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Reading List
A "*" denotes required reading. However, you are
expected to know the main points of all the readings.
Reference books:
Charles D. Kolstad. Intermediate
Environmental Economics
Sterner, Thomas, and Jessica Coria (2012). Policy
Instruments for
Environmental and Natural Resource Management. Resources For the
Future, the World Bank, and SIDA.
- Introduction
Background Reading
J.R. McNeill (2000). Something
New Under the Sun: An Environmental History of the Twentieth-Century
World. New York and London: W.W. Norton.
Basic Theory
* Kolstad,
Chapters 3-5.
- Valuation of Environmental Benefits and Damages
Reading
* Heal,
Geoffrey (2002). "Valuing ecosystem services" in B. Kristrom, P.
Dasgupta, K-G. Lofgren (Eds.) Economic Theory for the Environment:
Essays in Honour of Karl-Goran Maler, Cheltenham: Edward Elgar.
* Kolstad,
Chapters 8-10.
* Bhattacharya,
S., Alberini, A. and M. Cropper (2007). "The value of mortality risk
reductions in Delhi, India." Journal
of Risk and Uncertainty 34(1): 21-47.
Griffin, C.
et. al. (1995). Contingent
Valuation and Actual Behavior: Predicting Connections to New Water
Systems in the State of Kerala, India World Bank Economic Review
9(3): 373-395.
Jason F. Shogren, Seung Y. Shin, Dermot J. Hayes,
James B. Kliebenstein (1994). "Resolving Differences in
Willingness to
Pay and Willingness to Accept." American Economic Review
84(1):
255-70.
Tuncel, Tuba, and James K. Hammit (2014). "A new
meta-analysis on the WTP/WTA disparity". Journal of Environmental
Economics and Management 68: 175-187.
Dissanayake, S., Randall A. Bluffstone, E. Somanathan,
Harisharan Luintel, N. S. Paudel, Michael Toman (2018). Forest
Carbon Supply in Nepal: Evidence from a Choice Experiment.
Bockstael, Nancy E., and Kenneth E. McConnell (2007). Environmental and Resource Valuation with
Revealed Preferences. Sections 6.1, 6.2, 7.1, 7.2.
- Policy Instruments for Pollution Control.
Choice of instruments for regulation of pollution
under certainty and uncertainty. Quotas, emissions charges or taxes,
subsidies for abatement, tradeable permits. Informational strategies.
Reading
Kolstad,
Chapters 11-12.
* Sterner and
Coria,
Chapters 4, 5, Chapter 6 upto page 85, Chapter 12, Chapter 13 pages
227-229.
A. Mitchell Polinsky (1979). Notes
on the Symmetry of Taxes and Subsidies in Pollution Control The
Canadian Journal of Economics, 12(1): 75-83.
* Martin L.
Weitzman (1974). "Prices vs. Quantitites." Review of Economic Studies,
41(4): 477-91.
Somanathan, E. (2019). A
tribute to Marty Weitzman. Ideas for India.
- Renewable Resources
Renewable resource extraction in a dynamic setting
under open access and private ownership. Conditions for the optimality
of extinction from the perspective of a single owner. Common property,
an intermediate case. The likelihood of extinction: further
considerations (terrestrial species, storability of the harvest).
Reading
N.S. Jodha (1990). "Rural
Common Property Resources:
Contributions and Crisis." Economic and Political Weekly, June
30, 1990.
* Rajiv Sethi
and E. Somanathan (1996). "The
Evolution of Social Norms in Common Property Resource Use." American
Economic Review, 86(4): 766-88.
* Hanley,
Shogren, and White, pp. 179-181 (Sections 7.2.1 and 7.2.2 on
Hotelling's rule).
* Colin W.
Clark (1976). Mathematical Bioeconomics Section 2.9.
* Tierney,
John (2000). "A tale of two fisheries."
New York
Times Magazine.
* Eggert, Håkan, and Thomas Sterner (2020). "Yes, we can manage fisheries."
- Climate Change
Reading
* Staniford,
Stuart (2010). "Odds
of cooking the grandkids."
Coastal
Risk Screening Tool.
Xu, Chi, Timothy A. Kohler, Timothy M. Lenton,
Jens-Christian Svenning, and Marten Scheffer. "Future of the human
climate niche." Proceedings of the National Academy of Sciences
(2020).
* Panel
discussion at the 6th World Congress of Environmental and Resource
Economists
on “Climate
policy that can live up to the Paris goals”.
Wagner, G., Kåberger, T., Olai, S., Oppenheimer, M.,
Rittenhouse, K., & Sterner, T. (2015). Energy policy: Push
renewables to spur carbon pricing. Nature, 525(7567), 27-29.
* Foley,
Duncan (2007). "The
Economic Fundamentals of Global Warming." Santa Fe Institute Working Paper 07-12-044.
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