Economic Theory and Exhaustible Resources / Edition 1 available in Paperback
- Pub. Date:
- Cambridge University Press
A presentation of the economic principles relating to the use and management of natural resources, including analysis of optimal use policies.
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.