Resource economics /
Conrad, Jon M.
Resource economics / Jon M. Conrad. - Cambrdige, UK ; New York : Cambridge University Press, 1999. - x, 213 p. : ill. ; 24 cm.
Includes bibliography references (p.189-207) and index.
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. TOC
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.
0521640121 0521649749 (pbk.) 9780521640121
98049529
Natural resources--Management--Mathematical models.
Resource allocation--Mathematical models.
HC59.15 / .C656 1999
333.7 / COR 1999
Resource economics / Jon M. Conrad. - Cambrdige, UK ; New York : Cambridge University Press, 1999. - x, 213 p. : ill. ; 24 cm.
Includes bibliography references (p.189-207) and index.
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. TOC
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.
0521640121 0521649749 (pbk.) 9780521640121
98049529
Natural resources--Management--Mathematical models.
Resource allocation--Mathematical models.
HC59.15 / .C656 1999
333.7 / COR 1999