Normative Umweltökonomik

One of the fundamental purposes of environmental economics is to contribute to the rationalization of the discourse on this subject by explaining the principles of a rational environmental policy. Andreas Suchanek examines two approaches in regard to their suitability for deriving these principles: welfare economics and normative environmental economics. Based on considerations from social theory and methodology he shows that those principles derived from normative environmental economics are more capable of fulfilling the conditions for the implementation of a rational environmental policy than the principles of welfare economics.