Titlebook: Environmental and Natural Resource Economics; Kentaka Aruga Textbook 2022 The Editor(s) (if applicable) and The Author(s), under exclusive

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Economics and the Value of Nature,hods used in environmental economics to evaluate the value of nature and assess the environmental impact of economic activities, such as the revealed preference method, the stated preference, and the cost–benefit analysis.

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978-3-030-95079-8The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl

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Nora J. Rifon,Mengtian Jiang,Sookyong Kimms. Differences among the relevant field such as environmental, resource, and ecological economics will be discussed. Next, in Sect. 1.2, I introduce examples of environmental problems like climate change, air pollution, and deforestation and describe the challenges they pose.

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Shalom Levy,Ofrit Kol,Israel D. Nebenzahlr leave other producers or consumers in a worse-off condition or when there is an opportunity for one or another to benefit by changing their economic behavior. In this chapter, we focus on four typical market failure issues that are often discussed in economics textbooks and explain how they are re

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Andrea Manning,Laurent Muzellece of parks, and the conservation of the ecosystem, which are not properly evaluated in markets. Evaluating the value of nature by converting its value to monetary terms is called environmental evaluation or environmental assessment. Environmental assessment is essential for conducting environmental

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