Tuesday, April 18, 2006

New in HOORC’s Library: Managing Wetlands for Private and Social Good

Managing Wetlands for Private and Social Good : Theory, Policy and Cases from Australia by Stuart M. Whitten and Jeff Bennett, explores the issue of management of wetlands located on private lands and the impact of private ownership decisions on the wider community. The book’s authors use bioeconomic analysis to assess the welfare impacts of decisions made by wetland owners, and suggest alternative governance regimes. The book is rich in illustrative tables and figures –Potential New Policy Instruments and Transaction Costs of Alternative Policy Instruments, for example -- and includes 13 pages of references.

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