Environmental and Natural Resource Economics

An Encyclopedia

by Timothy C. Haab and John C. Whitehead, Editors


Economic markets and environmental outcomes are inextricably linked.

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Cover image for Environmental and Natural Resource Economics

March 2014


Pages 372
Volumes 1
Size 7x10
Topics Economics/General

Accessible to students and practitioners without an advanced degree in environmental economics, this essential reference work pinpoints the role of the economy in both creating and solving many of the world's most pressing environmental challenges.

Given the number and scope of environmental problems we face today, everyone from high school students to policy makers to concerned citizens should understand how the economy works and grasp how meltdowns—both economic and environmental in nature—can be avoided. Environmental and Natural Resource Economics: An Encyclopedia offers the critical information needed to comprehend these complex issues.

The entries cover topics in a manner parallel to how environmental economics is commonly taught, addressing basic concepts, environmental policy, natural resource economics, market failure, exhaustible and renewable resources, benefit-cost analysis, and applied welfare economics. Additionally, the book includes entries on key concepts of economics, movements, events, organizations, important individuals, and research areas relevant to the study of environmental and natural resource economics. This work stands alone as the only title currently offering such a breadth of coverage and level of detail written specifically for readers without specialized knowledge of environmental economics.


  • Provides stand-alone, easy-to-understand, politically neutral, and factually driven entries by leading experts on all the major themes and topics in environmental and natural resource economics
  • Supplies a usable framework for readers without an advanced degree in the subject to understand debates in the public forum on environmental and natural resource economics
  • Delivers the most comprehensive overview of one of the fastest-growing subdisciplines of economics
Author Info

Timothy C. Haab, PhD, is professor of agricultural, environmental, and development economics at The Ohio State University. His published works include Preference Data for Environmental Valuation: Combining Revealed and Stated Approaches and Valuing Environmental and Natural Resources: The Econometrics of Non-Market Valuation. Haab holds a doctorate in agricultural and resource economics from the University of Maryland.

John C. Whitehead, PhD, is professor of economics at Appalachian State University, Boone, NC. His published works include Preference Data for Environmental Valuation: Combining Revealed and Stated Approaches. Whitehead holds a doctorate in economics from the University of Kentucky.



"The entries in this book highlight areas where market-based economic models are inadequate and need to be supplemented to protect our natural resources. An introductory essay summarizes key economic concepts, environmental concerns, and some of the methods used to address these concerns. Entries related to basic economic concepts . . . are well-written."Booklist

"[T]his title should serve as an important reference for students, researchers, policy makers, and interested individuals. Recommended."Choice

"Entries are written at a level accessible to the layman with enough detail to keep an economist's attention. . . .While some topics may contain theory, the overall focus is grounded in current and historical contexts."Reference Reviews

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