Environmental Economics

Shunsuke Managi is the Distinguished Professor of Technology and Policy in the Urban Institute & School of Engineering at Kyushu University, Japan, while also holding positions as an Adjunct Professor at QUT Business School, and the University of Tokyo. He is an editor of Environmental Economic and Policy Studies, a lead author for the Intergovernmental Panel on Climate Change, and is the author of Technology, Natural Resources and Economic Growth: Improving the Environment for a Greener Future and editor of The Economics of Green Growth.Koichi Kuriyama is the Professor of Agricultural and Resource Economics at the Kyoto University, Japan. His research has focused on the evaluation of the environment including forest and ecosystem services. He is the author of ‘A latent segmentation approach to a Kuhn-Tucker model: An application to recreation demand’ (with W.M. Hanemann and J.R. Hilger), published in the Journal of Environmental Economics and Management.

‘This is an introductory text to help readers understand environmental economics… It is simple and understandable making a valuable contribution to the existing literature. The text has been put together in a way that allows readers without specialization in economics to understand the issues and challenges of environmental economics. I consider this book a useful introductory textbook for readers interested in Environmental Economics.’ — George Halkos, Professor in Economics of Natural Resources, University of Thessaly‘The book shows a solid and comprehensive coverage of main relevant issues in current environmental policy debate, with an interesting focus on waste and resources. Microeconomic, meso and macroeconomic issues are presented and linked together, through theoretical and ‘applications’ chapters. The chapters can be usefully read in isolation, or find a proper complementary value in the overall reading. It both covers the theory of environmental policy and its applications in the real world.’ — Massimiliano Mazzanti, Associate Professor of Economics, University of Ferrara

• Chapter 1: Our Lifestyles and the EnvironmentSection 1. Economic Development and Environmental IssuesSection 2. Waste Problems and Sustainable SocietySection 3. Climate ChangeChapter 2: Mechanisms that Give Rise to Environmental ProblemsSection 1. Externalities and Market FailuresSection 2. The Use and Management of Common-Pool ResourcesSection 3. Public Goods and Free RidingChapter 3: Fundamental Theories of Environmental PolicySection 1. Direct Regulations and Market MechanismsSection 2. Environmental Taxes and SubsidiesSection 3. Resolutions through Direct NegotiationsSection 4. Emission Cap and TradeChapter 4: Applications for Environmental PoliciesSection 1. Choice among Policy MeasuresSection 2. Waste PolicySection 3. The Kyoto Protocol and Climate Change PolicySection 4. The Current State and Future Targets of Climate Change PolicyChapter 5: Environmental Value AssessmentSection 1. Environmental ValueSection 2. Environmental Valuation Method 1: Revealed Preferences MethodSection 3. Environmental Valuation Method 2: Stated Preferences MethodSection 4. Cost-Benefit AnalysisChapter 6: Business and Environmental ProblemsSection 1. Business and Environmental PoliciesSection 2. Social Responsibility Demanded from BusinessSection 3. Business and Environmental RisksSection 4. Biodiversity and the EcosystemChapter 7: Global Environmental Problems and International TradeSection 1. International Trade and the EnvironmentSection 2. Environmental Regulations and Technological DevelopmentSection 3. Sustainable DevelopmentSection 4. Energy Economics