The Economic Theory and Measurement of Environmental Benefits
By (author) Per-Olov Johansson
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Economic Theory and Measurement of Environmental Benefits by Per-Olov Johansson
Book DescriptionThis book is an advanced text in welfare economics and its application to environmental economics. It provides, in the first chapters, a comprehensive survey of developments in the theory of measurement of welfare, and then applies this theory to environmental economics. The first part derives consumer surplus measures to be held in a timeless world. Throughout the emphasis is on the circumstances in which a money measure correctly reflects the underlying utility change. Four main cases are considered: unrationed private goods, rationed private goods, public goods or externalities, and discrete choices. Reviews of practical methodologies for the calculation of consumers' surplus for these classes of goods are also given. The second part looks at intertemporal issues. In particular, it derives comsumer faces risk and uncertainty. The book is intended for advanced courses in environmental and welfare economics, and as a reference work for those interested in the theory of measurement of welfare and its application to environmental economics.
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Book DetailsISBN: 9780521348102
(228mm x 152mm x 14mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 29-Oct-1987
Country of Publication: United Kingdom
Books By Author Per-Olov Johansson
Cost-Benefit Analysis for Project Appraisal, Hardback (October 2015)
This book uses modern economic tools to obtain general equilibrium cost-benefit rules to evaluate small, large and ultra-large projects.
Evaluating Health Risks, Paperback (April 1995)
This book presents the techniques for evaluating changes in health and asks whether we are willing to pay the costs for our health care system.
Cost-Benefit Analysis of Environmental Change, Paperback (August 1993)
An advanced text in applied welfare economics and its application to environmental economics, providing detailed rules for the economic assessment of projects which affect the environment.
Introduction to Modern Welfare Economics, Paperback (August 1991)» View all books by Per-Olov Johansson
This book in welfare economics covers concepts such as Pareto optimality in a market economy, the compensation criterion and the social welfare function.
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