Economic Theory and Exhaustible Resources

P. S. Dasgupta (Author), G. M. Heal (Author)

9780521297615, Cambridge University Press

Paperback, published 31 March 1980

516 pages, 83 b/w illus. 7 tables
21.6 x 13.5 x 3 cm, 0.721 kg

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

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.

Subject Areas: Environmental economics [KCN]