Environmental Economics: A Critique of Benefit-Cost Analysis

ISBN-13: 9780742546998 / Angielski / Miękka / 2007 / 198 str.

Philip E. Graves

Opis

For the past 25 years, governmental decision-makers have employed the economic approach of benefit-cost analysis for resource allocation decisions. Environmental Economics describes, in a non-technical, readily understandable way, why the actual practice of benefit-cost analysis in environmental settings is heavily biased against the environment. The book provides environmentalists with the tools necessary to show policy-makers that pursuing many policies with apparent costs greater than benefits are, in fact, welfare enhancing.