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Author: John Harkness Dales
Publisher: Edward Elgar Publishing
ISBN: 9781782543985
Category : Business & Economics
Languages : en
Pages : 144
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Book Description
'Dales pointed out that traditional economic and legal solutions to pollution and resource problems were never going to be satisfactory and that a "third way" was needed. Today, all environmental economists of my generation recognise the debt we owe to Dales's work, as one of the intellectual foundations for emissions trading that began in California in the 1970s and now extends across the world. It is a work of immense influence which deserves reprinting.' - David Pearce, University College London, UK In this classic book, originally published in 1968 by University of Toronto Press, John Dales proposed a new policy instrument for tackling pollution problems, namely 'markets in pollution rights'. Dales was one of the first economists to put forward such a solution, and in subsequent years a system of emissions trading has evolved which is now a centrepiece in international discussions of how to address the problem of global climate change.
Author: John Harkness Dales
Publisher: Edward Elgar Publishing
ISBN: 9781782543985
Category : Business & Economics
Languages : en
Pages : 144
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Book Description
'Dales pointed out that traditional economic and legal solutions to pollution and resource problems were never going to be satisfactory and that a "third way" was needed. Today, all environmental economists of my generation recognise the debt we owe to Dales's work, as one of the intellectual foundations for emissions trading that began in California in the 1970s and now extends across the world. It is a work of immense influence which deserves reprinting.' - David Pearce, University College London, UK In this classic book, originally published in 1968 by University of Toronto Press, John Dales proposed a new policy instrument for tackling pollution problems, namely 'markets in pollution rights'. Dales was one of the first economists to put forward such a solution, and in subsequent years a system of emissions trading has evolved which is now a centrepiece in international discussions of how to address the problem of global climate change.
Author: David M. Dornbusch
Publisher:
ISBN:
Category : Environmental law
Languages : en
Pages : 164
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Book Description
Author: Sai Fang (S.M.)
Publisher:
ISBN:
Category :
Languages : en
Pages : 66
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Book Description
Over the past several decades, the real estate market has surged in Beijing. Meanwhile, Beijing suffers severe air pollution now and then. Because of the dissatisfaction of air quality, clean air becomes a highly valued factor of the overall quality of life. When people choose to buy properties, they would be willing to pay more for a unit that is located in less polluted areas than for an otherwise identical unit that is located in more polluted areas. This study aims to establish a relationship between air pollution's spatial distribution and property price by using historical air quality record and property transaction data in Beijing. Although people cannot purchase clean air directly, variations in the air quality of different areas should be indirect reflected in housing prices. Employing the hedonic pricing model, the results suggest a strong positive relationship between a unit's resale price and the air quality of the area where the unit is located, meaning that properties that are located in an area with relatively better air quality are sold at a premium and vice versa. Besides, by using a matching regression, relationship between air quality's seasonal variation and property price is discovered, although it is not statistically significant. Another matching regression confirms that compared to property buyers, property renters care less about the air quality of the area where the unit is located, but care more about the unit's other specific locational attributes and physical attributes, such as job accessibility and interior decoration.
Author: Daniel H. Cole
Publisher: Cambridge University Press
ISBN: 9780521001090
Category : Law
Languages : en
Pages : 234
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Book Description
Environmental protection and resource conservation depend on the imposition of property rights (broadly defined) because in the absence of some property system - private, common, or public - resource degradation and depletion are inevitable. But there is no universal, first-best property regime for environmental protection in this second-best world. Using case studies and examples taken from countries around the world, this 2002 book demonstrates that the choice of ownership institution is contingent upon institutional, technological, and ecological circumstances that determine the differential costs of instituting, implementing, and maintaining alternative regimes. Consequently, environmental protection is likely to be more effective and more efficient in a society that relies on multiple (and often mixed) property regimes. The book concludes with an assessment of the important contemporary issue of 'takings', which arise when different property regimes collide.
Author: J.H. Dales
Publisher:
ISBN:
Category :
Languages : en
Pages : 111
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Book Description
Author: Pramila K. Poudel
Publisher:
ISBN:
Category : Environmental policy
Languages : en
Pages : 12
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Book Description
Author: Robert A. Simons
Publisher: Environmental Law Institute
ISBN: 9781585761012
Category : Business & Economics
Languages : en
Pages : 404
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Book Description
When Bad Things Happen to Good Property features a review of economics and theory of real estate environmental damages, empirical results from peer-reviewed literature, and legal outcomes of environmental contamination litigation in the United States. It also includes chapters written by plaintiff and defense lawyers on litigating environmental cases and addresses the role of the real estate expert. In addition, the book analyzes outcomes with respect to frequency of lawsuit activity, evaluates litigious approaches for multiple damages cases, and discusses the plight of the small claims plaintiff. It concludes with a review of a number of case studies of actual toxic tort cases. When Bad Things Happen to Good Property is packed with various tables, figures, appendices, as well as a very large reference table (the BIG MATRIX) that assists residential property owners (exposed to different types of contamination) and their attorneys find out what kind of damages may be typical when contamination has effected property values.
Author: David Pearce
Publisher: Routledge
ISBN: 1135018839
Category : Business & Economics
Languages : en
Pages : 207
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Book Description
First published in 1978, The Valuation of Social Cost is concerned both with the idea, and with the practical problems, of placing monetary values on ‘intangible’, non-marketed goods, such as pollution, noise nuisance, personal injury, or the loss of home, neighbours or recreational benefit. A diverse range of contributors critically assess both the theoretical issues and the practical attempts made by economists and others to ‘monetise’ items which cannot be bought or sold. Each section contains a comprehensive literature review and a detailed critical appraisal. Despite being written in the late 70s, this book discusses issues which retain significant importance today.
Author: Jon P. Nelson
Publisher:
ISBN:
Category : Air
Languages : en
Pages : 260
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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