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This  complex issue is analyzed using different approaches, with a  discussion of the case of Venice as an example of some of the most  relevant problems concerning the relation between the environment and  development in the contemporary world: the trade-off between  preserving an ecosystem and considering it as an economic resource;  the evolution of different urban growth scenarios and the preservation  of a physical habitat; the role of immaterial production in urban  economic development; the nature of tourism as a sustainable activity,  considered from both from the environmental and cultural angles; the  institutional aspect of governing a process of sustainable urban  development.    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Since the second half of the 1980s, there has been an increasingly frequent use of the term sustainable development, to refer to the preoccupation that the production of goods and services may decrease standards of living. It is natural to analyze this question from the point of view of economic models, which may be helpful in at least identifying the main factors behind such preoccupations and perhaps in suggesting policy measures. Indeed, models are useful to discuss some relevant factors, like the structure of production of the economy, the type of preferences and goals pursued by agents, and the elements of uncertainty. This monograph will consider some of these themes: there will be a study of the analytical framework which can be used for the purpose of defining and analyzing sustainability, and some discussion of how to calibrate a restricted version of the model to empirical data. There will be also some analysis about which type of uncertainty should be incorporated into the model, and which objective functions may be useful for policy purposes. Also, there will be discussions about the key variables which should be included, and some description of a general framework.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52125766680849,"sku":"NLS9780792340324","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780792340324.jpg?v=1757468419"},{"product_id":"sustainable-venice-suggestions-for-the-future-book-i-musu-9789401037884","title":"Sustainable Venice: Suggestions for the Future","description":"It is universally recognised that Venice and its lagoon are of  such value that they constitute an international public good that must  be preserved for humanity as a whole. But such an ambitious task  requires a diversified, sustainable set of economic activities, mostly  focused on the production of services and non-material goods. This  complex issue is analyzed using different approaches, with a  discussion of the case of Venice as an example of some of the most  relevant problems concerning the relation between the environment and  development in the contemporary world: the trade-off between  preserving an ecosystem and considering it as an economic resource;  the evolution of different urban growth scenarios and the preservation  of a physical habitat; the role of immaterial production in urban  economic development; the nature of tourism as a sustainable activity,  considered from both from the environmental and cultural angles; the  institutional aspect of governing a process of sustainable urban  development.    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This volume inc1udes the proceedings of that meeting, as well as additional original contributions, in an attempt to provide an overview of recent theoretical developments in the field. Research on the causes, consequences, and control of nonpoint source pol- lution has been carried out over the last two decades. Interest in this subject has grown as a result of the increasing recognition of the insufficiency of traditional pollution control policies focused on the large scale, confined, and general- ly predictable pollutant discharges. In fact, many contemporary problems are caused by the combined activities of small polluters, along with natural pro- cesses, intermittent and unpredictable events, and often involve pollutants with complex environmental outcomes. Despite the progress made in understanding the nature and size of pollution from diffuse sources, the issue of regulation is still far from being system at- ically and adequately addressed. This policy vacuum is partly attributable to the difficulty of adapting the traditional point source regulatory tool kit to the specific features of nonpoint source problems. 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Despite this world-wide effort to achieve a better environmental performance through voluntary approaches, economic analysis has somehow neglected the importance of voluntary approaches as an environmental policy instrument. This book is a first attempt to fill this gap by gathering together all major experts in the fields and by providing a detailed analysis of all main aspects characterising the design and implementation of voluntary approaches in environmental policy. The book, which is the outcome of cooperation between the Ecole des Mines of Paris and the Fondazione ENI E. Mattei, within the EU Concerted Action on Market Based Policy Instruments for Environmental Protection, contains both theoretical analyses and case studies. The chapters of this book therefore provide a useful assessment of the main features and of the potential implementation problems of a new, important and promising environmental policy instrument.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52133245419793,"sku":"NLS9780792355168","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780792355168.jpg?v=1757527616"},{"product_id":"efficiency-and-equity-of-climate-change-policy-book-carlo-carraro-9780792362623","title":"Efficiency and Equity of Climate Change Policy","description":"Efficiency and Equity of Climate Change Policy is a  comprehensive assessment of the economic effects of climate change  policy, addressing the issues with a quantitative modelling approach.  The book thus goes beyond the usual statements on the efficiency of  economic instruments to identify the way gains and losses are  distributed; who gains and who loses. Both the costs and benefits of  climate change policies are analyzed. Most papers also provide useful  information on the economic features of the Kyoto Protocol, its  possible extensions, and the effect of different implementation  strategies (such as the debate on emissions trading ceilings).    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Scientific studies to assess the extent to which emissions resulting from human activities are increasing the atmos- pheric concentration ofgreenhouse gases (GHGs: carbon dioxide, methane, man-made chloro-fluorocarbons, nitrous oxide), thus contributing to raise the global mean temperature, have been carried out since the beginning of the decade. In 1990, a comprehensive report assessing the nature and the effects of global wanning was presented by the Inter-Governmental Panel on Climate Change (IPCC), jointly established by the World Meteorological Organisa- tion and the United Nations Environmental Programme. According to the Report, emissions resulting from human activities are substantially increas- ing the atmospheric concentration of GHGs. This is true, in particular, for carbon dioxide emissions, which result mainly from the burning of fossil fuels. 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Sustainable paths are typically those along which the values of certain key stocks are always pos­ itive, these key stocks being important environmental resources. The types of paths on which certain variables can be positive forever include station­ ary solutions with appropriate positivity conditions, or limit cycles or chaotic attractors satisfying the same positivity conditions. These paths, and the paths which approach them, constitute the set of sustainable paths. From amongst these we have to choose one or more which are in some sense the best. Note that rather than imposing positivity of certain stocks in the long run as a condition for sustainability, we would prefer to derive this as a characteristic of optimal solutions from more fundamental judgements about the valuation of stocks and flows: this is the route pursued by the papers in this volume. 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