Economics of the Environment

Theory and Policy

  • Horst Siebert

Table of contents

  1. Front Matter
    Pages I-XIV
  2. Introduction

    1. Front Matter
      Pages 1-1
    2. Horst Siebert
      Pages 3-7
  3. Static Allocation Aspect

    1. Front Matter
      Pages 27-27
    2. Horst Siebert
      Pages 29-43
    3. Horst Siebert
      Pages 45-59
    4. Horst Siebert
      Pages 61-95
  4. Environmental-Policy Instruments

    1. Front Matter
      Pages 105-105
    2. Horst Siebert
      Pages 107-122
    3. Horst Siebert
      Pages 123-148
  5. Environmental Allocation in Space

    1. Front Matter
      Pages 167-167
    2. Horst Siebert
      Pages 187-198
    3. Horst Siebert
      Pages 199-209
    4. Horst Siebert
      Pages 211-230
  6. Environmental Allocation in Time and under Uncertainty

    1. Front Matter
      Pages 231-231
    2. Horst Siebert
      Pages 233-248
    3. Horst Siebert
      Pages 265-277
  7. Back Matter
    Pages 279-307

About this book


"The labor of nature is paid, not because she does much, but because she does little. In proportion as she becomes niggardly in her gifts, she exacts a greater price for her work. Where she is munificently benefi­ cent, she always works gratis." David Ricardo * This book interprets nature and the environment as a scarce resource. Whereas in the past people lived in a paradise of environmental superabundance, at pre­ sent environmental goods and services are no longer in ample supply. The envi­ ronment fulfills many functions for the economy: it serves as a public-con­ sumption good, as a provider of natural resources, and as receptacle of waste. These different functions compete with each other. Releasing more pollutants into the environment reduces environmental quality, and a better environmen­ tal quality implies that the environment's use as a receptacle of waste has to be restrained. Consequently, environmental disruption and environmental use are by nature allocation problems. This is the basic message of this book.


Envirnomental Economics Umwelt Umweltpolitik Umweltökonomie allocation theory economics environment environmental economics environmental policy sustainability Ökonomie

Authors and affiliations

  • Horst Siebert
    • 1
  1. 1.Kiel Institute of World EconomicsKielGermany

Bibliographic information

  • DOI
  • Copyright Information Springer-Verlag Berlin Heidelberg 1995
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-662-03129-2
  • Online ISBN 978-3-662-03127-8
  • Buy this book on publisher's site