This work investigates the methodological challenges and practical applications of cost-benefit analysis when applied to environmental and ecological preservation. The authors, James H. Meisel and K. Puttaswamaiah, utilize economic theory to bridge the gap between financial valuation and the protection of natural resources. They present a framework for quantifying the non-market value of ecosystems to assist policymakers in making informed decisions regarding development and conservation. The text serves as a technical guide for reconciling economic growth with ecological stability.

Experts recognize this text as a foundational resource for students and practitioners of environmental economics. Readers frequently note the technical density of the prose, which requires a solid background in economic principles to fully grasp the proposed analytical frameworks.