Economic Theory for the Environment Essays in Honour of Karl-Göran Mäler
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Edited by Bengt Kriström, Professor of Resource Economics, SLU-Umeå, Sweden, Partha Dasgupta, Frank Ramsey Professor of Economics, University of Cambridge, UK and Karl-Gustaf Löfgren, Professor of Economics, Umeå University, Sweden<i>'This book is an excellent festschrift in honour of Karl-Goran Maler and I thoroughly enjoyed reading it. It is a part of the series titled </i>New Horizons in Environmental Economics<i>, edited by Wallace E. Oates and Henk Folmer. Almost all the books in this series represent significant contributions to the field of environmental economics. This book is no exception.'</i>
- Sumeet Gulati, Environmental and Resource Economics,
<i>'The diversity offered in this volume will give it wide market appeal at a number of levels of experience and expertise in the field. . . It is a suitable tribute to the deep and diverse contributions made by Maler to environmental economics.'</i>
- Jeff Bennett, Economic Analysis and Policy,
<i>'. . . a truly excellent collection which achieves the formidable feat of providing a suitable tribute to the immense contribution which Maler has made.'</i>
- Ian Bateman, The Economic Journal,
This book investigates many of the recent advances in economics, in terms of the management of natural resources and environments. The authors also concentrate on other important issues such as control theory for non-convex economic problems, duopoly theory, game theory, local public finance, patent races and population control. In addition, they investigate the difficulties involved in constructing environmental agreements, and detail the potential benefits of marrying together the disciplines of ecology and economics. As a whole, the book effectively illustrates both the power and limitations of economics to shed light on many of today's pressing environmental issues.
The diverse range of topics and exceptional quality of the authors - including contributions by Nobel Laureates Kenneth J. Arrow and Robert M. Solow - will make this book essential reading for academics and advanced level students of environmental and resource economics, as well as natural scientists with an interest in resource allocation issues.