Economists and ecologists misunderstand each other about the environment. Improving interdisciplinary communication should enable natural scientists to take economic analysis and prescriptions more seriously.
This is a preview of subscription content, access via your institution
Access options
Subscribe to this journal
Receive 51 print issues and online access
$199.00 per year
only $3.90 per issue
Buy this article
- Purchase on Springer Link
- Instant access to full article PDF
Prices may be subject to local taxes which are calculated during checkout
References
Smith, A. An Inquiry into the Nature and Causes of the Wealth of Nations (Whitestone, Dublin, 1776).
Hahn, R. W. & Hester, G. L. Ecol. Law Q. 16, 361–406 (1989).
Schmalensee, R. et al. J. Econ. Perspect. 12, No. 3 (Summer 1998).
Hahn, R. W. & Stavins, R. N. Am. Econ. Rev. 82, 464–468 (1992).
Smith, V. K. & Huang, J.-C. J. Polit. Econ. 103, 209–227 (1995).
Arrow, K.et al. Science 272, 221–222 (1996).
Christiansen, G. B. & Tietenberg, T. H. in Handbook of Natural Resource and Energy Economics Vol. 1 (eds Kneese, A. V. & Sweeney, J. L.) 345-393 (North-Holland, Amsterdam, 1985).
Author information
Authors and Affiliations
Rights and permissions
About this article
Cite this article
Fullerton, D., Stavins, R. How economists see the environment. Nature 395, 433–434 (1998). https://doi.org/10.1038/26606
Issue Date:
DOI: https://doi.org/10.1038/26606
This article is cited by
-
Recent Trends in Behavioral Environmental Economics
Environmental and Resource Economics (2017)
-
Did the Invisible Hand Need a Regulatory Glove to Develop a Green Thumb? Some Historical Perspective on Market Incentives, Win-Win Innovations and the Porter Hypothesis
Environmental and Resource Economics (2008)
-
Pull off those price tags
Nature (1998)