Cost-Benefit Analysis and the Environment by Nick Hanley, Clive L. Spash
Cost-Benefit Analysis and the Environment by Nick Hanley, Clive L. Spash PDF, ePub eBook D0wnl0ad
'The book provides a lucid discussion of the key issues surrounding the incorporation of environmental factors into modern cost-benefit analysis. It will be of considerable use to both those involved in the application of CBA procedures and those who teach the technique. Besides the well presented theoretical discussion, the book provides a wealth of information relating to the empirical work in the field and especially with regard to the valuation of environmental externalities.'- Kenneth J. Button, George Mason University
'Students of economics and environmentalists will both find this a usefuland provocative compendium.'
- Peter Stubbs, The Manchester School
'. . . provides an excellent introduction to the field of economic valuation of environmental resources.'
- Tim Swanson, Foundation for International Environmental Law and Development
This lucid, up-to-date book takes a fresh look at the application of cost benefit analysis (CBA) to environmental problems ranging from wildlife protection to global warming.
Cost-Benefit Analysis and the Environment is structured into two parts. Part one provides a critical up-to-date account of the theory and practice of CBA as applied to the environment. Part two focuses on a number of specific case studies, in particular ozone damage to agricultural crops, wilderness land use, recreation and nitrate pollution. The application of CBA to the greenhouse effect is used to illustrate the limitations of the method. The book summarizes the major problems CBA faces in environmental application.
This book will be highly relevant for the growing number of undergraduate and post-graduate courses in environmental economics and management, as well as being of interest both to academics researching in these areas, and to other professionals concerned with project appraisal and the environment.
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