The Economic Dynamics Of Environmental Law

Author: David M. Driesen
Publisher: MIT Press
ISBN: 9780262541398
Size: 21.99 MB
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A study showing that environmentally beneficial technical innovation would be more effective than economic efficiency as the organizing principle of environmental public policy.

The Economic Dynamics Of Law

Author: David M. Driesen
Publisher: Cambridge University Press
ISBN: 1107378044
Size: 48.72 MB
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This book offers a dynamic theory of law and economics focused on change over time, aimed at avoiding significant systemic risks (like financial crises and climate disruption) and implemented through a systematic analysis of law's economic incentives and how people actually respond to them. This theory offers a new vision of law as fundamentally a macro-level enterprise establishing normative commitments and a framework for numerous private transactions, rather than as an analogue to a market transaction. It explains how neoclassical law and economics sparked decades of deregulation culminating in the 2008 financial collapse. It then shows how economic dynamic theory helps scholars and policymakers make wise choices about how to avoid future catastrophes while keeping open a robust set of economic opportunities, with individual chapters addressing the law and economics of financial regulation, contract, property, intellectual property, antitrust, national security and climate disruption.

Environmental Law Policy And Economics

Author: Nicholas Askounes Ashford
Publisher: MIT Press
ISBN: 0262012383
Size: 19.85 MB
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Traces important legal, economic, and scientific developments in the environmentalfield through an examination of environmental law cases and commentaties by leading scholars,focusing on pollution prevention and control and emphasizing the evaluation, design, and use of thelaw to stimulate technological change and industrial transformation.

Economic Thought And U S Climate Change Policy

Author: David M. Driesen
Publisher: Mit Press
ISBN: 9780262042529
Size: 12.21 MB
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Experts examine how reliance on free markets contributed to the U.S. failure to address climate change and offer recommendations for new ideas to guide policy. The United States, once a world leader in addressing international environmental challenges, became a vigorous opponent of action on climate change over the past two decades, repudiating regulation and promoting only ineffectual voluntary actions to meet a growing global threat. Why has the United States failed so utterly to address the most pressing environmental issue of the age? This book argues that the failure arose from an unyielding ideological stance that embraced free markets and viewed government action as anathema. The most notorious result of this hands-off approach was the financial meltdown of late 2008; but strict reliance on free markets also hobbled government policymakers' response to the challenge of global warming. This book explores the relationship between free-market fundamentalism and U.S. inaction on climate change and offers recommendations for new approaches that can lead to effective climate-change policy and improve enviromental, health, and safety policies in general. After describing the evolution of U.S. climate change policy and the influence of neoliberal economic thought, the book takes up the question of what ideas might supersede the neoliberal reliance on cost-benefit analysis, overly broad market-based mechanisms, and rejection of precautionary approaches and environmental justice concerns. With a new administration in Washington, the need for a new policy framework is acute; this book supplies a timely guide to the kinds of policies that are most promising.

The Economic Dynamics Of Law

Author: David M. Driesen
Publisher: Cambridge University Press
ISBN: 1107004853
Size: 13.44 MB
Format: PDF, ePub
View: 5626
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This book offers a theory of law and economics focused on change over time and aimed at avoiding systemic risks.

Environmental Law Policy And Economics

Author: Nicholas Askounes Ashford
Publisher: MIT Press
ISBN: 0262012383
Size: 67.71 MB
Format: PDF, Kindle
View: 4024
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Traces important legal, economic, and scientific developments in the environmentalfield through an examination of environmental law cases and commentaties by leading scholars,focusing on pollution prevention and control and emphasizing the evaluation, design, and use of thelaw to stimulate technological change and industrial transformation.

The New Environmental Regulation

Author: Daniel J. Fiorino
Publisher: The MIT Press
ISBN:
Size: 62.72 MB
Format: PDF
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Winner, 2007 Louis Brownlow Award presented by the National Academy of Public Administration (NAPA) and 2006 Best Book in Environmental Management and Policy, American Society for Public Administration. Environmental regulation in the United States has succeeded, to a certain extent, in solving the problems it was designed to address; air, water, and land, are indisputably cleaner and in better condition than they would be without the environmental controls put in place since 1970. But Daniel Fiorino argues in The New Environmental Regulation that—given recent environmental, economic, and social changes—it is time for a new, more effective model of environmental problem solving. Fiorino provides a comprehensive but concise overview of U.S. environmental regulation—its history, its rationale, and its application—and offers recommendations for a more collaborative, flexible, and performance-based alternative. Traditional environmental regulation was based on the increasingly outdated assumption that environmental protection and business are irreversibly at odds. The new environmental regulation Fiorino describes is based on performance rather than on a narrow definition of compliance and uses such policy instruments as market incentives and performance measurement. It takes into consideration differences in the willingness and capabilities of different firms to meet their environmental obligations, and it encourages innovation by allowing regulated industries, especially the better performers, more flexibility in how they achieve environmental goals. Fiorino points to specific programs—including the 33/50 Program, innovative permitting, and the use of covenants as environmental policy instruments in the Netherlands—that have successfully pioneered these new strategies. By bringing together such a wide range of research and real world examples, Fiorino has created an invaluable resource for practitioners and scholars and an engaging text for environmental policy courses.

Economics Of Regulation And Antitrust

Author: W. Kip Viscusi
Publisher: MIT Press
ISBN: 0262287323
Size: 33.61 MB
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This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions.The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.

Water Resource Economics

Author: Ronald C. Griffin
Publisher: MIT Press
ISBN: 0262334038
Size: 78.93 MB
Format: PDF, Mobi
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Economics brings powerful insights to water management, but most water professionals receive limited training in it. The second edition of this text offers a comprehensive development of water resource economics that is accessible to engineers and natural scientists as well as to economists. The goal is to build a practical platform for understanding and performing economic analysis using both theoretical and empirical tools. Familiarity with microeconomics or natural resource economics is helpful, but all the economics needed is presented and developed progressively in the text.The book focuses on the scarcity of water quantity (rather than on water quality). The author presents the economic theory of resource allocation, recognizing the peculiarities imposed by water, and then goes on to treat a range of subjects including conservation, groundwater depletion, water law, policy analysis, cost--benefit analysis, water marketing, privatization, and demand and supply estimation. Added features of this updated edition include a new chapter on water scarcity risk (with climate change and necessary risk tools introduced progressively) and new risk-attentive material elsewhere in the text; sharper treatment of block rates and pricing doctrine; expanded attention to contemporary literature and issues; and new appendixes on input--output analysis, water footprinting and virtual water, and cost allocation. Each chapter ends with a summary and exercises.