Environmental Economics - by Philip E Graves (Paperback)

About the Book

Environmental Economics: A Critique of Benefit-Cost Analysis describes, in a non-technical, readily understandable way, why the practice of benefit-cost analysis in environmental settings is heavily biased against the environment. The book provides environmentalists with the t...

Book Synopsis

Environmental Economics: A Critique of Benefit-Cost Analysis describes, in a non-technical, readily understandable way, why the 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.

Review Quotes

Graves' economics book takes a critical look at the benefit-cost analysis of environmental issues. This well-written, teaching-style book has excellent coverage of the applicable theory and methodology, and serves as a good primer for advanced undergraduates and practitioners with some economics background.

Philip Graves provides a lucid account of contemporary environmental economics that is not only interesting but also goes beyond the conventional wisdom on the subject. Therefore, both beginning students and seasoned researchers in the field will find this book to be of considerable value.

About the Author

Philip E. Graves is professor of economics at the University of Colorado, Boulder. He has been teaching environmental economics for thirty years and is the co-author of The Economics of Environmental Quality (Norton, 1986) and Intermediate Microeconomics (Harcourt, 1988).