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OverviewEconomics has occasionally recognized, but usually ignored, the common sense truth that human well-being depends on many things other than absolute consumption of wealth. Key among these is the status gained from prosperity relative to others, which makes prosperity both a private benefit and a social cost. After carefully surveying social psychology and anthropology as well as economics, Brekke and Howarth conclude that at least a third of prosperity's effect on well-being comes from status. Armed with this number, they show how status effects dramatically alter the policy prescriptions of standard economic models of taxation, growth and the environment. Full Product DetailsAuthor: Kjell Arne Brekke , Richard B. HowarthPublisher: Edward Elgar Publishing Ltd Imprint: Edward Elgar Publishing Ltd Edition: illustrated edition Dimensions: Width: 15.60cm , Height: 2.50cm , Length: 23.40cm Weight: 0.461kg ISBN: 9781840644333ISBN 10: 1840644338 Pages: 208 Publication Date: 18 December 2002 Audience: College/higher education , Professional and scholarly , Tertiary & Higher Education , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: To order  Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us. Table of ContentsReviews`Status, Growth and the Environment is an impressive book. It employs a series of well-known mathematical models to explore ideas that have previously been discussed in a qualitative way.' -- Journal of Economic Psychology `This is an important and creative extension of economic theory, asking fundamental questions about the relationship between the happiness of individuals and the future of the global environment, human welfare and economic growth. The book is a prescient synthesis of social science and economics, and is both wide-ranging and very readable. This work has implications far beyond economic theory, turning much perceived wisdom on its head through rigorous analysis.' -- Richard Wilk, Indiana University, US `Economics has occasionally recognised, but usually ignored, the common sense truth that human well-being depends on many things other than absolute consumption or wealth. Key among these is the status gained from prosperity relative to others, which makes prosperity both a private benefit and a social cost. After carefully surveying social psychology and anthropology as well as economics, Brekke and Howarth conclude that at least a third of prosperity's effect on well-being comes from status. Armed with this number, they show how status effects dramatically alter the policy prescriptions of standard economic models of taxation, growth and the environment. Once taken seriously, this short book should have a long-term effect on economic policy and teaching.' -- Jack Pezzey, Australian National University, Australia `For many years to come this book will be the natural reference point for modern research on economics and the environment, where behavioural aspects are taken seriously. The authors impressively combine important insights from many social sciences, such as psychology, sociology and anthropology, without losing rigour in their economic analysis. I most strongly recommend this book to all serious scholars of our profession.' -- Olof Johansson-Stenman, Goteborg University, Sweden `Here are two economists who are not afraid to question their discipline's facile assumption that each individual is the best judge of his or her own interests. In a rigorously reasoned analysis, the authors explore instructively the implications for economic growth and environmental policy when economic theory is expanded to incorporate well-established findings by other disciplines of social interdependence. Highly recommended.' -- Richard A. Easterlin, University of Southern California, US 'Status, Growth and the Environment is an impressive book. It employs a series of well-known mathematical models to explore ideas that have previously been discussed in a qualitative way.' -- Journal of Economic Psychology 'This is an important and creative extension of economic theory, asking fundamental questions about the relationship between the happiness of individuals and the future of the global environment, human welfare and economic growth. The book is a prescient synthesis of social science and economics, and is both wide-ranging and very readable. This work has implications far beyond economic theory, turning much perceived wisdom on its head through rigorous analysis.' -- Richard Wilk, Indiana University, US 'Economics has occasionally recognised, but usually ignored, the common sense truth that human well-being depends on many things other than absolute consumption or wealth. Key among these is the status gained from prosperity relative to others, which makes prosperity both a private benefit and a social cost. After carefully surveying social psychology and anthropology as well as economics, Brekke and Howarth conclude that at least a third of prosperity's effect on well-being comes from status. Armed with this number, they show how status effects dramatically alter the policy prescriptions of standard economic models of taxation, growth and the environment. Once taken seriously, this short book should have a long-term effect on economic policy and teaching.' -- Jack Pezzey, Australian National University, Australia 'For many years to come this book will be the natural reference point for modern research on economics and the environment, where behavioural aspects are taken seriously. The authors impressively combine important insights from many social sciences, such as psychology, sociology and anthropology, without losing rigour in their economic analysis. I most strongly recommend this book to all serious scholars of our profession.' -- Olof Johansson-Stenman, Goteborg University, Sweden 'Here are two economists who are not afraid to question their discipline's facile assumption that each individual is the best judge of his or her own interests. In a rigorously reasoned analysis, the authors explore instructively the implications for economic growth and environmental policy when economic theory is expanded to incorporate well-established findings by other disciplines of social interdependence. Highly recommended.' -- Richard A. Easterlin, University of Southern California, US Author InformationKjell Arne Brekke, Department of Economics, University of Oslo, Norway and Richard B. Howarth, Associate Professor of Environmental Studies, Dartmouth College, US Tab Content 6Author Website:Countries AvailableAll regions |
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