Book Description

Hardbound. In recent years, there has been renewed interest in index number and aggregation theory, since the two previously divergent fields have been successfully unified. The underlying aggregator functions which are weakly separable subfunctions of utility and production functions, are the building blocks of economic theory, and the derivation of index numbers based upon their ability to track those building blocks is now called the "economic theory of index numbers."

William Barnett, the coeditor of this volume, introduced modern economic index number theory into monetary economics. His merger of economic index number theory, with monetary theory was based upon the use of Diewert's approach to producing "superlative" nonparametric approximations to the theoretically exact aggregator functions. This book comprises a focussed and unified collection of Barnett's most important publications in this area.

The papers in the book have been organized ... Read more

Book Description

Hardbound. ... Read more

Book Description

Robert N. Stavins has emerged as one of the most influential voices in environmental economics over the last decade and a half. These twenty-three essays on environmental economics and policy, written by Professor Stavins and his co-authors over the period 1988-1999, originally appeared in a diverse set of leading, scholarly periodicals and are here collected for the first time.

The book is divided into seven parts: overview; benefits and costs of environmental regulation; normative analysis of policy instruments; positive analysis of policy instruments; environmental technology innovation and diffusion; causes and consequences of land-use changes; and global climate policy. The book begins with an introductory essay in which Stavins reflects on the professional path that led to his research and writing and identifies common themes that emerge from this period of research.

Students, scholars, practitioners and policymakers will find this volume a valuable and very useful addition to their collection. ... Read more