Download or read book A Transaction Cost Approach for Environmental Policy Analysis written by Marion Laurenceau and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This research proposes a methodology to account for policy transaction costs and to assess how they condition the implementation of policy tasks. In light of an empirical analysis of the European Water Framework Directive implementation in 4 institutional contexts, this work (1) elaborates a typology of Policy Transaction Costs (PTC) determinants and (2) depicts stakeholders' strategies to cope with PTC ('arrangements'). We distinguish three main categories of arrangements: strategies to minimize either research and information collection costs, negotiation costs, or coordination costs. This research testifies that certain policy implementation decisions can be explained by the search for PTC minimization according to contextual determinants. Policy analysis shall thus consider PTC linked to policy implementation so as to anticipate (i) the constraints policy actors will face when implementing a given policy and (ii) how these actors are likely to respond to such constraints.
Download or read book Institutions Transaction Costs and Environmental Policy written by Ray Challen and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This is an excellent piece of work, applying the economic theory of property rights and transaction costs to the complex policy problems associated with water use in irrigation. Challen examines the determination of transaction costs and the way they interact with a realistic specification of property rights. He thereby avoids the two main defects found in much work in this area: first, the use of a simplistic division of property rights schemes, for example one based on polar categories of private property and common property, defined to mean open access, and second, a tendency to use the category of transaction costs as an unexamined "black box".' - John Quiggin, James Cook University, Australia 'A most encouraging trend in economics concerns the careful and non-teleological study of institutions. From an era in which institutions were completely ignored, through an era in which it was thought that institutions were mere constraints on otherwise beneficent behavior in markets, through an era in which it was thought that the purpose of institutions was to promote economic efficiency, we now seem to be firmly in an era in which it is understood that institutions are the very bedrock of economic and social interaction. The analysis of institutions will fall into incoherence if we insist on seeing them as teleological rather than as instrumental. Once there, we must still understand the purposes that different individuals and collectivities ascribe to particular institutional set ups. In this careful book Ray Challen offers clear conceptual guidance to the study of economic institutions. He also shows us how one can undertake the analysis of institutional choice. The problem setting is water resources in eastern Australia. The lessons are profoundly international, and the approach is refreshingly promising.' - Daniel W. Bromley, University of Wisconsin-Madison, US Conventional economic analysis of property rights in natural resources is too narrow and restrictive to allow for effective comparisons between alternative institutional structures. In this book, a conceptual framework is developed for the analysis of these structures with illustrative application to the allocation of water resources.
Download or read book A Transaction Cost Economics Approach to Considering Environmental Policy written by Gary Stoneham and published by . This book was released on 2003 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Valuation of the Environment and Public Policy written by Noboru Hidano and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic Valuation of the Environment and Public Policy fills an important gap in economic literature by providing a comprehensive account of hedonic pricing and its use in valuation of environmental amenities. . . . It should be invaluable to anyone contemplating undertaking a hedonic pricing study of an environmental amenity, as it contains practical advice on a myriad of modeling issues. Likewise, it should be of value to anyone wishing to thoroughly understand and critique the results of a hedonic pricing exercise. Richard T. Carson, Environment I appreciate this book s blend between theory and applications. It contains an informative review of the development of the theory of the hedonic price technique as well as an insightful analysis of the econometrics of the approach. Noboru Hidano has a gift for breaking down the difficult theoretical and econometric problems into simple and manageable proportions. Per-Olov Johansson, Stockholm School of Economics, Sweden The importance of the hedonic valuation approach in public policy evaluation and environmental value estimation is now widely accepted. This book is especially designed to illustrate the basic assumptions of the hedonic approach and highlight the strengths and weaknesses associated with it. Combining rigorous theoretical analysis, detailed empirical studies and an extensive history of hedonic valuation, the book is both a good introductory text to the field and a precise yet comprehensive aid for professionals and practitioners alike. Some of the book s special features include: a comprehensive explanation of the basic theorem extensive discussions on the utility of the approach in the evaluation of both small-scale and large-scale projects detailed explanations of how the approach can best be applied to cost benefit analysis an examination of the applicability of the hedonic method by comparing estimated values for various environmental and public services an illustration of public policy and environmental valuation using readily-understood examples. The Economic Valuation of the Environment and Public Policy will be essential reading for students of environmental and ecological economics, environmental science and technology specialists, and all those who are interested in the evaluation of public sector projects.
Download or read book Pricing Nature written by Nick Hanley and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: An impressive piece of work that deserves to be on every European agricultural economist s bookshelf. Jean-Christophe Bureau, European Review of Agricultural Economics This is an excellent text that could be used in specialist academic courses in environmental and natural resource economics, ecological economics and cost benefit analysis, as well as in interdisciplinary courses in public policy, planning and environmental management. David James, Australasian Journal of Environmental Management Cost Benefit Analysis (CBA) is one of the most useful tools of applied economics for the social appraisal of public projects and government policies. Nick Hanley and Edward Barbier show how CBA can be applied to environmental policy choice and environmental resource management. They cover the conceptual underpinnings of CBA, practical methods for applying CBA, and a wide range of case study applications from Europe, North America and developing countries. Issues such as the value of ecosystem services and the special problems posed for CBA by environmental management are brought into close focus. The textbook is aimed at students on inter-disciplinary courses as well as those studying environmental economics, welfare economics and public policy. It will also be of interest to people in the policy community, NGOs and consultancy sectors.
Download or read book Policy Mix for Environmental Protection A Transaction Cost Approach written by Beat Buergenmeier and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a transaction cost approach in order to classify the different policy options that are currently discussed in relation to the Kyoto protocol. It analyses the market as only one of the possible collective decision making processes, which are available to operationalize the concept of sustainable development. The firm, the third sector, the government, the market are analysed as collective decision making processes. They are socially constructed in the sense that they are institutions, which are subject to change. Compared to initial and already existing institutions, the policy options for environmental protection are evaluated in the light of the associated transaction costs. The paper concludes with the recommendation for new institutional arrangements minimising transaction costs at both the national and international level.
Download or read book Policy Mix for Environmental Protection written by Beat Bürgenmeier and published by . This book was released on 1999 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economics of the Environment written by Horst Siebert and published by Springer Science & Business Media. This book was released on 2008-01-03 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book interprets nature and the environment as a scarce resource. It offers a theoretical study of the allocation problem and describes different policy approaches to the environmental problem. The entire spectrum of the allocation issue is studied. The author incorporates several economic approaches, including neoclassical analysis, the public goods approach and optimization theory. The different aspects of environmental allocation are studied in the context of a single model that is used throughout the book. The sixth edition includes new sections on ethical aspects of environmental evaluation, and international emission trading and biodiversity.
Download or read book Natural Resource Economics written by Daniel W. Bromley and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: When approached by Warren Samuels, the series editor, about organizing a volume on natural resource economics, I was at a loss as to how one might possibly capture in "several major essays plus several shorter comments thereon" all of the diverse activities that fall within this exciting discipline. I was further asked to have the book take an "affirmative but constructively critical look at its subject. " The volume was to be interpretative, it was to be reasonably comprehensive, and yet it was to attempt to present divergent views on the "development, tensions, present status, and, especially, possible lines of development of each field. " Upon reflection, I decided to have the book focus on natural resource economics as a distinctly applied policy science. Hence the title: Natural Resource Economics: Policy Problems and Contemporary Analysis. While this allowed clarification of a particular sort, it did little to narrow the range of policy issues that ought to be considered candidates for inclu sion. But it did seem, after some thought, that three broad issues persist at center stage in natural resource policy.
Download or read book Environmental Networks written by Kanwalroop Kathy Dhanda and published by Edward Elgar Publishing. This book was released on 1999 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Describes a new basis for environmental policy making that graphically simplifies the analysis of environmental problems and emphasizes the spatial nature of economic activity and pollution dispersion. The three authors, from business and management backgrounds, first review the foundations of environmental economics, then apply the environmental network approach to different company structures. They extend the analysis to incorporate multiple products and pollutants, the presence of transaction costs, the availability of investment in production technologies, and the issue of non-compliance versus compliance. They also consider pollution from transportation and the success of permits and taxes in limiting it. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Economics Ethics and Environmental Policy written by Daniel W. Bromley and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics, Ethics, and Environmental Policy: Contested Choices offers a comprehensive analysis of the ethical problems associated with basing environmental policy on economic analysis, and ways to overcome these problems.
Download or read book Cost Benefit Analysis and the Environment written by David William Pearce and published by Org. for Economic Cooperation & Development. This book was released on 2006-02-09 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth assessment of the most recent conceptual and methodological developments in cost-benefit analysis and the environment.
Download or read book Market Based Instruments for Environmental Management written by Mikael Skou Andersen and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This volume brings together contributions from political scientists and environmental economists and will prove invaluable for academics, practitioners and policymakers interested in the experiences of countries where market-based instruments are well established."--BOOK JACKET.
Download or read book The Globalization of Cost Benefit Analysis in Environmental Policy written by Michael A. Livermore and published by Oxford University Press. This book was released on 2013-02-21 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues in favor of using cost-benefit analysis globally and examines the positive impact it can have in developing countries using relevant case studies. The book discusses the potential for cost-benefit analysis to provoke a global shift toward stronger and more effective economic policies.
Download or read book Environmental Economics written by Philip E. Graves and published by Rowman & Littlefield. This book was released on 2007 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Transaction Cost Economics Project written by Oliver E. Williamson and published by Edward Elgar Publishing. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transaction cost economics has and continues to be a fruitful area of research. There is still much to be done in the field with past research being used in conjunction with the vast number of contractual phenomena that have yet to be investigated in transaction cost economics terms. New challenges are posed by the need to move beyond the design of new contractual instruments (such as financial derivatives) to include an examination of the lurking hazards that attend contract implementation.
Download or read book State and Local Institutions and Environmental Policy written by Antonio Fernando Freitas Tavares and published by . This book was released on 2003 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:
