Environmental external effects are evidence of the inability of market prices to reflect the interdependence of economic activities undertaken within a common environment, and are an essential feature of all market economies. This book shows how external effects are produced by the interaction of the economy with its environment, using a classical mass-balance model.
| ISBN-13: | 9780521340816 |
| ISBN-10: | 0521340810 |
| Publisher: | Cambridge University Press |
| Publication date: | 1987-09-25 |
| Pages: | 179 |
| Product dimensions: | Height: 9 Inches, Length: 6 Inches, Weight: 1.0141264052 Pounds, Width: 0.56 Inches |
| Author: | Charles Perrings |
| Language: | en |
| Binding: | Hardcover |
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