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Putting a price tag on the environment is controversial. The aim of this book is to discuss some of the ethical and political issues arising in the context of applied cost-benefit analysis and environmental valuation - and to do so using economic analysis, but in a language accessible to non-specialists. In particular, the author emphasizes the fundamental, but surprisingly often poorly understood distinction between normative and positive analysis, and the implications of this distinction for practical use of cost-benefit analyses.

Produktbeschreibung
Putting a price tag on the environment is controversial. The aim of this book is to discuss some of the ethical and political issues arising in the context of applied cost-benefit analysis and environmental valuation - and to do so using economic analysis, but in a language accessible to non-specialists. In particular, the author emphasizes the fundamental, but surprisingly often poorly understood distinction between normative and positive analysis, and the implications of this distinction for practical use of cost-benefit analyses.


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Autorenporträt
Karine Nyborg is Professor of Economics at the University of Oslo, Norway. In addition to her research publications, she has contributed to the debate on environmental cost-benefit analysis through her participation in several Government-appointed expert commissions. She will be the President of the European Association of Environmental and Resource Economists during 2012 and 2013, and is also a fiction writer.