Cost-Benefit Analysis of Environmental Change

Per-Olov Johansson

doi:10.1017/CBO9780511628443

This book is an advanced text in applied welfare economics and its application to environmental economics. The author goes far beyond the existing literature on the valuation of environmental benefits, deriving sets of cost-benefit rules which can be used to assess private and public sector projects which affect the environment. He explains how valuation studies can be augmented so as to yield the information necessary for decision-making, showing how externalities, taxes, unemployment, risk, irreversibilities, flow and stock pollutants, discounting, and intergenerational distribution should be treated in social cost-benefit analysis. Drawing on a number of empirical illustrations, this book will be of interest not only to those taking advanced courses in environmental economics, welfare economics, and public economics, but also as a reference for those undertaking project evaluations in government and business.

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Contents

Frontmatter
pp i-vi
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Contents
pp vii-ix
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List of figures
pp x-xii
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Preface
pp xiii-xiv
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1 - Introduction
pp 1-6
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2 - Some basic concepts
pp 7-23
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3 - Consumer surplus measures
pp 24-45
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4 - Valuing public goods: practical methodologies
pp 46-64
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5 - General equilibrium cost-benefit rules
pp 65-89
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6 - Cost-benefit rules, national income accounts and sustainable development
pp 90-112
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7 - Valuation and aggregation: intragenerational and intergenerational issues
pp 113-132
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8 - Cost-benefit rules in a risky world
pp 133-155
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9 - Valuing changes in access conditions, health risks and information
pp 156-177
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10 - Empirical applications
pp 178-199
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11 - Policy instruments and international environmental problems
pp 200-213
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Notes
pp 214-216
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References
pp 217-227
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Index
pp 228-232
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Cost-Benefit Analysis of Environmental Change

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Contents

Frontmatter
pp i-vi

Contents
pp vii-ix

List of figures
pp x-xii

Preface
pp xiii-xiv

1 - Introduction
pp 1-6

2 - Some basic concepts
pp 7-23

3 - Consumer surplus measures
pp 24-45

4 - Valuing public goods: practical methodologies
pp 46-64

5 - General equilibrium cost-benefit rules
pp 65-89

6 - Cost-benefit rules, national income accounts and sustainable development
pp 90-112

7 - Valuation and aggregation: intragenerational and intergenerational issues
pp 113-132

8 - Cost-benefit rules in a risky world
pp 133-155

9 - Valuing changes in access conditions, health risks and information
pp 156-177

10 - Empirical applications
pp 178-199

11 - Policy instruments and international environmental problems
pp 200-213

Notes
pp 214-216

References
pp 217-227

Index
pp 228-232

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