Book excerpt: This is a book of uncompromising technical excellence, which does exactly what it promises to do: chart the cutting-edge frontiers of environmental and ecological economics, for the benefit of graduate students, professional academics, and policy making elites. The authors are mostly academic leaders in the field, the topics are hot . . . the contributors make the links between abstract theorizing and the concrete mental framing of issues that is a prerequisite for sound policy design . . . The papers in this collection exhibit rigorous and robust analytical frameworks, presented intuitively in clear words as well as mathematically, and harnessed to wide-ranging up-to-date bibliographies which quickly open the door into recent literature . . . this will be a book to keep on a convenient shelf for reference purposes . . . it is hard to imagine a graduate student reading this book and failing to spot opportunities to colonize new theoretical territory beyond the present frontier, or to explore empirically the areas outlined in these chapters. Geoffrey Bertram, Papers in Regional Science Top European and American scholars contribute to this cutting-edge volume on little-researched areas of environmental and resource economics. Topics include spatial economics, poverty and development, experimental economics, large-scale risk and its management, organizational economics, technological innovation and diffusion and many more. The common thread is the language and methodology of economics, yet the work aims to reach an audience wider than academia; others such as researchers and policymakers, in the public sector, professional staff in research institutes and think tanks, and environmental consultants will all benefit from an awareness of these crucial issues which, if not considered now, will become the problems of the future.