Economics of the Environment : Selected Readings

by Stavins, Robert N.; Stavins, R. N.

• ISBN13: 9780393975239
• ISBN10: 0393975231
• Edition: 4th
• Format: Paperback
• Copyright: 2000-01-01
• Publisher: W W Norton & Co Inc

Table of Contents

Introduction	ix
I Overview and Principles	1	(138)
How Economists See the Environment	3	(6)
Don Fullerton
Robert N. Stavins
The Tragedy of the Commons	9	(14)
Garrett Hardin
The Problem of Social Cost	23	(27)
Ronald Coase
Environmental Economics: A Survey	50	(81)
Maureen L. Cropper
Wallace E. Oates
Sustainability: An Economist's Perspective	131	(8)
Robert M. Solow
II The Costs of Environmental Protection	139	(78)
Environmental Regulation and the Competitiveness of U.S. Manufacturing: What does the Evidence Tell Us?	141	(39)
Adam B. Jaffe
Steven R. Peterson
Paul R. Portney
Robert N. Stavins
Toward a New Conception of the Environment-Competitiveness Relationship	180	(23)
Michael E. Porter
Claas van der Linde
Tightening Environmental Standards: The Benefit-Cost or the No-Cost Paradigm?	203	(14)
Karen Palmer
Wallace E. Oates
Paul R. Portney
III The Benefits of Environmental Protection	217	(100)
Nonmarket Valuation of Environmental Resources: An Interpretive Appraisal	219	(34)
V. Kerry Smith
The Contingent Valuation Debate: Why Economists Should Care	253	(15)
Paul R. Portney
Valuing the Environment through Contingent Valuation	268	(27)
W. Michael Hanemann
Contingent Valuation: Is Some Number Better than No Number?	295	(22)
Peter A. Diamond
Jerry A. Hausman
IV The Goals of Environmental Policy: Economic Efficiency and Benefit-Cost Analysis	317	(54)
Is There a Role for Benefit-Cost Analysis in Environmental, Health, and Safety Regulation?	319	(6)
Kenneth J. Arrow
Maureen L. Cropper
George C. Eads
Robert W. Hahn
Lester B. Lave
Roger G. Noll
Paul R. Portney
Milton Russell
Richard Schmalensee
V. Kerry Smith
Robert N. Stavins
Regulating the Regulators	325	(30)
W. Kip Viscusi
Cost-Benefit Analysis: An Ethical Critique	355	(16)
Steven Kelman
Replies to Steven Kelman	365	(6)
James V. DeLong
Robert M. Solow
Gerard Butters
John Calfee
Pauline Ippolito
V The Means of Environmental Policy: Cost Effectiveness and Market-Based Instruments	371	(82)
Economic Instruments for Environmental Regulation	373	(23)
Tom H. Tietenberg
Environmental Policy Making in a Second-Best Setting	396	(32)
Lawrence H. Goulder
Economic Prescriptions for Environmental Problems: How the Patient Followed the Doctor's Orders	428	(21)
Robert W. Hahn
It's Immoral to Buy the Right to Pollute	449	(4)
Michael J. Sandel
Replies to Michael Sandel	451	(2)
Steven Shavell
Robert N. Stavins
Sanford E. Gaines
Eric S. Maskin
VI Transboundary SO2 and Acid Rain Control	453	(40)
An Interim Evaluation of Sulfur Dioxide Emissions Trading	455	(17)
Richard Schmalensee
Paul L. Joskow
A. Denny Ellerman
Juan Pablo Montero
Elizabeth M. Bailey
What Can We Learn from the Grand Policy Experiment? Lessons from SO2 Allowance Trading	472	(21)
Robert N. Stavins
VII Global Climate Change	493	(34)
Reflections on the Economics of Climate Change	495	(15)
William D. Nordhaus
The Cost of Combating Global Warming: Facing the Tradeoffs	510	(7)
Thomas C. Schelling
Kyoto's Unfinished Business	517	(10)
Henry D. Jacoby
Ronald G. Prinn
Richard Schmalensee
VIII Ecological Values	527	(30)
Economic Analysis and Ecosystems: Some Concepts and Issues	529	(13)
R. David Simpson
Conflicts and Choices in Biodiversity Preservation	542	(15)
Andrew Metrick
Martin L. Weitzman
IX Political Economy	557	(16)
The Choice of Regulatory Instruments in Environmental Policy	559	(11)
Nathaniel O. Keohane
Richard L. Revesz
Robert N. Stavins
The Political Economy of Market-Based Environmental Policy: The U.S. Acid Rain Program	603	(43)
Paul L. Joskow
Richard Schmalensee
A Political Economy in an Ecological Web	646
Jason F. Shogren