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Control of resources.

By: Material type: TextTextPublication details: Delhi; Oxford University Press.; 1982Description: 223 pISBN:
  • 195615166
Subject(s): DDC classification:
  • 333.72 DAS
Summary: Most books in environmental economics either employ complex mathematical mode or resort to a recital of case studies. What makes this new book, by one of the world's leading experts in resource economics, so useful is the careful blend of theory and practice. Terms and techniques are explained fully and only a modest background in economics and mathematics is assumed. More importantly, the author examines the problems of resource management and pollution control within a common framework and relates them to issues in development planning. He also draws extensively on environmental literature to which students and policy makers seldom have access. Special attention is given to critical issues in environmental decision-making, such as externalities, pricing, cost-benefit analysis, uncertainty and optimization. Repeatedly, he draws on real world examples to illustrate difficult concepts. This work should be useful to both policy makers and students concerned with the economic analysis and social management of the environment.
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Most books in environmental economics either employ complex mathematical mode or resort to a recital of case studies. What makes this new book, by one of the world's leading experts in resource economics, so useful is the careful blend of theory and practice.
Terms and techniques are explained fully and only a modest background in economics and mathematics is assumed. More importantly, the author examines the problems of resource management and pollution control within a common framework and relates them to issues in development planning. He also draws extensively on environmental literature to which students and policy makers seldom have access. Special attention is given to critical issues in environmental decision-making, such as externalities, pricing, cost-benefit analysis, uncertainty and optimization. Repeatedly, he draws on real world examples to illustrate difficult concepts.
This work should be useful to both policy makers and students concerned with the economic analysis and social management of the environment.

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