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Actors, ideology, markets: Neoclassical and institutional perspectives on environmental policy
Swedish University of Agricultural Sciences, Uppsala, Sweden. (Ekonomi för hållbar utveckling)ORCID iD: 0000-0003-2689-819X
1994 (English)In: Ecological Economics, ISSN 0921-8009, E-ISSN 1873-6106, Vol. 10, no 1, 47-60 p.Article in journal (Refereed) Published
Abstract [en]

This essay is a critical examination of three well-known textbooks of neoclassical environmental economics  concerning their treatment of environmental policy. Dynamic efficiency in the sense of Cost-Benefit Analysis of a monetary kind is not the value-neutral instrument to project and policy evaluation it purports to be. Measuring willingness-to-pay and other market values does not solve many problems if the issue is one of world view, ideology and life-styles. As an alternative to conventional approaches. a more open attitude to various ideological standpoints in society is recommended.

Neoclassical textbooks emphasize the government as the main agent in environmental policy and classify policy instruments as either belonging to the command-and-control or the economic incentives category. A broadening of perspective is here suggested in the sense ofincluding many more agents of environmental policy; for instance business companies and public interest groups. Environmental policy starts rather at the level of individuals than governments. A distinction is made between monetary and non-monetary incentives and disincentives as ways of influencing behavior, and alternatives to the neoclassical view of man, business, markets are suggested for purposes of understanding social change.

Place, publisher, year, edition, pages
Elsevier, 1994. Vol. 10, no 1, 47-60 p.
Keyword [en]
Actors, Cost-Benefit analysis, ecological economics, environmental policy, ideology, institutional economics, market, neoclassical economics, pluralism
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:mdh:diva-28827DOI: 10.1016/0921-8009(94)90036-1Scopus ID: 2-s2.0-0028119028OAI: oai:DiVA.org:mdh-28827DiVA: diva2:851081
Projects
Sustainability economics
Available from: 2015-09-03 Created: 2015-09-03 Last updated: 2017-12-04Bibliographically approved

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Söderbaum, Peter

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