{"product_id":"natural-resource-economics-paperback-9780521311748","title":"Natural Resource Economics (Paperback) 9780521311748","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eNatural Resource Economics\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eApplies the theory of the firm to solving problems in resource economics.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003ePhilip A. Neher (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521311748, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback, published 27 April 1990\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e372 pages\u003cbr\u003e22.9 x 15.2 x 2.1 cm, 0.55 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThe 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.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePreface\u003cbr\u003e Introduction\u003cbr\u003e Part I. Elements of Resource Economics: 1. The fishery\u003cbr\u003e 2. The forest\u003cbr\u003e 3. The environment\u003cbr\u003e 4. The mine\u003cbr\u003e Part II. Intertemporal Resource Management: 5. Firms, flows, and assets\u003cbr\u003e 6. Technologies, costs, and static optimization\u003cbr\u003e 7. A resource film\u003cbr\u003e 8. Supply and demand\u003cbr\u003e 9. Resource pricing\u003cbr\u003e Part III. Renewable Resources: 10. A schooling fishery\u003cbr\u003e 11. Search fisheries\u003cbr\u003e 12. Production externalities\u003cbr\u003e 13. Amenity values\u003cbr\u003e 14. Aquifers and other common pools\u003cbr\u003e Part IV. Exhaustible Resources: 15. Costless production\u003cbr\u003e 16. Exogenous\u003cbr\u003e 17. Variable extraction costs\u003cbr\u003e 18. Stock effects\u003cbr\u003e 19. Taxation\u003cbr\u003e 20. Examples\u003cbr\u003e Epilogue: controlling to commons\u003cbr\u003e Bibliography\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Labour economics [\u003ca title=\"See our other books on Labour economics\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Labour%20economics%20%5BKCF%5D%22\"\u003eKCF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46007081861400,"sku":"9780521311748","price":34.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521311748i_296a82a9-afd1-45cc-9aac-c345d26ed7ff.jpg?v=1691375031","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/natural-resource-economics-paperback-9780521311748","provider":"Freshly Printed Books","version":"1.0","type":"link"}