ISBN : 9789811292538
Author : Anastasios Xepapadeas
Publisher : World Scientific
Year : 2024
Language : English
Type : Book
Description : This book presents a series of lectures on applied environmental economics and policy covering the following issues: environmental cost–benefit analysis; ecosystem services; ecosystems biodiversity and the economy; and sustainability. The first part introduces basic concepts in environmental cost–benefit analysis and explains in detail the choice of the discount rate. Distributional issues and assessment of risk involved in decision-making criteria, using tools such as sensitivity analysis