The view taken by environmental economics of the environment tends to see it as having certain characteristics. Among these are that it is a free good, inexhaustible, belonging to nobody and without any form of regulatory price, in the absence of an exchange value. These characteristics lead to...

This study estimates the monetary benefits to individuals from health damages avoided as a result on reductions in air pollution in the urban industrial city of Kanpur in India. A notable feature of this study is that it uses data from weekly health-diaries collected for three seasons. For...

The paper shows the current state of environmental concerns in economic theory. Different economic schools have incorporated the environmental analysis into their theoretical framework. They use different presumptions, focus on different environmental aspects and come to diverse conclusions and...