Economic Theory and Exhaustible Resources

Economic Theory and Exhaustible Resources

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A presentation of the economic principles relating to the use and management of natural resources, including analysis of optimal use policies.
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Product details

  • Electronic book text
  • Cambridge University Press (Virtual Publishing)
  • Cambridge, United Kingdom
  • 83 b/w illus. 7 tables
  • 1139239589
  • 9781139239585

Table of contents

1. A preview; 2. Resource allocation in a timeless world; 3. Externalities; 4. Intertemporal equilibrium; 5. Renewable resources: some ecological and environmental models; 6. Exhaustible resources: an introduction; 7. Production with exhaustible resources; 8. Resource depletion and capital accumulation in a competitive economy accumulation in a competitive economy; 9. Measureability, comparability and the aggregation of intergenerational welfares; 10. The optimal depletion of exhaustible; 11. Imperfect competition and exhaustible resources; 12. Taxation of exhaustible resources; 13. Uncertainty, information and the allocation of risk; 14. Uncertainty and the allocation of resources; 15. price movements in resource markets; 16. Conclusions; Bibliography; Index.
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