This book provides a thorough and coherent review and discussion of environmental economics theory with an appreciation of empirical problems. It will be particularly suitable for undergraduate and postgraduate courses in environmental and resource economics and professionals. Particular emphasis is placed on analysing recent empirical studies from all over the world and each chapter develops the main theoretical results and recent developments necessary for complete understanding of the applications. The book is clear and succinct with separate chapters to look into economic models in more depth.
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