Economy and environment: a theoretical essay on the interdependence of economic and environmental systems
Auteur :
Perrings, Charles
Éditeur :
Cambridge University Press
ISBN :
9780521340816
Date de publication :
25 sept. 1987
Dimensions :
22,9 x 15,2 x 1,4 cm
Poids :
460 g
Langue :
Anglais
Pays d'origine :
Grande Bretagne
This essay studies the interaction of the economy with its environment, using a classical mass-balance model. No matter how efficient the market may seem to be, the use of market prices to determine depletion and pollution decisions creates more problems than it solves. The 'market solution' to environmental problems is shown to generate only increasing uncertainty.