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This is a book of uncompromising technical excellence, which does exactly what it promises to do: chart the cutting-edge frontiers of environmental and ecological economics, for the benefit of graduate students, professional academics, and policy making elites. The authors are mostly academic leaders in the field, the topics are hot . . . the contributors make the links between abstract theorizing and the concrete mental framing of issues that is a prerequisite for sound policy design . . . The papers in this collection exhibit rigorous and robust analytical frameworks, presented intuitively in clear words as well as mathematically, and harnessed to wide-ranging up-to-date bibliographies which quickly open the door into recent literature . . . this will be a book to keep on a convenient shelf for reference purposes . . . it is hard to imagine a graduate student reading this book and failing to spot opportunities to colonize new theoretical territory beyond the present frontier, or to explore empirically the areas outlined in these chapters. Geoffrey Bertram, Papers in Regional Science Top European and American scholars contribute to this cutting-edge volume on little-researched areas of environmental and resource economics. Topics include spatial economics, poverty and development, experimental economics, large-scale risk and its management, organizational economics, technological innovation and diffusion and many more. The common thread is the language and methodology of economics, yet the work aims to reach an audience wider than academia; others such as researchers and policymakers, in the public sector, professional staff in research institutes and think tanks, and environmental consultants will all benefit from an awareness of these crucial issues which, if not considered now, will become the problems of the future.
Most of the books published previously in the field of water resource eco nomics focus on particular aspects of water economics such as institutions, pricing or water markets, but none of them have given particular attention to methodological questions. However, the applied methodology within economic research has made some remarkable advances over the last 10-20 years. Some of these advances are of particular interest to the field of water economics. Therefore, we think that a book that focusing on methodological advances within the field of water resource economics and showing how these advances can be applied in economic analysis of water issues makes a nice complement to the existing literature in this field. We identified five areas where we consider the methodological advances to be of particular importance: 1) asymmetric information and game theory, 2) un certainty, 3) space, 4) water quality and 5) production and technology adoption. The selected papers for the book fall entirely within these categories. The book ''Frontiers in Water Resource Economics" draws to a great extent on papers which were presented at the 7^^ Conference of the International Water and Re source Economics Consortium, June 3-5,2001 held in Girona, Catalonia, Spain, This conference was jointly organized with the 4^^ Conference of Environmen tal and Resource Economics by the Department of Economics, University of Girona.
Throughout much of history, a critical driving force behind global economic development has been the response of society to the scarcity of key natural resources. Increasing scarcity raises the cost of exploiting existing natural resources and creates incentives in all economies to innovate and conserve more of these resources. However, economies have also responded to increasing scarcity by obtaining and developing more of these resources. Since the agricultural transition over 12,000 years ago, this exploitation of new 'frontiers' has often proved to be a pivotal human response to natural resource scarcity. This book provides a fascinating account of the contribution that natural resource exploitation has made to economic development in key eras of world history. This not only fills an important gap in the literature on economic history but also shows how we can draw lessons from these past epochs for attaining sustainable economic development in the world today.
Most land in the United States is in rural areas, as are the sources of most of its fresh water and almost all its other natural resources. One of the first books to approach resource economics and rural studies as fundamentally interconnected areas of study, Frontiers in Resource and Rural Economics integrates the work of 18 leading scholars in resource economics, rural economics, rural sociology and political science in order to focus on two complex interdependencies-one pertaining to natural resources and human welfare, the other to urban and rural communities and their economies. The book reviews the past 50 years of scholarship in both natural resource and rural economics. It contrasts their different intellectual and practical approaches and considers how they might be refocused in light of pressing demands on human and natural systems. It then proposes a 'new rural economics' that acknowledges the full range of human-ecosystem and urban-rural interdependencies. It explores the relationship between natural resources and economic growth, and considers the prospects for amenity-driven growth that would benefit both new and traditional inhabitants of rural areas. Later chapters explore the politics of place, spatial economics, strategies for reducing rural poverty, and prospects for linking rural and environmental governance. Throughout, the book emphasizes innovative research methods that integrate natural resource, environmental, and rural economics.
This book explores frontier work at the intersection of experimental and environmental economics. It focuses on improving benefit - cost analysis, which remains the hallmark of public policy decision-making around the globe. It also explores important aspects associated with optimal resource use and regulation of resources.
In the Summer of 1991, Bob Carling, who was then Life Sciences Editor of Chapman & Hall, approached me over the possibility of producing an edited volume of works on economics and ecology. As we discussed the matter further, what became clear is that there is a growing literature on the' frontiers' of both disciplines that has involved economists 'borrowing' from ecology and ecologists 'borrowing' from economics. We decided that this volume should try to provide a small cross-section of that literature. I was very much interested in editing this volume for several reasons. First, one of my principal interests in economics has been how the economic analysis of natural resource and environmental problems can benefit from the concepts and lessons learned from other disciplines, in particular ecology. I was grateful at having the opportunity to pull together a selection of readings that illustrate how the integration of the two disciplines can lead to fruitful analysis. Second, I was also aware that, as Director of the London Environmental Economics Centre and as a Senior Researcher at the International Institute of Environment and Development, I was fortunate to have worked with or to have known a number of economists and ecologists whose work would be ideal for this volume. I was delighted that so many of my friends and colleagues were as enthusiastic about this project as I, and agreed to participate.
Resource Economics engages students and practitioners in natural resource and environmental issues from both local and global standpoints. The fourth edition of this approachable but rigorous text provides a new focus on risk and uncertainty as well as new applications that address the effect of new energy technologies on scarcity and climate change mitigation and adaptation, while preserving and systematically updating the approach and key features that drew many thousands of readers to the first three editions.