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Economic Theory and Exhaustible Resources (Cambridge Economic Handbooks)
 
 
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Economic Theory and Exhaustible Resources (Cambridge Economic Handbooks) [Paperback]

P. S. Dasgupta (Author), G. M. Heal (Author)
5.0 out of 5 stars  See all reviews (1 customer review)

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Book Description

0521297613 978-0521297615 March 31, 1980
A presentation of the economic principles relating to the use and management of natural resources, including analysis of optimal use policies.

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Book Description

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

Product Details

  • Paperback: 516 pages
  • Publisher: Cambridge University Press (March 31, 1980)
  • Language: English
  • ISBN-10: 0521297613
  • ISBN-13: 978-0521297615
  • Product Dimensions: 8.4 x 5.6 x 1 inches
  • Shipping Weight: 11.2 ounces (View shipping rates and policies)
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #201,202 in Books (See Top 100 in Books)

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1 of 1 people found the following review helpful:
5.0 out of 5 stars Excellent book if you know mathematics!, January 6, 2007
This review is from: Economic Theory and Exhaustible Resources (Cambridge Economic Handbooks) (Paperback)
This book contains a lot of mathematics. Even for master degree students, it is not easy to understand. You need be good in mathematics. However, al least to me, it contains a good text about welfare economics and exhaustible resources. This book has been well-known as a "bible" of the natural resources economics. If you want to have the most important book of natural resources, it is a good choice but if you only want to understand easily the natural resources economics, I suggest you other book: Pearce and Turner (1990) "Economics of Natural Resources and the Enviroment"
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Inside This Book (learn more)
First Sentence:
1. The role of natural resources in the functioning of an economic system has received intermittent attention from economists. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
unextracted resource, momentary equilibria, pure licensing scheme, free access equilibrium, pure tax scheme, intertemporal competitive equilibrium, dated contingent goods, fringe stock, catch policy, fringe capacity, marginal felicity, reproducible capital goods, stationary programme, optimum programme, private ownership economy, net benefit curve, optimal programme, felicity function, extraction policy, backstop technology, utility sequences, oligopoly equilibrium, efficient programme, net marginal revenue, feasible programme
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Classical Utilitarianism, United States, Golden Rule, Hotelling Rule, Overtaking Utilitarian, Ramsey Rule, Review of Economic Studies, Western Europe
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