First Published in 2011. Routledge is an imprint of Taylor & Francis, an informa company.
'The core of Kneese's argument can be summarized as follows. Water pollution is a classic example of a 'technological external diseconomy.' By virtue of a technical link between production processes, the costs of a given action are borne by economic units other than those performing the action. Specifically, in water pollution a waste discarder pays nothing for the use of a valuable resource and imposes economic costs on other economic units downstream… The book contains many provocative and useful notions, including some well-stated counters to an extreme 'conservation' position…the book is an important contribution to resource economics, and I expect its readers will find it a sound investment…' Irving Hoch, University of California, Berkeley
Water is one of the most critical and contested resource issues of the 21st century. From its earliest days, water policy has been a fundamental part of RFF's research program, with a focus on assessing the performance of policy instruments for improving water quality both in the U.S. and internationally. This collection of nine books includes landmark works by John Krutilla, Alan Kneese, and Kenneth Frederick--all selected for their relevance to contemporary challenges in water management.
The RFF Library Collection brings back landmark books published by Resources for the Future throughout its nearly 60-year history as the pre-eminent research institution devoted exclusively to environmental issues. The Collection offers individuals and institutions the most classic and relevant literature across a range of environmental issues.