Natural Resource Economics
AbstractThe events of our time reveal a world where people are more able than ever before to exploit their environment. There are questions about when and how to use resources and about the ability of current institutions to make the appropriate decisions concerning their allocation. Natural Resource Economics explores the positive contribution that economics can make to resolving issues of all kinds: the atmosphere, the land and water, and wild animals and plants. This book establishes a concert framework for thinking about resource allocation that borrows from the familiar microeconomic theory of the firm by elaborating the concept of capital asset management and extends these concepts to deal with the problems of resource utilization. In addition, the idea of market failures is used to justify the assertion that collective action is needed to achieve a more economical allocation of resources when ordinary markets are conspicuously inefficient. The book serves the student who wants to learn how to solve natural resource problems as opposite to merely read about them. By working with this volume the reader acquires a tool kit to formulate and solve intertemporal allocation problems. The first section offers an introduction to the main topics and introduces basic ideas to the general reader. The remaining three sections build on university and college lavel micro-economics and on the first university course in mathematics. The use of mathematics is motivated by the pressing need to confront problems that are difficult to solve with less powerful tools. Mathematical appendixes are provided to refresh the reader.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoThis book is provided by Cambridge University Press in its series Cambridge Books with number 9780521311748 and published in 1990.
Contact details of provider:
Web page: http://www.cambridge.org
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Krehbiel, Timothy C. & Gorman, Raymond F. & Erekson, O. Homer & Loucks, Orie L. & Johnson, Pamela C., 1999. "Advancing ecology and economics through a business-science synthesis," Ecological Economics, Elsevier, vol. 28(2), pages 183-196, February.
- Fujikake, Ichiro, 2007. "Selection of tree species for plantations in Japan," Forest Policy and Economics, Elsevier, vol. 9(7), pages 811-821, April.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ruth Austin).
If references are entirely missing, you can add them using this form.