Valuing the Environment: Economics for a Sustainable Future

By David Glover | Go to book overview
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Glossary

Capital-intensivea - A production process that uses a high proportion of capital among its inputs compared with other factor inputs such as labour

CEEPA - Centre for Environmental Economics and Policy in Africa

CGE model - Computable General Equilibrium model. A model is a set of equations used to represent the workings of the economy (see general equilibrium analysis).

Choice modellingb - A survey-based technique that assesses willingness to pay by having respondents choose between alternative options, where each option has a particular set of features and a price

Command and controlb - Controlling pollution through government-mandated legal restrictions

Common pool resourceb - A resource that is shared among several users

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Valuing the Environment: Economics for a Sustainable Future
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