Titlebook: Environmental Economics; in Theory and Practi Nick Hanley,Jason F. Shogren,Ben White Textbook 1997Latest edition Macmillan Publishers Limit

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Tradeable Pollution Permits,is first set out, for uniformly and non-uniformly mixed pollutants. We then consider some current research issues in the area of TPPs. A concluding section examines the use of TPPs in practice, and we also ask why more use has not been made of economic instruments including both TPPs and the pollution taxes described in ..

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?kobilanzierung mit Computerunterstützungoach is considered, that of tradeable pollution permits (TPPs). This idea, which originated with Crocker (1966) and Dales (1968), has gained much popularity recently with environmental economists. However, as we will see, TPPs have their own set of problems. In this chapter the basic theory of TPPs

西瓜

?kobilanzierung und Entscheidungstheorieion of the North Sea and damage to the stratospheric ozone layer. This chapter, which was co-written with Fanny Missfeldt, describes some of the important issues emerging from economic analysis of these problems. In some cases, this involves making use of concepts from game theory, as set out in the

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https://doi.org/10.1007/978-3-0348-6356-8of factors of production, they include renewable resources such as fish populations and forests and non-renewable resources such as oil reserves and mineral deposits. In particular we analyse the rate at which a ‘rational‘ firm should exploit such resources through time. This approach leads to norma

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https://doi.org/10.1007/978-3-658-14692-4 referred to as exhaustible resources. However, this is misleading when there is resource exploration and the marginal cost of finding additional reserves and extracting known reserves increases as the resource is depleted. The key issues in the economics of non-renewable natural resources are, firs