Economic Theory and Exhaustible Resources
A presentation of the economic principles relating to the use and management of natural resources, including analysis of optimal use policies.
- Electronic book text
- 11 May 2012
- CAMBRIDGE UNIVERSITY PRESS
- Cambridge University Press (Virtual Publishing)
- Cambridge, United Kingdom
- 83 b/w illus. 7 tables
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.