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Resource economics

Author: Jon M Conrad
Publisher: Cambrdige, UK ; New York : Cambridge University Press, 1999.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
This is a text for students with a background in calculus, intermediate microeconomics, & are familiar with the spreadsheet software Excel. The book covers basic concepts, & shows how to set up spreadsheets to solve dynamic allocation problems.
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Jon M Conrad
ISBN: 0521640121 9780521640121 0521649749 9780521649742
OCLC Number: 40218851
Description: x, 213 pages : illustrations ; 24 cm
Contents: Basic Concepts --
Renewable, Nonrenewable, and Environmental Resources --
Discounting --
A Discrete-Time Extension of the Method of Lagrange Multipliers --
Solving Numerical Allocation Problems --
An Optimal Depletion Problem --
An Optimal Harvest Problem --
The Economics of Fisheries --
Net Growth --
Fishery Production Functions --
The Yield-Effort Function --
The Static Model of Open Access --
The Dynamic Model of Open Access --
Static Rent Maximization by a Sole Owner --
Present Value Maximization --
Traditional Management Policies --
Bioeconomic Management Policies --
ITQ Programs in New Zealand, Australia, and Canada --
The Economics of Forestry --
The Volume Function and Mean Annual Increment --
The Optimal Single Rotation --
The Faustmann Rotation --
An Example --
Timber Supply --
The Optimal Stock of Old-Growth Forest --
The Economics of Nonrenewable Resources --
A Simple Model --
Hotelling's Rule --
The Inverse Demand Curve --
Extraction and Price Paths in the Competitive Industry --
Extraction and Price Paths under Monopoly --
Reserve-Dependent Costs --
Exploration --
The Economic Measure of Scarcity --
Stock Pollutants --
The Commodity-Residual Transformation Frontier --
Damage Functions and Welfare --
A Degradable Stock Pollutant --
Diffusion and a Nondegradable Stock Pollutant --
Optimal Extraction with a Nondegradable Waste --
Recycling --
Emission Taxes and Marketable Pollution Permits --
Option Value and Risky Development --
Cost-Benefit Analysis --
Option Value in a Simple Two-Period Model.
Responsibility: Jon M. Conrad.
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Abstract:

The book covers basic concepts, shows how to set up spreadsheets to solve dynamic allocation problems, and presents economic models for various industries.  Read more...

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'... [an] excellent text that will be suitable for the best of the undergraduates and all the graduates taking this increasingly popular subject.' The Times Higher Education Supplement

 
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