Mathematics of Financial Obligations or Economics and the Environment

Mathematics of Financial Obligations

Author: AV V Melnikov

The book is geared toward specialists in finance and actuarial mathematics, practitioners in the financial and insurance business, students, and post-docs in corresponding areas of study. Readers should have a foundation in probability theory, random processes, and mathematical statistics.

Booknews

Provides a current, detailed methodology for financial pricing and modeling, covering such topics as innovations and the risk calculus in financial systems, random processes and the stochastic calculus, hedging and incomplete markets, markets with structural constraints and transaction costs, imperfect forms of hedging, dynamic contingent claims and American options, analysis of bond contingent claims, and the economics of insurance and finance. Intended for specialists in finance and actuarial mathematics, practitioners in the financial and insurance business, and students, the volume requires a foundation in probability theory, random processes, and mathematical statistics. Annotation c. Book News, Inc., Portland, OR

Interesting textbook: Body Art Book or Triathloning for Ordinary Mortals

Economics and the Environment

Author: Eban J Goodstein

The second edition of Economics and the Environment centers around four focused questions: How much pollution is too much? Is government up to the job? How can we do better? How can we resolve global issues? Using these questions as guidelines, Goodstein develops the economic tools students need to explore solutions to environmental problems. In the process, the book covers a wealth of current examples, from global warming, to population growth, to urban air pollution and energy policy, to chemical regulation and landfill siting.

Booknews

This textbook introduces the issues related to environmental policy debates and explains the economist's tools for analyzing them. It pairs the standard economic analysis with ethical and ecological concerns. The book considers the determination of acceptable levels of pollution, the government's abilities and limitations, the possibilities for improvement, and the resolution of global issues. Goodstein teaches at Lewis and Clark College. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Table of Contents:

	Preface
	Introduction	1
Ch. 1	Four Economic Questions about Global Warming	3
Pt. I	How Much Pollution is Too Much?	21
Ch. 2	Ethics and Economics	23
Ch. 3	Pollution and Resource Degradation as Externalities	32
Ch. 4	The Efficiency Standard	49
Ch. 5	The Safety Standard	66
Ch. 6	Sustainability: A Neoclassical View	83
Ch. 7	Sustainability: An Ecological View	112
Ch. 8	Measuring the Benefits of Environmental Protection	137
Ch. 9	Measuring the Costs of Environmental Protection	164
Ch. 10	Benefit - Cost in Practice: Implementing the Efficiency Standard	189
Ch. 11	Is More Really Better? Consumption and Welfare	210
Pt. II	Is Government up to the Job?	227
Ch. 12	The Political Economy of Environmental Regulation	229
Ch. 13	An Overview of Environmental Legislation	250
Ch. 14	The Regulatory Record: Achievements and Obstacles	270
Ch. 15	Monitoring and Enforcement	284
Pt. III	How Can we do Better?	303
Ch. 16	Incentive-Based Regulation: Theory	305
Ch. 17	Incentive-Based Regulation: Practice	334
Ch. 18	Promoting Clean Technology: Theory	356
Ch. 19	Promoting Clean Technology: Practice	379
Ch. 20	Energy Policy and the Environment	413
Pt. IV	Can We Resolve Global Issues?	443
Ch. 21	Poverty, Population, and the Environment	445
Ch. 22	Environmental Policy in Poor Countries	476
Ch. 23	The Economics of Global Agreements	510
	Selected Web Sites for Environmental and Natural Resource Economists	529
	Author Index	531
	Subject Index	536