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Environmental Markets

Author

Listed:
  • Anderson,Terry L.
  • Libecap,Gary D.

Abstract

Environmental Markets explains the prospects of using markets to improve environmental quality and resource conservation. No other book focuses on a property rights approach using environmental markets to solve environmental problems. This book compares standard approaches to these problems using governmental management, regulation, taxation, and subsidization with a market-based property rights approach. This approach is applied to land, water, wildlife, fisheries, and air and is compared to governmental solutions. The book concludes by discussing tougher environmental problems such as ocean fisheries and the global atmosphere, emphasizing that neither governmental nor market solutions are a panacea.

Suggested Citation

  • Anderson,Terry L. & Libecap,Gary D., 2014. "Environmental Markets," Cambridge Books, Cambridge University Press, number 9780521279659.
    • Handle: RePEc:cup:cbooks:9780521279659
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    Cited by:

    1. Terry L. Anderson, 2015. "If Hayek and Coase Were Environmentalists: Linking Economics and Ecology," Economics Working Papers 15102, Hoover Institution, Stanford University.
    2. Stefan Ambec, 2020. "Environmental markets exacerbate inequalities," Working Papers hal-02945513, HAL.
    3. Browne, Oliver R. & Ji, Xinde James, 2023. "The Economic Value of Clarifying Property Rights: Evidence from Water in Idaho’s Snake River Basin," Journal of Environmental Economics and Management, Elsevier, vol. 119(C).

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