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Economic approaches to environmental decision-making

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  • Lowe, J
  • Lewis, D

Abstract

There are several important economic reasons why government has a role in environmental management. However there are also substantial informational problems that must be solved if government intervention is to be adequately directed. Traditional cost-benefit techniques are subject to some serious conceptual and empirical problems. However there are less powerful approaches which provide more feasible alternatives to environmental measurement which the authors discuss.

Suggested Citation

  • Lowe, J & Lewis, D, 1979. "Economic approaches to environmental decision-making," Omega, Elsevier, vol. 7(5), pages 421-430.
    • Handle: RePEc:eee:jomega:v:7:y:1979:i:5:p:421-430
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    Cited by:

    1. Hsu, Audrey Wen-hsin & Wang, Tawei, 2013. "Does the market value corporate response to climate change?," Omega, Elsevier, vol. 41(2), pages 195-206.

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