Classic Papers in Natural Resource Economics

✍ Scribed by Chennat Gopalakrishnan

• Publisher: Palgrave Macmillan
• Year: 2000
• Tongue: English
• Leaves: 361
• Edition: 1
• Category: Library

✦ Synopsis

Classic Papers in Natural Resource Economics brings together a choice selection of some of the most enduring academic writing published in this field in a single volume. The 14 papers included in this book are grouped into five sections: the intertemporal problem; externalities and market failure; property rights, institutions and public choice; the economics of exhaustible resources, and the economics of renewable resources. Each section represents a major area in natural resource economics. Written by distinguished resource economists, the papers in this volume probe, analyze, and illuminate the central issues in the discipline.

✦ Table of Contents

Cover......Page 1
Contents......Page 6
Preface......Page 8
Acknowledgments......Page 10
List of Contributors......Page 12
Classic Papers in Natural Resource Economics: An Overview......Page 14
I The Intertemporal Problem......Page 24
1 The Social Time Preference Discount Rate in Cost Benefit Analysis......Page 26
2 On the Social Rate of Discount......Page 50
3 Uncertainty and the Evaluation of Public Investment Decisions......Page 67
4 Environment Preservation, Uncertainty, and Irreversibility......Page 89
II Externalities and Market Failure......Page 98
5 The Problem of Social Cost......Page 100
6 Externality......Page 151
7 On Divergences between Social Cost and Private Cost......Page 168
III Property Rights, Institutions and Public Choice......Page 174
8 Toward a Theory of Property Rights......Page 176
9 The Economic Theory of a Common-Property Resource: The Fishery......Page 191
10 Politics, Policy, and the Pigovian Margins......Page 217
IV The Economics of Exhaustible Resources......Page 232
11 The Economics of Exhaustible Resources......Page 234
12 The Economics of Resources or the Resources of Economics......Page 270
V The Economics of Renewable Resources......Page 290
13 Economics of Production from Natural Resources......Page 292
14 Economics of Forestry in an Evolving Society......Page 317
Further Readings......Page 347
G......Page 352
P......Page 353
Z......Page 354
E......Page 355
F......Page 356
L......Page 357
N......Page 358
P......Page 359
T......Page 360
Z......Page 361