ISBN 9781741145762,Economics And The Environment: A Signalling And Incentives Approach

Economics And The Environment: A Signalling And Incentives Approach


Ian Wills


Allen And Unwin

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ISBN 9781741145762
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ISBN 9781741145762

Allen And Unwin

Publication Year 2007

ISBN 9781741145762

ISBN-10 1741145767


Number of Pages 400 Pages
Language (English)


A systematic introduction to an economic way of thinking about the environment, which doesn¯t assume a background in economics.

Coordinating our use of the earth¯s natural resources is not easy. Resource users are many, their goals diverse, and their impacts on the environment often uncertain. How we use those resources depends on the signals and incentives we receive, from either the market or our governments. These systems encourage certain uses of natural resources, but they are not perfect. We harm the environment not out of malice, but because we do not know the consequences of our actions, or the incentives for harm are too great to ignore. Economics and the Environment argues that, by lowering the cost and improving the quality of the necessary signals and incentives, we can better reconcile our diverse interests in the environment.