World Scientific Publishing Company RESOURCE AND ENVIRONMENTAL ECONOMICS Modern Issues and Applications: 7 (World Scientific Series on Environmental and Energy Economics and Policy)

This important book deals with the essential principles of resource and environmental economics, provides applications to contemporary issues in this field, and outlines and assesses policies being used or proposed for managing the use of environmental and natural resources. Covering specific contemporary topics such as agriculture and the environment, water use, greenhouse gas management, biodiversity conservation, tourism and the environment, and environmental economics and health, leading issues in resource and environmental economics are outlined and analyzed in an innovative manner.Institutional economics (both new and traditional) is applied and compared with other approaches such as neoclassical economics, behavioral economics and the Austrian School of Economics. This heterogeneous, multi-perspective approach enables problems to be considered from several different angles, thus enhancing the reader's comprehension of the subject matter. Furthermore, using minimal technical jargon, the book takes into account aspects of modern economic analysis such as the costs of and constraints on decision-making and the transaction costs involved in policy implementation. Review This textbook provides an excellent introduction, which is easily accessible and readable and benefits greatly from the author's life-long career as an environmental and resource economist. --Eric Neumayer, Professor of Environment and Development and Head of the Department of Geography and Environment London School of Economics, UK Written by an outstanding environmental economist, this authoritative book bears the imprint of the author's scholarship and deep understanding of the issues relating to resource and environmental economics. It is thus essential reading for researchers, students and policy makers interested in promoting sustainable development. --Dr K N Ninan Professor of Ecological Economics Institute for Social and Economic Change, Bangalore, India Professor Tisdell's expository skills are unmatched. This volume conveys complex material with great clarity, using case examples with unusual effectiveness. Furthermore, it is more inclusive than many books on these topics in its extensive international coverage. This is a most useful contribution. --Jane V Hall Co-Director, Institute of Economic and Environmental Studies California State University