Advanced Principles in Environmental Policy clearly and systematically presents current developments in the economic theory of environmental policy. A key feature is the systematic exposition of the use of mathematical tools in environmental economics.
Professor Xepapadeas builds on and extends the basic theoretical framework of environmental policy and pays special attention to the inter-relationships between environmental economics and other branches of economics. He considers dynamic investment theory, industrial organization, international economics and relaxes standard assumptions underlying his basic model. A key feature of this book is a systematic exposition of the use of mathematical tools in environmental economics. Important practical research topics in the theory of environmental policy are presented, including:
* emission taxes
* nonpoint source pollution
* transboundary pollution
* the link between international trade and environmental policy
* international environmental cooperation.
Advanced Principles in Environmental Policy will provide stimulus for further research in the theory of environmental policy. It will prove essential reading for advanced undergraduate and graduate students in environmental economics as well as for professionals, researchers and policymakers seeking to understand the fundamentals of environmental policy.
Anastasios Xepapadeas, Professor of Economics, Athens University of Economics and Business, Greece
Contents: 1. Introduction 2. Basic Environmental Policy Framework 3. Stock Externalities, Dynamics and the Design of Environmental Policy 4. Informational Constraints and Nonpoint Source Pollution 5. Environmental Policy and Market Structure 6. The International Dimension of Environmental Policy 7. Mathematical Tools in Environmental Economics Index