The Economic Dynamics of Environmental Law

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Publisher : MIT Press
ISBN 13 : 9780262541398
Total Pages : 284 pages
Book Rating : 4.5/5 (413 download)

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Book Synopsis The Economic Dynamics of Environmental Law by : David M. Driesen

Download or read book The Economic Dynamics of Environmental Law written by David M. Driesen and published by MIT Press. This book was released on 2003 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study showing that environmentally beneficial technical innovation would be more effective than economic efficiency as the organizing principle of environmental public policy.

Economic Dynamics of Environmental Law

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Economic Dynamics of Environmental Law by : David M. Driesen

Download or read book Economic Dynamics of Environmental Law written by David M. Driesen and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic Dynamics of Environmental Law proposes an alternative to static efficiency-based analysis and policy prescription, focusing primarily upon the environmental law example. It argues for an approach that takes change over time seriously. In particular, an economic dynamic exists that tends to diminish environmental quality over time, principally through increased consumption and population growth. For that reason environmental policy should compensate for these tendencies by encouraging pro-environmental innovation, which the free market often fails to foster. The literature has blurred attention to the innovation problem by failing to acknowledge the tension between fostering innovation beneficial for the long-term and regulation aimed at short term efficiency. Environmental policy cannot foster innovation by treating each regulatory decision as a separate transaction governed by principles of allocative efficiency. Rather, environmental policy-makers should aim to address this larger picture by securing a sufficient number of environmentally positive decisions to countervail numerous private decisions that tend to degrade the environment. This book employs an institutional economic framework, placing some emphasis on Douglas North's idea of adaptive efficiency, to analyze how to think about the environmental law's economic dynamic. It critiques cost-benefit analysis, emissions trading, and free trade-based restraints on environmental protection. It uses the free market as a model, not of efficiency, but of a dynamic encouraging innovation and adaptation in the face of uncertainty. And it urges consideration of a variety of reforms based on economic dynamic analysis. This book contends that its economic dynamic theory offers a viable alternative to policy prescription based on a neoclassical economic framework in a variety of areas, and includes an application of the theory to the law of regulated industries.

The Economic Dynamics of Law

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Publisher : Cambridge University Press
ISBN 13 : 1107378044
Total Pages : 255 pages
Book Rating : 4.1/5 (73 download)

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Book Synopsis The Economic Dynamics of Law by : David M. Driesen

Download or read book The Economic Dynamics of Law written by David M. Driesen and published by Cambridge University Press. This book was released on 2012-06-18 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 and Economics

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Publisher : Springer
ISBN 13 : 3319509322
Total Pages : 534 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Environmental Law and Economics by : Klaus Mathis

Download or read book Environmental Law and Economics written by Klaus Mathis and published by Springer. This book was released on 2017-04-07 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: This anthology discusses important issues surrounding environmental law and economics and provides an in-depth analysis of its use in legislation, regulation and legal adjudication from a neoclassical and behavioural law and economics perspective. Environmental issues raise a vast range of legal questions: to what extent is it justifiable to rely on markets and continued technological innovation, especially as it relates to present exploitation of scarce resources? Or is it necessary for the state to intervene? Regulatory instruments are available to create and maintain a more sustainable society: command and control regulations, restraints, Pigovian taxes, emission certificates, nudging policies, etc. If regulation in a certain legal field is necessary, which policies and methods will most effectively spur sustainable consumption and production in order to protect the environment while mitigating any potential negative impact on economic development? Since the related problems are often caused by scarcity of resources, economic analysis of law can offer remarkable insights for their resolution. Part I underlines the foundations of environmental law and economics. Part II analyses the effectiveness of economic instruments and regulations in environmental law. Part III is dedicated to the problems of climate change. Finally, Part IV focuses on tort and criminal law. The twenty-one chapters in this volume deliver insights into the multifaceted debate surrounding the use of economic instruments in environmental regulation in Europe.

The Law and Economics of the Environment

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781843762935
Total Pages : 432 pages
Book Rating : 4.7/5 (629 download)

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Book Synopsis The Law and Economics of the Environment by : Anthony Heyes

Download or read book The Law and Economics of the Environment written by Anthony Heyes and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: . . . their collection together here represents a valuable addition to the library of those who are concerned with studying, teaching analysing, practicing, or making, environmental law as well as students and practitioners of environmental economics. David Hadley, The Economic Journal The exploration of the basic economics of externalities and the basic common law doctrines and institutions for dealing with externalities constitute a "first generation" of economic analysis of environmental law. The present book of essays illustrates the "second generation" of economic analysis of environmental law. The fundamental economic issues, and the common law, are no longer the focus. The lessons of the "first generation" have been absorbed and transcended. The focus has shifted to the level of application, which is the level at which the economist and the lawyer-economist can best hope to influence policy. We are making progress and the essays in this volume will do much to assure that progress continues. From the foreword by Richard A. Posner, United States Court of Appeals for the Seventh Circuit and University of Chicago Law School, US One of the most exciting and productive areas of research in environmental policy is resulting from the integration of the traditionally separate fields of environmental economics and law and economics. This book brings together the top researchers engaged in this enterprise to share the useful insights that are emerging. Both in terms of the scope of coverage and the depth of analysis this is an absolutely first-rate book. Tom Tietenberg, Colby College, Maine, US This outstanding book focuses on how economics can contribute to the design, implementation and appraisal of legal systems that create the right incentives for environmental protection. The sixteen original and specially commissioned contributions written by some of the leading names in their field span many of the important areas of contemporary interest and employ case study material combined with theoretical, empirical and experimental research. The book addresses many topical issues including: the fundamental notions of property rights and social norms; the design and implementation of civil liability regimes; the use of criminal law as an instrument of environmental policy; the role that citizen suits, self-monitoring and self-enforcement could and should play in the implementation of law; the international harmonisation of environmental law; and the treatment of environmental damages in courts. Cutting-edge economic technique is motivated by, and articulates with, real and pressing policy debates. The contributors refer to a range of legal cases and policy decisions, and draw out a host of policy implications and prescriptions for settings as diverse as Superfund reform in the US and the harmonisation of landfill regulations in the European Union. By combining incisive overviews of the latest thinking and results, complemented by original analysis, The Law and Economics of the Environment will appeal to researchers and students of the environment, law and economics, policy practitioners and those with an interest in knowing what constitutes good environmental law.

Environmental Law, Policy, and Economics

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Publisher : MIT Press
ISBN 13 : 0262012383
Total Pages : 1125 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Environmental Law, Policy, and Economics by : Nicholas Askounes Ashford

Download or read book Environmental Law, Policy, and Economics written by Nicholas Askounes Ashford and published by MIT Press. This book was released on 2008 with total page 1125 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past twenty-five years have seen a significant evolution in environmental policy, with new environmental legislation and substantive amendments to earlier laws, significant advances in environmental science, and changes in the treatment of science (and scientific uncertainty) by the courts. This book offers a detailed discussion of the important issues in environmental law, policy, and economics, tracing their development over the past few decades through an examination of environmental law cases and commentaries by leading scholars. The authors focus on pollution, addressing both pollution control and prevention, but also emphasize the evaluation, design, and use of the law to stimulate technical change and industrial transformation, arguing that there is a need to address broader issues of sustainable development. Environmental Law, Policy, and Economics,which grew out of courses taught by the authors at MIT, treats the traditional topics covered in most classes in environmental law and policy, including common law and administrative law concepts and the primary federal legislation. But it goes beyond these to address topics not often found in a single volume: the information-based obligations of industry, enforcement of environmental law, market-based and voluntary alternatives to traditional regulation, risk assessment, environmental economics, and technological innovation and diffusion. Countering arguments found in other texts that government should play a reduced role in environmental protection, this book argues that clear, stringent legal requirements--coupled with flexible means for meeting them--and meaningful stakeholder participation are necessary for bringing about environmental improvements and technologicial transformations.

Beyond Environmental Law

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Publisher : Cambridge University Press
ISBN 13 : 1139486861
Total Pages : 305 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Beyond Environmental Law by : Alyson C. Flournoy

Download or read book Beyond Environmental Law written by Alyson C. Flournoy and published by Cambridge University Press. This book was released on 2010-02-26 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a vision for the third generation of environmental law designed to enhance its ability to protect our environment. The book presents two core proposals, an Environmental Legacy Act to preserve a defined environmental legacy for future generations and an Environmental Competition Statute to spark movement to new clean technologies. The first proposal would require, for the first time, that the federal government define an environmental legacy that it must preserve for future generations. The second would establish a market competition to maximize environmental protection. The balance of the book provides complementary proposals and analysis. The first generation of environmental law sought broad protection of health and the environment in a fairly fragmented way. The second sought to enhance environmental law's efficiency through cost-benefit analysis and market mechanisms. These proposals seek to create a broader, more creative approach to solving environmental problems.

The Jurisdynamics of Environmental Protection

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Publisher : Environmental Law Institute
ISBN 13 : 9781585760718
Total Pages : 554 pages
Book Rating : 4.7/5 (67 download)

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Book Synopsis The Jurisdynamics of Environmental Protection by : Jim Chen

Download or read book The Jurisdynamics of Environmental Protection written by Jim Chen and published by Environmental Law Institute. This book was released on 2003 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: On November 1 and 2, 2002, the University of Minnesota Law School and the University of Minnesota''s Consortium on Law and Values in Health, Environment, and the Life Sciences sponsored a symposium in honor of Professor Daniel A. Farber's contributions to environmental law. The resulting symposium, The Pragmatic Ecologist: Environmental Protection as a Jurisdynamic Experience, was published in volume 87 of the Minnesota Law Review. The Environmental Law Institute has now combined the proceedings of The Pragmatic Ecologist with additional contributions from many other leading scholars.

Economics of Environmental Law

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Publisher :
ISBN 13 :
Total Pages : 603 pages
Book Rating : 4.:/5 (554 download)

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Book Synopsis Economics of Environmental Law by : Richard R. W. Brooks

Download or read book Economics of Environmental Law written by Richard R. W. Brooks and published by . This book was released on 2009 with total page 603 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics of Environmental Law

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 9781848441026
Total Pages : 0 pages
Book Rating : 4.4/5 (41 download)

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Book Synopsis Economics of Environmental Law by : Richard Rexford Wayne Brooks

Download or read book Economics of Environmental Law written by Richard Rexford Wayne Brooks and published by Edward Elgar Publishing. This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic approach to environmental law and policy has become the dominant framework for analyzing pollution, resource management and many other environmental challenges throughout the world. This two-volume set presents essential articles from both the leading edge of methodological innovation in environmental law and economics and the bedrock of theory upon which all such innovations are built. The editors' extensive introduction contextualizes the selected papers, highlighting the central theoretical and empirical challenges facing future advancement of this discipline. An impressive collection that is indispensable to policymakers, scholars and those with an interest in the developments in this ever-important field.

Economic Thought and U.S. Climate Change Policy

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Publisher : American and Comparative Envir
ISBN 13 : 9780262541985
Total Pages : 0 pages
Book Rating : 4.5/5 (419 download)

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Book Synopsis Economic Thought and U.S. Climate Change Policy by : David M. Driesen

Download or read book Economic Thought and U.S. Climate Change Policy written by David M. Driesen and published by American and Comparative Envir. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Environment After RIO:International Law and Economics

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Publisher : Springer
ISBN 13 :
Total Pages : 316 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Environment After RIO:International Law and Economics by : Luigi Campiglio

Download or read book The Environment After RIO:International Law and Economics written by Luigi Campiglio and published by Springer. This book was released on 1994-02-11 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises 19 papers which are revised versions of papers presented to the Congress on the environment after Rio, held at Courmayeur, Italy in 1993. The papers are grouped under four themes: the Rio Conference between policy and law; declarations and conventions adopted at Rio; prospects for the future in light of Agenda 21 and evolving international environmental; and environment, development and interdependence.

Introduction to the Law and Economics of Environmental Policy

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Publisher : Elsevier
ISBN 13 : 0762308885
Total Pages : 554 pages
Book Rating : 4.7/5 (623 download)

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Book Synopsis Introduction to the Law and Economics of Environmental Policy by : T. Swanson

Download or read book Introduction to the Law and Economics of Environmental Policy written by T. Swanson and published by Elsevier. This book was released on 2002-08-15 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An Introduction to the Law and Economics of Environmental Policy" emphasises the importance of institutional design in addressing social problems. Three important issues concerning institutional design are: policies, instruments, and enforcement. This volume surveys each of the issues, and emphasises the common themes arising in optimal institutional design. These themes include the cost of complex institutional design, and the role of private institutions attaining social objects. This book will be particularly useful to law schools, departments of government, policy or economics, environmental managers and insurance companies.

Research Methods in Environmental Law

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Publisher : Edward Elgar Publishing
ISBN 13 : 1784712574
Total Pages : 608 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis Research Methods in Environmental Law by : Andreas Philippopoulos-Mihalopoulos

Download or read book Research Methods in Environmental Law written by Andreas Philippopoulos-Mihalopoulos and published by Edward Elgar Publishing. This book was released on 2017-11-24 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely Handbook brings innovative, free-thinking and radical approaches to research methods in environmental law. With a comprehensive approach it brings together key concepts such as sustainability, climate change, activism, education and Actor-Network Theory. It considers how the Anthropocene subjects environmental law to critique, and to the needs of the variety of bodies, human and non-human, that require its protection. This much-needed book provides a theoretically informed analysis of methodological approaches in the discipline, such as constitutional analysis, rights-based approaches, spatial/geographical analysis, immersive methodologies and autoethnography, which will aid in the practical critique and re-imagining of Environmental Law.

Natural Resources and Sustainable Development

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Publisher : Edward Elgar Publishing
ISBN 13 : 1783478381
Total Pages : 352 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis Natural Resources and Sustainable Development by : Celine Tan

Download or read book Natural Resources and Sustainable Development written by Celine Tan and published by Edward Elgar Publishing. This book was released on 2017-08-25 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the law, regulation and governance of natural resources, this timely work addresses the conflicts and contradictions arising at the intersection between international economic law, sustainable development and other areas of international law, most notably human rights law and environmental law. Bringing together a collection of legal and policy expertise from a range of academic and practitioner perspectives, this book will appeal to scholars of law, political science, international relations, political economy and development studies.

Environmental Law and Policy

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Publisher :
ISBN 13 :
Total Pages : 114 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Environmental Law and Policy by : Richard L. Revesz

Download or read book Environmental Law and Policy written by Richard L. Revesz and published by . This book was released on 2007 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter for the Handbook of Law and Economics provides an economic perspective of environmental law and policy. We examine the ends of environmental policy, that is, the setting of goals and targets, beginning with normative issues, notably the Kaldor-Hicks criterion and the related method of assessment known as benefit-cost analysis. We examine this analytical method in detail, including its theoretical foundations and empirical methods of estimation of compliance costs and environmental benefits. We review critiques of benefit-cost analysis, and examine alternative approaches to analyzing the goals of environmental policies. We examine the means of environmental policy, that is, the choice of specific policy instruments, beginning with an examination of potential criteria for assessing alternative instruments, with particular focus on cost-effectiveness. The theoretical foundations and experiential highlights of individual instruments are reviewed, including conventional, command-and-control mechanisms, market-based instruments, and liability rules. Three cross-cutting issues receive attention: uncertainty; technological change; and distributional considerations. We identify normative lessons in regard to design, implementation, and the identification of new applications, and we examine positive issues: the historical dominance of command-and-control; the prevalence in new proposals of tradeable permits allocated without charge; and the relatively recent increase in attention given to market-based instruments. We also examine the question of how environmental responsibility is and should be allocated among the various levels of government. We provide a positive review of the responsibilities of Federal, state, and local levels of government in the environmental realm, plus a normative assessment of this allocation of regulatory responsibility. We focus on three arguments that have been made for Federal environmental regulation: competition among political jurisdictions and the race to the bottom; transboundary environmental problems; and public choice and systematic bias.

International Environmental Law

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Publisher : Routledge
ISBN 13 : 135136796X
Total Pages : 614 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis International Environmental Law by : Gerry Nagtzaam

Download or read book International Environmental Law written by Gerry Nagtzaam and published by Routledge. This book was released on 2019-10-23 with total page 614 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book seeks to better understand how International Environmental Law regimes evolve. The authors address throughout the major environmental, economic, and political tensions that have both shaped and constrained the evolution of international environmental policy within regimes, and its expression in international legal rule and norm development. Readers will gain an increased understanding of the growing role played by non-state actors in global environmental governance, including environmental non-government organisations, scientists, the United Nations, and corporations. The authors also look ahead to the future of International Environmental Law, evaluating key challenges and decisions that the discipline will face. The text is clear, concise, and accessible. It is ideally suited to students and professionals interested in International Environmental Law, and individuals who are intrigued by this dynamic area of law.