Economics, Ethics, and Environmental Policy: Contested Choices

The volume has practical relevance because policy recommendations and choices based on economic analysis are often contested by critics. This book takes their criticism seriously. It seeks to clarify and defend the ethical foundations of environmental economics and examines what lessons environmental economics should draw from the criticism. As a result, the volume improves our understanding of the ethical foundations and implications of economic analysis of environmental problems and policy. The contribution is all the more important because the problem has not been extensively studied.