Environmental Economics and Management Theory, Policy, and Applications

ISBN-10: 0324320671
ISBN-13: 9780324320671
Edition: 4th 2007
List price: $337.95 Buy it from $3.96
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Description: Succed in economics with, ENVIRONMENTAL ECONOMICS AND MANAGEMENT: THEORY, POLICY AND APPLICATIONS. Learn to use economic analytical tools such as market models, benefit-cost analysis, and risk analysis to assess environmental problems and to  More...

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Book details

List price: $337.95
Edition: 4th
Copyright year: 2007
Publisher: Cengage South-Western
Publication date: 5/30/2006
Binding: Paperback
Pages: 480
Size: 8.50" wide x 10.25" long x 1.00" tall
Weight: 2.222
Language: English

Succed in economics with, ENVIRONMENTAL ECONOMICS AND MANAGEMENT: THEORY, POLICY AND APPLICATIONS. Learn to use economic analytical tools such as market models, benefit-cost analysis, and risk analysis to assess environmental problems and to evaluate policy solutions. Margin definitions and internet links help you master the terminology and offer updates and information beyond the text.

Dr. Janet M. Thomas earned her M.A. and Ph.D. degrees in economics at Boston College. After completing her doctorate, she was appointed to the faculty of Bentley University in 1987. She is currently a full professor at Bentley, teaching at both the undergraduate and graduate levels and within Bentley's Honors Program. In addition to environmental economics, Dr. Thomas teaches intermediate microeconomics, industrial organization, principles of microeconomics, and principles of macroeconomics. She has been actively involved in course and curriculum development in environmental economics and has served as coordinator of the MBA Environmental Management Concentration Program at Bentley. Dr. Thomas is an active researcher in environmental economics, corporate social responsibility, sports economics, and other fields in applied microeconomics. Her present research focuses on corporate social performance, corporate financial performance, and executive compensation. In addition to this text, she has published research results in academic journals such as LAND ECONOMICS, CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENT MANAGEMENT, SOUTHERN ECONOMIC JOURNAL, ENVIRONMENTAL AND RESOURCE ECONOMICS, JOURNAL OF SPORTS ECONOMICS, REVIEW OF INDUSTRIAL ORGANIZATION, and EASTERN ECONOMIC JOURNAL. She is a member of the American Economic Association and has served as a reviewer for a number of academic journals and textbook publishers. Dr. Thomas was named Faculty Member of the Year by Bentley's Student Government Organization in 1991. In 1993, she received the Gregory H. Adamian Award for Teaching Excellence. In 1996, she was honored with the Bentley College Scholar of the Year Award, and in 2005 she received the Outstanding Scholarly Contribution Award.

Dr. Scott J. Callan is professor of economics at Bentley University. He received his M.S. and Ph.D. degrees from Texas A & M University. Prior to joining the Bentley faculty in 1987, Professor Callan was a member of the business faculty at Clarkson University in Potsdam, New York. His teaching areas of interest focus on quantitative methods and applied microeconomic topics, such as environmental economics, managerial economics, and sports economics. He has taught courses in environmental economics and the economics of natural resources at both the undergraduate and graduate levels. In addition to this textbook, Dr. Callan has authored numerous applied microeconomic articles for economic journals including the SOUTHERN ECONOMIC JOURNAL, REVIEW OF INDUSTRIAL ORGANIZATION, JOURNAL OF BUSINESS AND ECONOMIC STATISTICS, and JOURNAL OF SPORTS ECONOMICS. His environmental economics research investigates the demand and supply characteristics associated with the market for municipal solid waste (MSW). He also examines demand-side topics including the impact of pay-as-you-throw programs on waste generation, disposal, and recycling activities. His study of supply-side issues has focused on the extent of economies of scale and scope in the provision of MSW services. His research findings have appeared in LAND ECONOMICS and ENVIRONMENTAL AND RESOURCE ECONOMICS as well as other academic journals. Recent research efforts have explored the many facets of corporate social performance and its affect on firm behavior. In addition to his many publications, Dr. Callan has reviewed scholarly articles for a wide variety of academic publications as well as research grant proposals for the U.S. Environmental Protection Agency.

Modeling Environmental Problems
The Role of Economics in Environmental Management
Economics and the Environment
Fundamental Concepts in Environmental Economics
Identifying Environmental Objectives
Environmental Policy Planning: An Overview
Conclusions
Summary
Review Questions
Additional Readings
Modeling the Market Process: A Review of the Basics
Market Models: The Fundamentals
The Model of Supply and Demand: An Overview
Market Demand
Market Supply
Market Equilibrium
Economic Criteria of Efficiency
Welfare Measures
Conclusions
Summary
Review Questions
Additional Readings
Modeling Market Failure
Environmental Problems: A Market Failure
Environmental Quality: A Public Good
Modeling a Public Goods Market for Environmental Quality
Environmental Problems: Externalities
Modeling Environmental Damage as a Negative Externality
The Absence of Property Rights
Conclusions
Summary
Review Questions
Additional Readings
Modeling Solutions to Environmental Problems
Conventional Solutions to Environmental Problems: The Command-and-Control Approach
Use of Standards in Environmental Policy
Are Environmental Standards Allocatively Efficient?
General Approaches to Implementing Environmental Policy
Is the Command-and-Control Approach Cost-Effective?
Conclusions
Summary
Review Questions
Additional Readings
Economic Solutions to Environmental Problems: The Market Approach
Descriptive Overview
Pollution Charges
Environmental Subsidies
Deposit/Refund Systems
Pollution Permit Trading Systems
Conclusions
Summary
Review Questions
Additional Readings
Analytical Tools for Environmental Planning
Environmental Risk Analysis
Concept of Risk
Risk Assessment
Risk Management
Conclusions
Summary
Review Questions
Additional Readings
Assessing Benefits for Environmental Decision Making
Environmental Benefits: Conceptual Issues
Approaches to Measuring Environmental Benefits: An Overview
Estimation Under the Physical Linkage Approach
Direct Estimation Methods Under the Behavioral Linkage Approach
Indirect Estimation Methods Under the Behavioral Linkage Approach
Conclusions
Summary
Review Questions
Additional Readings
Assessing Costs for Environmental Decision Making
Environmental Costs: Conceptual Issues
Estimation Methods for Measuring Explicit Costs
Cost Classifications in Practice
Conclusions
Summary
Review Questions
Additional Readings
Benefit-Cost Analysis in Environmental Decision Making
Time Adjustments to Environmental Benefits and Costs
The Final Analysis: Comparing Environmental Benefits and Costs
Reservations About the Use of Benefit-Cost Analysis
U.S. Government Support of Benefit-Cost Analysis
Reducing Lead in Gasoline: A Real-World Example
Conclusions
Summary
Review Questions
Additional Readings
The Case of Air
Defining Air Quality: The Standard-Setting Process
Overview of U.S. Air Quality Legislation
Defining the Objectives of Air Quality Control
Setting Standards to Define Air Quality
Implementing the Standards
Analysis of U.S. Air Quality Policy
Benefit-Cost Analysis of the Clean Air Act
Benefit-Cost Analysis of the Air Quality Standards
Conclusions
Summary
Review Questions
Additional Readings
A Reference to Acronyms and Terms Used in Air Quality Control Policy
Improving Air Quality: Controlling Mobile Sources
Urban Air Pollution: An Important Policy Motivation
Controlling Mobile Sources
Economic Analysis of Mobile Source Controls
Conclusions
Summary
Review Questions
Additional Readings
A Reference to Acronyms and Terms Used in Mobile Source Control Policy
Improving Air Quality: Controlling Stationary Sources
Acidic Deposition: An Important Policy Motivation
Controlling Stationary Sources
Economic Analysis of Stationary Source Controls
Conclusions
Summary
Review Questions
Additional Readings
A Reference to Acronyms and Terms Used in Stationary Source Control Policy
Global Air Quality: Policies for Ozone Depletion and Global Warming
The Problem of Ozone Depletion
Controlling Ozone Depletion
Economic Analysis of Ozone Depletion Policy
The Problem of Greenhouse Gases and Global Warming
Policy Response to Global Warming
Economic Analysis of Global Warming Control Policies
Conclusions
Summary
Review Questions
Additional Readings
A Reference to Acronyms and Terms in Global Air Quality Control Policy
The Case of Water
Defining Water Quality: The Standard-Setting Process
Understanding Water Resources
Overview of U.S. Water Quality Legislation
Policy Objectives
Setting Standards to Define Water Quality
Analysis of Receiving Water Quality Standards
Benefit-Cost Analysis of the Clean Water Act
Conclusions
Summary
Review Questions
Additional Readings
A Reference to Acronyms and Terms in Water Quality Control Policy
Improving Water Quality: Controlling Point and Nonpoint Sources
Controlling Point Sources
Analysis of the Effluent Limitations
The POTW Funding Program
Analysis of the POTW Funding Program
Controlling Nonpoint Sources
Analysis of Nonpoint Source Controls
Market-Based Solutions
Watershed Management
Conclusions
Summary
Review Questions
Additional Readings
A Reference to Acronyms and Terms in Water Quality Control Policy
Protecting Drinking Water: The Safe Drinking Water Act
Overview of U.S. Drinking Water Legislation
Setting Standards to Define Safe Drinking Water
Economic Analysis of Safe Drinking Water Policy
Economic Principles in Pricing Water Supplies
Conclusions
Summary
Review Questions
Additional Readings
A Reference to Acronyms and Terms in Drinking Water Quality Control
The Case of Solid Wastes and Toxic Substances
Managing Hazardous Solid Waste and Waste Sites
Characterizing the Hazardous Waste Problem
Overview of U.S. Hazardous Waste Policy
Controlling Hazardous Wastes: RCRA
Analysis of U.S. Hazardous Waste Policy
Overview of U.S. Hazardous Waste Site Policy
Managing Uncontrolled Hazardous Waste Sites: Superfund
An Analysis of Superfund
Conclusions
Summary
Review Questions
Additional Readings
A Reference to Acronyms and Terms in Hazardous Waste Control Policy
Managing Municipal Solid Waste
Characterizing Municipal Solid Waste
The Policy Response: An Overview
The Market for MSW Management Services
Market Approaches to MSW Policy
Conclusions
Summary
Review Questions
Additional Readings
A Reference to Acronyms and Terms in Municipal Solid Waste Policy
Controlling Pesticides and Toxic Chemicals
Overview of U.S. Pesticide Controls
Controlling Pesticide Use
Analysis of FIFRA
Overview of U.S. Legislation on Toxic Chemicals
Controlling Chemical Use
Analysis of TSCA
Economic Analysis and Market-Based Policy
Conclusions
Summary
Review Questions
Additional Readings
A Reference to Acronyms and Terms in Toxic Substances Policy Control
Global Environmental Management
Sustainable Development: International Trade and International Agreements
Sustainable Development as a Global Objective
Global Framework for Sustainable Development
International Agreements to Control Transboundary Pollution
International Trade and Environmental Protection
Conclusions
Summary
Review Questions
Additional Readings
Sustainable Approaches: Industrial Ecology and Pollution Prevention
Industrial Ecology
Pollution Prevention
Strategic Initiatives and Programs
Conclusions
Summary
Review Questions
Additional Readings
References
Glossary
Index

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