Optimal Pollution: The Welfare Economic Approach to Correct Market Failures

Encyclopedia of Environmental Health

Volumn , Issue , 2011, Pages 264-274

  Bachmann, T M ^a  

^a KARLSRUHE INSTITUTE OF TECHNOLOGY   (Germany)

Author keywords

Cost benefit analysis; Discounting; External costs; Externalities; Internalization; Monetization; Public goods; Total economic value; Welfare economics

Indexed keywords

EID: 84898021980     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1016/B978-0-444-52272-6.00301-9     Document Type: Chapter

References (16)

1. Baumol W.J., Oates W.E. The Theory of Environmental Policy 1988, Cambridge University Press, Cambridge.
2. Boardman A., Greenberg D., Vining A., Weimer D. Cost Benefit Analysis: Concepts and Practice 2006, Prentice Hall, Upper Saddle River, NJ.
3. Climate Change 1995: Economic and Social Dimensions of Climate Change: Contribution of Working Group III to the Second Assessment Report of the Intergovernmental Panel on Climate Change 1996, Cambridge University Press, Cambridge. J.P. Bruce, H. Lee, E.F. Haites (Eds.).
4. Common M., Stagl S. Ecological Economics: An Introduction 2005, Cambridge University Press, Cambridge.
5. Externalities of Fuel Cycles - ExternE Project. vol. 7-Methodology. Science, Research and Development 1999, European Commission, European Commission DG XII, Brussels, JOULE, (accessed April 2010). http://www.externe.info/reportex/vol7.pdf, 2nd edn.
6. ExternE - Externalities of Energy: Methodology 2005 Update 2005, European Commission, Office for Official Publication of the European Communities, Luxembourg, (accessed April 2010). http://www.externe.info/brussels/methup05a.pdf.
7. Freeman The Measurement of Environmental and Resource Values: Theory and Methods 2003, Resources for the Future, Washington.
8. German Advisory Council on Global Change (WBGU) (2001) Annual Report 1999: Conservation and Sustainable Use of the Biosphere. London: Earthscan. (accessed April 2010). http://www.wbgu.de/wbgu_jg1999_engl.html.
9. Gowdy J.M. The revolution in welfare economics and its implications for environmental valuation and policy. Land Economics 2004, 80:239-257.
10. Hanley N., Spash C.L. Cost-Benefit Analysis and the Environment 1995, Elgar, Aldershot.
11. Just R.E., Hueth D.L., Schmitz A. The Welfare Economics of Public Policy: A Practical Approach to Project and Policy Evaluation 2004, Elgar, Cheltenham.
12. Handbook of Environmental Economics (vol. 1): Environmental Degradation and Institutional Responses 2005, Elsevier, Amsterdam. K.-G. Mäler, J.R. Vincent (Eds.).
13. Pearce D., Atkinson G., Mourato S. Cost-Benefit Analysis and the Environment: Recent Developments 2006, Organisation for Economic Co-operation and Development (OECD), Paris, (accessed April 2010). http://www.oecd.org/document/39/0,2340,en_2649_37465_36144679_1_1_1_37465,00.html.
14. Macmillan Dictionary of Modern Economics 1992, Macmillan, London. D.W. Pearce (Ed.).
15. Samuelson P.A., Nordhaus W.D. Economics 2005, McGraw-Hill, Boston.
16. Externalities of Energy (ExternE). http://www.externe.info.