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. Pages 3-6
  3. Static Allocation Aspect

  4. Environmental-Policy Instruments

  5. Environmental Allocation in Space

  6. Environmental Allocation in Time and Under Uncertainty

  7. Back Matter
    Pages 299-333

About this book


The book interprets nature and the environment as a scarce resource. It offers a theoretical study of the allocation problem and describes different policy approaches to the environmental problem. The entire spectrum of the allocation issue is studied: the use of the environment in a static context, international and trade aspects of environmental allocation, regional dimensions, global environmental media, environmental use over time and under uncertainty. The book incorporates a variety of economic approaches, including neoclassical analysis, the public-goods approach, benefit-cost analysis, property-rights ideas, economic policy and public-finance reasoning, international trade theory, regional science, optimization theory, and risk analysis. The different aspectsof environmental allocation are studied in the context of a single model that is used through the book.


Biodiversity allocation theory environmental allocation environmental economics environmental policy production public goods

Authors and affiliations

  • Horst Siebert
    • 1
  1. 1.President-EmeritusKiel Institute of World EconomicsKielGermany

Bibliographic information