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- W142051408 abstract "The field of resource and environmental economics aims to ascertain the optimal price of resource, as well as to mitigate, prevent, and mediate the externalities that come with the use of the environment and natural resource. Specifically, environmental economics employs a variety of mainstream neoclassical economic tools and policies to ensure that the environment and natural resources are used in a market efficient manner. Among other goals, it aims to eliminate externalities in the market. As the concept of pricing lies at the heart of environmental economics, valuation of environmental costs and benefits, through direct valuation, contingent valuation or hedonistic price approaches, is an important feature of the former. Touted as a solution and reaction against the deteriorating environment and depleting natural resources, environmental economics has been criticized at more fundamental levels. For example, it has been criticized by ecological environmentalists for ignoring the complex roles and impacts of humans in relation to the larger, interconnected ecological system. It has also been critiqued from the standpoints of Marxist and critical geography for failing to deal with issues of justice and equity in the use and misuse of the environment and natural resources." @default.
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- W142051408 date "2009-01-01" @default.
- W142051408 modified "2023-09-27" @default.
- W142051408 title "Resource and Environmental Economics" @default.
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- W142051408 doi "https://doi.org/10.1016/b978-008044910-4.00225-x" @default.
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