Environmental Markets: A Property Rights Approach

Terry L. Anderson,Gary D. Libecap (University of California, Santa Barbara)

Environmental Markets: A Property Rights Approach
Format
Hardback
Publisher
Cambridge University Press
Country
United Kingdom
Published
12 May 2014
Pages
244
ISBN
9781107010222

Environmental Markets: A Property Rights Approach

Terry L. Anderson,Gary D. Libecap (University of California, Santa Barbara)

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.

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