A Course in Environmental Economics Theory, Policy, and Practice

'Mature fields in economics have a foundational text that frames graduate students' understanding of what has been established and where new research is needed. With Phaneuf and Requate's new text, environmental economics has its foundational text! This is the first text that spans the full domain of modern research and practice in environmental economics. The authors have succeeded in defining how the field will be perceived by all economists and perhaps more importantly how the next generation of environmental economists can advance it.' V. Kerry Smith, Emeritus Regents Professor, Arizona State University, Tempe