Economic approaches to environmental decision-making

Julian Lowe and D Lewis

Omega, 1979, vol. 7, issue 5, 421-430

Abstract: There are several important economic reasons why government has a role in environmental management. However there are also substantial informational problems that must be solved if government intervention is to be adequately directed. Traditional cost-benefit techniques are subject to some serious conceptual and empirical problems. However there are less powerful approaches which provide more feasible alternatives to environmental measurement which the authors discuss.

Date: 1979
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