Many articles in the Reader were originally published in RFF's quarterly magazine, Resources. Wally Oates has supplemented that with material drawn from other RFF works, including issue briefs and special reports. The readings provide concise, insightful background and perspectives on a broad range of environmental issues including benefit-cost analysis, environmental regulation, hazardous and toxic waste, environmental equity, and the environmental challenges in developing nations and transitional economies. Natural-resource topics include resource management, biodiversity, and sustainable agriculture. The articles address many of today's most difficult public policy questions, such as environmental policy and economic growth, and 'When is a Life Too Costly to Save?' New to the second edition is an expanded set of readings on global climate change and sustainability, plus cutting-edge policy applications on topics like the environment and public health and the growing problem of antibiotic and pesticide resistance. For general readers, the RFF Reader has been an accessible, nontechnical, authoritative introduction to key issues in environmental and natural resources policy. It has been especially effective in demonstrating the contribution that economics and other social science research can make toward improving public debate and decisionmaking. Organized to follow the contents of popular textbooks in environmental economics and politics, it has also found wide use in beginning environmental policy courses.

RFF University Fellow Wallace Oates has assembled much of RFF's best work in a new volume that provides teachers and students, the public policy community, and informed readers with a broader, deeper perspective on natural resources and the environment. This treasure trove of balanced and authoritative analysis belongs on the bookshelf of any individual or institution concerned about environmental policy.

Many articles in the Reader were originally published in RFF's quarterly magazine, Resources. Wally Oates has supplemented that with material drawn from other RFF works, including issue briefs and special reports. The readings provide concise, insightful background and perspectives on a broad range of environmental issues including benefit-cost analysis, environmental regulation, hazardous and toxic waste, environmental equity, and the environmental challenges in developing nations and transitional economies. Natural-resource topics include resource management, biodiversity, and sustainable agriculture. The articles address many of today's most difficult public policy questions, such as environmental policy and economic growth, and 'When is a Life Too Costly to Save?' New to the second edition is an expanded set of readings on global climate change and sustainability, plus cutting-edge policy applications on topics like the environment and public health and the growing problem of antibiotic and pesticide resistance. For general readers, the RFF Reader has been an accessible, nontechnical, authoritative introduction to key issues in environmental and natural resources policy. It has been especially effective in demonstrating the contribution that economics and other social science research can make toward improving public debate and decisionmaking. Organized to follow the contents of popular textbooks in environmental economics and politics, it has also found wide use in beginning environmental policy courses.

"A clear grasp of economics is essential to understanding why environmental problems arise and how we can address them. ... Now thoroughly revised with updated information on current environmental policy and real-world examples of market-based instruments .... The authors provide a concise yet thorough introduction to the economic theory of environmental policy and natural resource management. They begin with an overview of environmental economics before exploring topics including cost-benefit analysis, market failures and successes, and economic growth and sustainability. Readers of the first edition will notice new analysis of cost estimation as well as specific market instruments, including municipal water pricing and waste disposal. Particular attention is paid to behavioral economics and cap-and-trade programs for carbon."--Publisher's web site.

The connection between humans and the earth’s natural resources is a topic of vital interest. Concern once centered on whether there were sufficient supplies of natural resources to accommodate the rising demands of growing economies; a newer concern is whether those growing economies will undermine the linkages between humans and the earth’s critical ecological endowments. It is essential to understand the reciprocity of how human decisions affect resources and how resources affect humans. Natural resource economics is one way of framing and analyzing choices about the conservation and use of natural resources made daily by individuals, communities, and nations. The focus of the text is on natural resource valuation, economic incentives, and the institutional arrangements that will produce desired collective outcomes. The fourth edition of this acclaimed text presents the analytical framework of economics in easy-to-understand descriptions for readers who have not yet been exposed to economics. The first nine chapters offer a lucid introduction to fundamental economic principles and their application to questions about natural resource use. Ten topical chapters address specific natural resources. The final two chapters examine natural resource issues encountered in developing countries and the impacts of globalization on the utilization and conservation of natural resources. Topics new to this edition include: equity issues in natural resources decisions, existence value of wildlife, technological change, natural capital, payment for environmental services, rare earths, food security, and collective property rights.

Non-market valuation is becoming increasingly accepted as an evaluative tool of economics related to environmental and resource protection. Freeman (economics, Bowdoin College) presents an overview of the literature, introducing the principal methods and techniques of resource valuation. Chapters cover the measurement of welfare changes, revealed and stated preference models, nonuse models, aggregation of values across time, environmental quality as factor input, longevity and health valuation, property value models, hedonic wage models, and recreational uses of natural resource systems. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).