Theory and Practice of Environmental and Resource Economics

This collection of specially commissioned papers pays tribute to Karl-Gustaf Lofgren's significant and diverse contribution to theoretical and empirical research within the field of environmental and resource economics over the past two decades. A number of distinguished scholars examine a broad range of topics including sustainability, risk and uncertainty, demand theory and issues related to public goods. The book also contains analyses of more specific resource problems concerning fisheries, forestry management, wildlife and pollution. Together, the seventeen chapters provide an innovative and cutting-edge analysis of a smorgasbord of both old and new environmental and resource problems, including, amongst others:local public goods and income heterogeneityself-selection and the value of lives savedinternational fisheries agreementssalmon and hydropowerdiscrete versus continuous harvestingtimber supplyvoluntary road pricingeconomic impacts of environmental regulations in California.Academics, researchers and students within the fields of environmental, resource and public economics will find this book to be a fascinating read.