Many environmental damages are caused by substances which come into existence as undesired joint outputs in the production of desired goods. Whether an output is desired or not, however, is not an inherent property of the substance itself but depends on the context of production. This book...

A major constraining assumption of the break-even concept is that there is only one product line. Though, this assisted greatly in perfecting the normal breakeven analysis model; it, however, prevented the use of the concept in analyzing multi-product breakeven points. Earlier attempts to...

This groundbreaking book takes a fresh look at how environmental problems emerge from economic activity and how they may be addressed in a responsible and sustainable manner. At its centre is the concept of joint production. This captures the phenomenon whereby several effects necessarily emerge...