영문목차
Preface=xv
Chapter 1. Introduction=1
Economics and the Environment=1
Global Climate Change=2
Organization and Content of This Book=6
What We Hope Readers Will Take Away from This Book=9
Chapter 2. Economic Efficiency and Environmental Protection=11
Economic Efficiency=12
Efficiency and Environmental Policy=20
Equating Benefits and Costs on the Margin=22
Dynamic Efficiency and Environmental Policy=31
Conclusion=34
Chapter 3. The Benefits and Costs of Environmental Protection=35
Measuring Costs=35
Evaluating the Benefits=44
Benefit-Cost Analysis=55
Conclusion=68
Chapter 4. The Efficiency of Markets=69
Competitive Market Equilibrium=70
The Efficiency of Competitive Markets=74
Conclusion=78
Chapter 5. Market Failures in the Environmental Realm=80
Externalities=81
Public Goods=85
The Tragedy of the Commons=91
Conclusion=97
Chapter 6. Managing Stocks : Natural Resources as Capital Assets=99
Economic Scarcity=100
Efficient Extraction in Two Periods=103
A Closer Look at the Efficient Extraction Path=105
What about Market Power?=110
The Critical Role of Property Rights=111
Conclusion=113
Chapter 7. Stocks That Grow : The Economics of Renewable Resource Management=114
Economics of Forest Resources=114
Fisheries=128
Conclusion=137
Chapter 8. Principles of Market-Based Environmental Policy=139
The Coase Theorem=140
The Array of Policy Instruments=143
How Market-Based Policies Can Overcome Market Failure=147
Raising Revenues=160
Setting Prices versus Setting Quantities=162
Conclusion=167
Chapter 9. The Case for Market-Based Instruments in the Real World=168
Reducing Costs=169
Promoting Technological Change=179
Market-Based Instruments for Managing Natural Resources=184
Other Considerations=189
Conclusion=198
Chapter 10. Market-Based Instruments in Practice=199
The U.S. Sulfur Dioxide Market=200
Individual Tradable Quotas for Fishing in New Zealand=207
Municipal Water Pricing=214
The European Unions Emissions Trading System=217
Water Quality Trading=221
Waste Management : "Pay as You Throw"=223
Habitat and Land Management=224
Conclusion=230
Chapter 11. Sustainability and Economic Growth=231
Limits to Growth?=232
Sustainability, in Economic Terms=238
Keeping Track : Green Accounting=245
Are Economic Growth and Sustainability Compatible?=252
Conclusion=253
Chapter 12. Conclusion=254
What Does Economics Imply for Environmental Policy?=254
The Roles of Firms, Consumers, and Governments=256
Some Final Thoughts=257
Discussion Questions=259
References=261
Further Reading=291
Index=297