TY - BOOK AU - Conrad,Jon M. TI - Resource economics SN - 0521640121 AV - HC59.15 .C656 1999 U1 - 333.7 21 PY - 1999/// CY - Cambrdige, UK, New York PB - Cambridge University Press KW - Natural resources KW - Management KW - Mathematical models KW - Resource allocation N1 - Includes bibliography references (p.189-207) and index; TOC; 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; Economics N2 - 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 UR - http://www.loc.gov/catdir/samples/cam032/98049529.html UR - http://www.loc.gov/catdir/description/cam029/98049529.html UR - http://www.loc.gov/catdir/toc/cam025/98049529.html UR - http://www.worldcat.org/title/resource-economics/oclc/40218851&referer=brief_results UR - http://lib.ewubd.edu/ebook/5485 ER -