Handbook of environmental economics. Volume 4 / edited by Partha Dasgupta, Subhrendu K. Pattanayak, V. Kerry Smith.

Format
Book
Language
English
Published/​Created
  • Amsterdam, Netherlands : North-Holland, an imprint of Elsevier, [2018]
  • ©2018
Description
1 online resource (498 pages).

Details

Subject(s)
Editor
Series
Handbooks in economics. [More in this series]
Source of description
Description based on print version record.
Contents
  • Front Cover
  • Handbook of Environmental Economics
  • Copyright
  • Contents
  • Contributors
  • Introduction to the Series
  • Preface
  • 1 Modeling coupled climate, ecosystems, and economic systems
  • 1 Introduction
  • 2 Coupled Ecological/Economic Modeling for Robustness
  • 2.1 Robust Control Methods in Coupled Ecological/Economic Systems
  • 2.1.1 An Introduction to Robust Control Methods
  • 2.1.2 A Deterministic Approximation to Robust Control Methods in Ecosystem Management
  • 3 Climate Economics with Emphasis on New Modeling: Carbon Budgeting and Robustness
  • 3.1 Cumulative Carbon Budgeting to Implement Temperature Limits
  • 3.1.1 Deterministic Case: The Simplest Possible Model
  • 3.1.2 Robust Emission Control with Multiplicative Uncertainty
  • 3.1.3 Cumulative Carbon Budgeting and Climate Changes Damages
  • 3.2 Climate Change Policy with Multiple Lifetime for Greenhouse Gases
  • 4 Implementation
  • 5 Energy Balance Climate Models and Spatial Transport Phenomena
  • 5.1 Spatial Pattern Scaling
  • 5.2 Discounting for Climate Change
  • 6 Spatial Aspects in Economic/Ecological Modeling
  • 7 Future Directions
  • 7.1 Bottom Up Implementation Rather than Top Down Implementation
  • 7.2 Stochastic Modeling and Computational Approaches
  • 7.3 Bifurcations and Tipping Points
  • Appendix A
  • A.1 Robust Control Methods
  • A.2 The Case of Additive Uncertainty
  • A.3 Time Consistency Issues of Solutions to Zero Sum Robust Control Games
  • A.4 Climate Change Policy with Multiple Lifetime for Greenhouse Gases
  • Appendix B Spatially Extended Deterministic Robust Control Problems
  • B.1 An Example
  • References
  • 2 Ecology and economics in the science of anthropogenic biosphere change
  • 2 The Dynamics of Coupled Hierarchical Systems
  • 3 Carrying Capacity and Assimilative Capacity
  • 4 Resilience and Stability.
  • 5 Biodiversity and the Portfolio of Natural Assets
  • 6 The Value of Ecosystem Functions
  • 7 Concluding Remarks
  • 3 The nature of natural capital and ecosystem income
  • 2 Theory of Measuring Natural Capital Shadow Prices in Real Ecological-Economic Systems
  • 2.1 Conceptualizing Natural Capital
  • 2.2 Derivation of Natural Capital Pricing Equations
  • 2.3 Intuition About Natural Capital Prices and the Importance of Multiple Stocks and Adjustment Costs
  • 2.4 Non-convexity and Non-differentiability
  • 2.5 Non-autonomous and Stochastic Dynamics
  • 2.6 Using Shadow Prices to Assess Sustainable Investment/Consumption
  • 3 Approximators to Measure Natural Capital Shadow Prices
  • 3.1 Three Ways to Approximate Shadow Prices
  • 3.2 Tradeoffs Among Approximation Approaches
  • 3.3 The Approximation Domain
  • 3.4 Additional Numerical Considerations
  • 4 The Measurement of the Economic Program and Ecosystem Income and Its Connection to Natural Capital Asset Prices
  • 4.1 The Economic Program - x(s)
  • 4.2 Dividends from Natural Capital - W
  • 4.3 Ecosystem Income from Market Production
  • 4.4 Ecosystem Income from Household Production
  • 4.5 Direct Ecosystem Income
  • 4.6 Accounting for Ecosystem Income
  • 5 Examples and Applications to Date
  • 6 Discussion and Future Challenges
  • 4 Through the looking glass: Environmental health economics in low and middle income countries
  • 1 The Economics of Environmental Health
  • 1.1 Environmental Health in LMICs
  • 1.2 Economics and Environmental Health
  • 2 Choice and Behavior
  • 2.1 Simple Analytics
  • 2.2 Measuring Demand: Valuation (Willingness to Pay)
  • 2.3 Shifting Demand: Adoption
  • 2.4 Predicting Impact: Evaluation
  • 3 What We Know About Environmental Health in LMICs
  • 3.1 Valuing Environmental Risk Reductions.
  • 3.2 Adopting Environmental Risk Reducing Technologies
  • 3.3 Evaluating Environmental Health Impacts
  • 4 Path Forward
  • 4.1 Multiple Risks
  • 4.2 Supply and Political Economy
  • 4.3 Environmental Hazards and Climate Change
  • 4.4 Beyond Experiments and Average Treatment Effects
  • 4.5 Closing Thoughts
  • 5 The farmer's climate change adaptation challenge in least developed countries
  • 2 Historical and Anticipated Climate Change
  • 3 Estimating the Impacts of Climate Change on LDC Agriculture
  • 3.1 The Impact of Climate Change on a Farmer's Investment Decisions
  • 3.2 Aggregation and General Equilibrium Effects
  • 4 The Farmer Climate Adaptation Challenge
  • 4.1 Income Inequality and Climate Change
  • 4.2 LDC Farmer Climate Change Adaptation Opportunities
  • 4.3 Rural Data Collection Needs to Accelerate Adaptation Research Progress
  • 4.4 Rural to Urban Migration as an Adaptation Strategy
  • 4.5 The Dimensionality of the LDC Migrant's Urban Choice Set
  • 5 General Equilibrium Effects Induced by Rapid Urbanization
  • 5.1 Urban Political Economy Issues Related to Climate Change Adaptation
  • 5.2 The Adaptation Bene ts of LDC Urbanization
  • 5.3 The Productivity of LDC Urban Firms in a Hotter World
  • 5.4 Will LDC Urban Growth Signi cantly Exacerbate the Global GHG Externality Challenge?
  • 5.5 Research Needs
  • 6 Conclusion
  • 6 Selection and design of environmental policy instruments
  • 1 The Need for Policy
  • 2 Policy Failures
  • 3 The Menu of Instruments
  • 3.1 Price-Type Instruments
  • 3.2 Rights-Based Policies
  • 3.3 Regulation
  • 3.4 Information or Legal-Based Policies
  • 3.5 The Process of Policy Making at National or Other Levels
  • 4 The Selection of Instruments
  • 4.1 Ef ciency
  • 4.2 Information Asymmetries and Uncertainty
  • 4.3 Intertemporal Ef ciency
  • 4.4 Spatial Ef ciency.
  • 4.5 Practical and Political Aspects
  • 4.6 Normative Principles, Distributional Aspects, and Environmental Justice
  • 5 Selected Examples
  • 5.1 Taxing Carbon
  • 5.1.1 Effects of CO2 Taxation
  • 5.2 Taxing (and Subsidizing) Transport Fuel
  • 5.3 Cap and Trade Schemes
  • 5.4 Refunding Emission Payments
  • 5.5 Regulation Versus Taxation: The Example of a Hazardous Chemical
  • 5.6 Policies to Modify Behavioral Norms
  • 6 Designing Policies for the Anthropocene
  • 6.1 An Expansion of Geographic and Political Scope
  • 6.2 Signi cant Extension in Time-Scale
  • 6.3 Signi cant Extension of the Number of Pollutants and Scienti c Complexity
  • 6.4 Equity, Ethics, Risk, Uncertainty, and Governance
  • 7 Quasi-experimental methods in environmental economics: Opportunities and challenges
  • 2 The Lindahl-Samuelson Condition
  • 2.1 A Model of Optimal Public Good Provision
  • 2.2 Estimating the Lindahl-Samuelson Condition: Measurement Challenges
  • 2.3 Estimating the Lindahl-Samuelson Condition: Identi cation Challenges
  • 3 The Standard Quasi-Experimental Approach
  • 3.1 Background
  • 3.2 Potential Outcomes Framework
  • 3.3 Three Quasi-Experimental Methods
  • 4 The Quasi-Experimental Approach for Public Goods
  • 4.1 Distinguishing Public Good Source and Exposure
  • 4.2 A Potential Outcomes Framework for Public Goods
  • 4.3 Two Quasi-Experimental Estimators in the Literature
  • 4.3.1 Average Source Effect Estimator
  • 4.3.2 Average Exposure Effect Estimator
  • 4.4 An Unbiased Estimator for Local Public Goods
  • 4.5 Illustrative Simulations
  • 5 Literature Review
  • 5.1 Publication Trends
  • 5.2 A Selected Review of Average Source Effect Estimates
  • 5.3 A Selected Review of Average Exposure Effect Estimates
  • 5.4 A Selected Review of Marginal Cost Estimates
  • 6 Moving Forward
  • 6.1 What To Do with Local Public Goods.
  • 6.2 What To Do with Global Public Goods
  • 7 Conclusion
  • 8 Environmental macroeconomics: The case of climate change
  • 2 The Neoclassical Growth Model: Why and How?
  • 2.1 Empirical Underpinnings: Long-Run Facts
  • 2.2 Quantitative Theory
  • 2.2.1 The Setting
  • 2.2.2 Market Equilibrium and Calibration
  • 2.2.3 Uncertainty
  • 2.3 Energy Resources
  • 2.3.1 Energy Demand
  • 2.3.2 Energy Supply
  • 2.3.3 Equilibrium
  • 3 The Natural-Science Add-Ons
  • 3.1 The Carbon-Cycle Module
  • 3.2 The Climate Module
  • 3.3 Constant Carbon-Climate Response
  • 4 Damages
  • 5 A Complete, Quantitative IAM
  • 5.1 The Planning Problem
  • 5.2 Market Equilibrium
  • 5.3 Model Solution
  • 5.3.1 Analytical vs. Numerical Model Solution
  • 5.3.2 How-to
  • 5.4 The Social Cost of Carbon
  • 5.5 A Mickey-Mouse Model? Quantitative Analytical IAMs
  • 5.5.1 The Pigou Tax in the Quantitative Analytical IAM
  • 5.5.2 Quantitative Results from the Positive Model
  • 6 Extensions
  • 6.1 Endogenous Technical Change
  • 6.2 Multi-Region Modeling
  • 6.2.1 Leakage
  • 9 Causal inference in environmental conservation: The role of institutions
  • 2 Average Treatment Effects of Institutions
  • 2.1 Instruments
  • 2.2 Methods
  • 2.3 Findings
  • 3 Institutional Insights for Causal Models
  • 3.1 Causal Diagrams
  • 3.2 Institutions as Determinants of Assignment
  • 3.3 Heterogeneous Institutional Treatments
  • 3.4 Institutions as Moderators
  • 3.5 Institutions as Mechanisms
  • 4 Summary and Future Directions
  • 10 Uncertainty and ambiguity in environmental economics: conceptual issues
  • 1.1 Uncertainty and Climate Policy
  • 1.2 Uncertainty and Biodiversity
  • 2 Alternatives to Expected Utility
  • 2.1 Probabilities and Con dence
  • 2.2 Formal Development.
  • 2.3 Is Ambiguity Aversion Rational?.
ISBN
  • 0-444-53773-2
  • 0-444-53772-4
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