Umweltökonomie

This standard textbook analyzes environmental issues and environmental policy from an economic perspective. It not only provides a clear presentation of environmental economics from its microeconomic foundations to the latest research approaches but also offers guidance for the current environmental policy discussion. The new edition includes extensive updates, particularly regarding the international climate protection agreement in Paris and the EU emissions trading system. The perspective of the economics of environmental policy instrument use is broadened by incorporating behavioral economic aspects. Additionally, the effects of the use of environmental policy instruments on technological progress in environmental matters are discussed from an economic standpoint.