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For the past 25 years, governmental decisionmakers have employed the economic approach of benefitcost analysis for resource allocation decisions. Environmental Economics describes, in a nontechnical, readily understandable way, why the actual practice of benefitcost analysis in environmental settings is heavily biased against the environment. The book provides environmentalists with the tools necessary to show policymakers that pursuing many policies with apparent costs greater than benefits are, in fact, welfare enhancing.
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This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
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