt-for-Nature Swaps Extractive Reserves The World Heritage Convention Royalty Payments The Special Problem of Protecting Endangered Species Conservation Banking The Agglomeration Bonus Safe Harbor Agreements 72 73 74 76 76 77 79 80 81 82 82 87 95 98 99 100 105 113 113 114 115 115 116 118 118 119 120 120 121 125 127 128 129 129 132 137 141 142 143 143 143 146 146 147 147
Contents in Full Preventing Invasive Species Moving Forward Summary Discussion Questions Self-Test Exercises Notes Further Reading 6 Dynamic Efficiency and Sustainable Development Introduction A Two-Period Model Defining Intertemporal Fairness Are Efficient Allocations Fair? Applying the Sustainability Criterion Implications for Environmental Policy Summary Discussion Question Self-Test Exercises Appendix: The Simple Mathematics of Dynamic Efficiency Notes Further Reading 148 149 149 150 151 151 152 153 153 154 158 159 161 163 164 165 165 166 168 168 7 Depletable Resource Allocation: The Role of Longer Time Horizons, Substitutes, and Extraction Cost 169 Introduction 169 A Resource Taxonomy 170 Efficient Intertemporal Allocations 173 The Two-Period Model Revisited 174 The N-Period Constant-Cost Case 174 Transition to a Renewable Substitute 175 Increasing Marginal Extraction Cost 178 Exploration and Technological Progress 179 Market Allocations of Depletable Resources 181 Appropriate Property Rights Structures 181 Environmental Costs 182 Summary 184 Discussion Question 185 Self-Test Exercises 185 Appendix: Extensions of the Constant-Extraction-Cost Depletable Resource Model: Longer Time Horizons and the Role of an Abundant Substitute 186 The N-Period, Constant-Cost, No-Substitute Case 186 Constant Marginal Cost with an Abundant Renewable Substitute 187 Notes 189 Further Reading 189 X
Contents in Full 8 Common-Pool Resources: Commercially Valuable Fisheries Introduction Efficient Allocations—Bioeconomics Theory The Biological Dimension Static Efficient Sustainable Yield Dynamic Efficient Sustainable Yield Appropriability and Market Solutions Public Policy toward Fisheries Raising the Real Cost of Fishing Taxes Perverse Incentives? Subsidies Catch Share Programs Aquaculture Subsidies and Buybacks Exclusive Economic Zones—The 200-Mile Limit Marine Protected Areas and Marine Reserves Enforcement—Illegal, Unreported, and Unregulated Fish Stocks Summary Discussion Questions Self-Test Exercises Appendix: The Harvesting Decision: Fisheries Notes Further Reading 190 190 192 192 193 196 198 200 202 204 204 205 213 214 216 217 218 221 222 222 223 225 226 9 Forests: Storable, Renewable Resources 227 Introduction Characterizing Forest Harvesting Decisions Special Attributes of the Timber Resource The Biological Dimension The Economics of Forest Harvesting Extending the Basic Model Sources of Inefficiency Perverse Incentives for the Landowner Perverse Incentives for Nations Sustainable Forestry Public Policy Forestry Offsets (Credits) Summary Discussion Questions Self-Test Exercises Appendix: The Harvesting Decision: Forests Notes Further Reading 227 228 228 228 229 232 234 234 236 238 238 240 241 242 242 243 243 244 xi
Contents in Full 10 Land: A Locationally Fixed, Multipurpose Resource Introduction The Economics of Land Allocation Land Use Land-Use Conversion The Ethanol Story The Role of Irrigation The Rise of Organic Food Sources of Inefficient Use and Conversion Sprawl and Leapfrogging Incompatible Land Uses Undervaluing Environmental Amenities The Influence of Taxes on Land-Use Conversion Market Power Special Problems in Developing Countries Innovative Market-Based Policy Remedies Establishing Property Rights Transferable Development Rights Conservation Easements Development Impact Fees Real Estate Tax Adjustments Summary Discussion Question Self-Test Exercises Notes Further Reading 245 246 246 247 247 247 248 248 248 250 250 252 253 255 256 256 257 258 259 259 260 260 261 261 262 PART II NATURAL RESOURCE ECONOMICS AND CLIMATE CHANGE 263 11 Climate Change: The Role of Energy Policy 265 Introduction Future Pathways Energy Efficiency Fuel Switching Beneficial Electrification The Potential Role for Nuclear Energy The Role of Policy in Transitioning to Renewables Policy Design Issues Transition Complexities Dealing with Intermittent Sources Integrating Distributed Energy Sources Access to Critical Resources Summary Discussion Questions xii 245 265 266 266 268 269 270 271 271 274 275 276 278 280 281
Contents in Full Self-Test Exercises Notes Further Reading 12 Climate Change: Adaptation: Floods, Wildfires, and Water Scarcity Introduction—The Role of Adaptation Policy Adaptation and Mitigation—Complements or Substitutes? Climate Adaptation: Flood Risks—Storms, Sea Level Rise, and Storm Surges Flood Insurance in the United States Proactive versus Reactive Adaptation Strategies Flood Insurance around the World Rethinking Flood Insurance Sea Level Rise and the Role for Adaptation Managed Retreat: Buyouts Prioritizing among Adaptation Options in the Presence of Ethical Boundaries Information as an Adaptive Strategy Climate Adaptation: Wildfire Risk and Management Climate Adaptation: Managing Water Shortages The Efficient Allocation of Scarce Water Municipal Water Pricing Full Cost Recovery Pricing Desalination and Wastewater Recycling Roles for Public and Private Institutions Summary Discussion Questions Self-Test Exercises Notes Further Reading 13 Sustainable Development: Meeting the Challenge Introduction The Basic Elements of Sustainable Development The Sufficiency of Market Allocations in Attaining Just, Sustainable Outcomes Market Imperfections The Evolution of the Sustainable Development Concept The Current Sustainable Development Vision inPractice The Evolution of Sustainable Development Metrics Enter Donut Economics Meeting the Challenges The Intergenerational Challenge The Intragenerational Challenge The Evolving Roles of Technology, the Business Community, and Nongovernmental Organizations 281 282 282 284 284 286 288 289 291 292 293 295 297 298 298 300 302 302 305
311 312 314 315 315 316 316 317 319 319 319 320 320 321 322 326 328 330 331 334 337 xiii
Contents in Full xiv Summary Discussion Questions Self-Test Exercise Notes Further Reading 339 342 342 343 344 Answers to Self-Test Exercises Glossary Index 346 360 377 |
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| spelling | Tietenberg, Thomas H. 1942- Verfasser (DE-588)124325548 aut Natural resource economics the essentials Tom Tietenberg and Lynne Lewis Second edition New York ; London Routledge 2025 xvii, 386 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Auf dem Cover: Free instructor & student resources Auf der Vortitelseite: The text ... is adapted from the 12th edition of the best-selling "Environmental and Natural Resource Economics" textbook by the same author. Klimaänderung (DE-588)4164199-1 gnd rswk-swf Ressourcenökonomie (DE-588)4400948-3 gnd rswk-swf Umweltökonomie (DE-588)4061638-1 gnd rswk-swf Ökosystemmanagement (DE-588)7675980-5 gnd rswk-swf Umweltökonomie (DE-588)4061638-1 s Ressourcenökonomie (DE-588)4400948-3 s Klimaänderung (DE-588)4164199-1 s Ökosystemmanagement (DE-588)7675980-5 s DE-604 Lewis, Lynne Y. Verfasser (DE-588)17072655X aut Erscheint auch als Online-Ausgabe 978-1-032-68911-1 Vorangegangen ist 978-0-367-28035-2 978-0-367-28034-5 Digitalisierung UB Bamberg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=035262713&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Tietenberg, Thomas H. 1942- Lewis, Lynne Y. Natural resource economics the essentials Klimaänderung (DE-588)4164199-1 gnd Ressourcenökonomie (DE-588)4400948-3 gnd Umweltökonomie (DE-588)4061638-1 gnd Ökosystemmanagement (DE-588)7675980-5 gnd |
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| title | Natural resource economics the essentials |
| title_auth | Natural resource economics the essentials |
| title_exact_search | Natural resource economics the essentials |
| title_full | Natural resource economics the essentials Tom Tietenberg and Lynne Lewis |
| title_fullStr | Natural resource economics the essentials Tom Tietenberg and Lynne Lewis |
| title_full_unstemmed | Natural resource economics the essentials Tom Tietenberg and Lynne Lewis |
| title_short | Natural resource economics |
| title_sort | natural resource economics the essentials |
| title_sub | the essentials |
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| topic_facet | Klimaänderung Ressourcenökonomie Umweltökonomie Ökosystemmanagement |
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