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Environmental Economics: A Critique of Benefit-Cost Analysis

Environmental Economics: A Critique of Benefit-Cost Analysis

Paperback

Business GeneralEconomics

ISBN10: 0742546993
ISBN13: 9780742546998
Publisher: Rowman & Littlefield Publishers
Published: Apr 9 2007
Pages: 198
Weight: 0.67
Height: 0.57 Width: 6.21 Depth: 8.97
Language: English
For the past 25 years, governmental decision-makers have employed the economic approach of benefit-cost analysis for resource allocation decisions. Environmental Economics describes, in a non-technical, readily understandable way, why the actual practice of benefit-cost analysis in environmental settings is heavily biased against the environment. The book provides environmentalists with the tools necessary to show policy-makers that pursuing many policies with apparent costs greater than benefits are, in fact, welfare enhancing.

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