Risk and uncertainty in environmental and natural resource economics /

"This volume presents a selection of the papers presented at the International Conference on Risk and Uncertainty in Environmental and Resource Economics held in June 2002 in Wageningen, The Netherlands."--Ack.

Includes bibliographical references and index.

This book explores some of the complexities of decision-making under risk and uncertainty in environmental and natural resource economics. Risk and uncertainty are inherent problems for economists, and the authors in this volume offer numerous challenges and opportunities to improve the tools we use to assess these concepts. They begin by studying various environmental issues such as climate change and biodiversity conservation to underline the importance of identifying different forms of uncertainty and irreversibility. They moved on to consider the implications risk and uncertainty have on economic development and environmental policies, and studied the attitudes of different user-groups to these issues. Finally, they examined the natural resource management dilemmas faced by the private sector including issues of optimal resource allocation, insurance problems and consumer behavior. Presenting cutting-edge research on the management of the environment under risk and uncertainty, this book will interest and inform academics and researchers in the fields of environmental and resource economics, and decision-makers in governmental and non-governmental agencies. It will also be of value to economists who want to understand the importance of analyzing the impact of risk and uncertainty on environmental and economic processes.

lje 25/08/16

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