Environmental Economics and Policy

Shaun McRae of the University of Michigan reviews “The Economics of Electricity Markets: Theory and Policy”, by Pippo Ranci and Guido Cervigni. The Econlit abstract of this book begins: “Six papers address the main issues that arise when competition is introduced into the electricity industry. Papers discuss wholesale electricity markets (Guido Cervigni and Dmitri Perekhodtsev); generation capacity adequacy (Cervigni, Andrea Commisso, and Perekhodtsev); congestion management and transmission rights (Perekhodtsev and Cervigni); competition policy in the electricity industry (Cervigni and Perekhodtsev); retail competition (Anna Creti and Clara Poletti); and climate change and the future of the liberalized electricity markets (Cervigni). Ranci is Professor of Economic Policy at the Catholic University of Milan and Chair of the Board of Appeal of the European Agency for the Cooperation of Energy Regulators. Cervigni is Research Director at the Center for Research on Energy and Environmental Economics and Policy at Bocconi University and Chief Economist at A2A S.p.A. Index.”

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Environmental Economics and Policy Studies

10.1007/10018.1867-383x ◽

2013 ◽

Keyword(s):

Environmental Economics ◽

Policy Studies ◽

Environmental Economics And Policy

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Book Review: Environmental economics and policy making in developing countries

Progress in Development Studies ◽

10.1177/146499340300300111 ◽

2003 ◽

Vol 3 (1) ◽

pp. 80-81

Author(s):

Chris High

Keyword(s):

Developing Countries ◽

Environmental Economics ◽

Policy Making ◽

Environmental Economics And Policy

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Social Dilemmas in Environmental Economics and Policy Considerations: A Review

ETHICS IN PROGRESS ◽

10.14746/eip.2017.1.10 ◽

2017 ◽

Vol 8 (1) ◽

pp. 156-173

Author(s):

Nicola Cerutti

Keyword(s):

Environmental Economics ◽

Cooperative Behavior ◽

Social Dilemmas ◽

Optimal Solution ◽

Environmental Issues ◽

Theoretical Work ◽

Attitudes And Practices ◽

Explorative Study ◽

Environmental Economics And Policy ◽

Decision Environments

Many crucial environmental issues lead to social dilemmas, in which the personally optimal solution, and the socially optimal solution diverge. Finding a solution to this dilemma is extremely important to allow a good and sustainable management of many exhaustible natural resources. This is especially true when the resource users need to develop collectively a set of rules or practices, and the institutions are unable to provide, or enforce, effective regulations. A few examples are forests, and fisheries, but also carbon emissions. This review presents a selected number of results coming from field observations, laboratory experiments, and theoretical work, which pinpoint some of the more crucial aspects of these decision environments. Knowing which incentives and situational aspects may motivate resource users to adopt a more or less cooperative behavior can potentially be of pivotal importance to develop effective policies and regulations. At the same time, the research we present is also of great interestfor any diagnostic or explorative study that aims to study direct resource users, and their development of cooperative attitudes and practices.

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