This article presents knowledge of environmental and natural resource economics related broadly to optimization with respect to spatial dimensions of problems. First, it describes research that informs spatial optimization of resource management and policy. Second, the article discusses how to design environmental incentive policies - taxes, subsidies, and tradable permits - in the face of important spatial heterogeneity. Third, it presents research on how the stringency of environmental standards and enforcement activity can and should vary across space. Finally, it reviews the body of work that has carried out positive analyses of spatial processes in urban settings to inform policy aimed at urban environmental quality and natural resource conservation.
|Original language||English (US)|
|Title of host publication||Environment|
|Number of pages||8|
|State||Published - Jan 1 2013|
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)
- Business, Management and Accounting(all)