Social Econ Blog

[...] around to torture and detainees Haynes offered a very interesting argument about how bombing natural capital (bird nesting sites) was good because it would increase the value of the remaining natural [...]

[...] . Raskin, P. Sutton and M. Van Den Belt. 1997. The value of the world's ecosystem services and natural capital. Nature 387: 253-60. Contact me if you can't access the readings. [...]

[...] Next week we will continue to explore the value of natural capital and, in particular, how do we actually calculate dollar values for this stuff. Please read [...]

[...] carbon perspective. The same ideas applied to carbon can be applied to other pollutants and ecosystem services, with varied success. We'll get to more on that later. [...]

[...] this paper with an idea of how resilience as a policy target relates to risk, uncertainty, ecosystem services, diversity, disturbance, and poverty. Don't worry it looks long but it's 22 pages of [...]

[...] We'll discuss ecosystem services on Wednesday. The first reading comes from the Millenium Ecosystem Assessment: Ecosystems [...]

[...] confronting the issue, recommending that all new coal-fired plants have scrubbers to remove sulfur dioxide from their emissions. Imposing a tough standard on all plants was problematic, because [...]

The definitive economic analysis of climate change was lead by economist Nicholas Stern, typically referred to as the Stern Review. A good place to st [...]

We'll continue to discuss implemented and proposed approaches to carbon mitigation at the multi-national scale on Wednesday. Read "The European Union [...]

We'll be discussing the economics of water management on Monday. Read Water is an economic good: How to use prices to promote equity, efficiency, and [...]

Next week we will continue to explore the value of natural capital and, in particular, how do we actually calculate dollar values for this stuff. Ple [...]

[...] I'll give an introduction to the tools of game theory and applications to environmental problems on Monday. Read pages 127-137 in Gibbons "An introduction to applicable game theory.& [...]

[...] significantly mitigated. The results, it would seem, demonstrated that we can deal with environmental problems when we have to. So there we have it, right? The emission of carbon dioxide and other [...]

[...] to its own devices, will do the right thing goes out the window. So what should we do? Environmental economics is all about answering that question. One way to deal with negative externalities is to [...]

[...] Union Emissions Trading Scheme: Origins, Allocation, and Early Results. Review of Environmental Economics and Policy, Volume 1, Number 1 (January 2007), pp. 66-87. [...]

[...] between a cap and trade scheme and a carbon tax, I think this document does a nice job: The Basic Economics of Carbon Permits Versus Carbon Taxes [...]

[...] form of guaranteed health insurance, aid to the poor and so forth. But the logic of basic economics says that we should try to achieve social goals through “aftermarket” interventions. [...]

[...] chemicals and crop pesticides in hives across the United States and parts of Canada. A classic negative externality. [...]

[...] have it, right? The emission of carbon dioxide and other greenhouse gases is a classic negative externality — the “biggest market failure the world has ever seen,” in the words of [...]

[...] From an old blog post: ...a couple of economists published an article in Science that pointed out that over- [...]

[...] From another old blog post: General Counsel for the Department of Defense, William Haynes II resigned yesterday. Haynes [...]