'Resource Economics' engages students and practitioners in natural resource and environmental issues from both local and global standpoints. The 4th edition of this approachable but rigorous text provides a new focus on risk and uncertainty as well as new applications that address the effect of...

The Need for Environmental and Natural Resource Policy -- Classical Causes of Environmental Degradation -- Public Economics and Information -- Adapting Models to Ecosystems: Ecology, Time, and Space -- The Evolution of Rights -- Review of Policy Instruments -- Direct Regulation of the...