Natural Resources as Capital

Natural Resources as Capital

Author: Larry Karp

Publisher: MIT Press

Published: 2017-10-27

Total Pages: 433

ISBN-13: 0262534053

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An introduction to the concepts and tools of natural resource economics, including dynamic models, market failures, and institutional remedies. This introduction to natural resource economics treats resources as a type of capital; their management is an investment problem requiring forward-looking behavior within a dynamic setting. Market failures are widespread, often associated with incomplete or nonexistent property rights, complicated by policy failures. The book covers standard resource economics topics, including both the Hotelling model for nonrenewable resources and models for renewable resources. The book also includes some topics in environmental economics that overlap with natural resource economics, including climate change. The text emphasizes skills and intuition needed to think about dynamic models and institutional remedies in the presence of both market and policy failures. It presents the nuts and bolts of resource economics as applied to nonrenewable resources, including the two-period model, stock-dependent costs, and resource scarcity. The chapters on renewable resources cover such topics as property rights as an alternative to regulation, the growth function, steady states, and maximum sustainable yield, using fisheries as a concrete setting. Other, less standard, topics covered include microeconomic issues such as arbitrage and the use of discounting; policy problems including the “Green Paradox”; foundations for policy analysis when market failures are important; and taxation. Appendixes offer reviews of the relevant mathematics. The book is suitable for use by upper-level undergraduates or, with the appendixes, masters-level courses.


Marine Policy and Economics

Marine Policy and Economics

Author: Porter Hoagland

Publisher: Academic Press

Published: 2010

Total Pages: 630

ISBN-13: 0080964818

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This title is an important reference on current knowledge and expertise in one convenient and accessible source. The selected articles - all written by experts in their field - fall into several categories.


Encyclopedia of Ocean Sciences

Encyclopedia of Ocean Sciences

Author:

Publisher: Academic Press

Published: 2019-04-12

Total Pages: 4318

ISBN-13: 0128130822

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The oceans cover 70% of the Earth’s surface, and are critical components of Earth’s climate system. This new edition of Encyclopedia of Ocean Sciences, Six Volume Set summarizes the breadth of knowledge about them, providing revised, up to date entries as well coverage of new topics in the field. New and expanded sections include microbial ecology, high latitude systems and the cryosphere, climate and climate change, hydrothermal and cold seep systems. The structure of the work provides a modern presentation of the field, reflecting the input and different perspective of chemical, physical and biological oceanography, the specialized area of expertise of each of the three Editors-in-Chief. In this framework maximum attention has been devoted to making this an organic and unified reference. Represents a one-stop. organic information resource on the breadth of ocean science research Reflects the input and different perspective of chemical, physical and biological oceanography, the specialized area of expertise of each of the three Editors-in-Chief New and expanded sections include microbial ecology, high latitude systems and climate change Provides scientifically reliable information at a foundational level, making this work a resource for students as well as active researches


Future Sustainable Ecosystems

Future Sustainable Ecosystems

Author: Nathaniel K Newlands

Publisher: CRC Press

Published: 2016-10-03

Total Pages: 290

ISBN-13: 131535666X

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Future Sustainable Ecosystems: Complexity, Risk, Uncertainty provides an interdisciplinary, integrative overview of environmental problem-solving using statistics. It shows how statistics can be used to solve diverse environmental and socio-economic problems involving food, water, energy scarcity, and climate change risks. It synthesizes interdisciplinary theory, concepts, definitions, models and findings involved in complex global sustainability problem-solving, making it an essential guide and reference. It includes real-world examples and applications making the book accessible to a broader interdisciplinary readership. Discussions include a broad, integrated perspective on sustainability, integrated risk, multi-scale changes and impacts taking place within ecosystems worldwide. State-of-the-art statistical techniques, including Bayesian hierarchical, spatio-temporal, agent-based and game-theoretic approaches are explored. The author then focuses on the real-world integration of observational and experimental data and its use within statistical models.


Encyclopedia of Energy, Natural Resource, and Environmental Economics

Encyclopedia of Energy, Natural Resource, and Environmental Economics

Author:

Publisher: Newnes

Published: 2013-03-29

Total Pages: 1056

ISBN-13: 0080964524

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Every decision about energy involves its price and cost. The price of gasoline and the cost of buying from foreign producers; the price of nuclear and hydroelectricity and the costs to our ecosystems; the price of electricity from coal-fired plants and the cost to the atmosphere. Giving life to inventions, lifestyle changes, geopolitical shifts, and things in-between, energy economics is of high interest to Academia, Corporations and Governments. For economists, energy economics is one of three subdisciplines which, taken together, compose an economic approach to the exploitation and preservation of natural resources: energy economics, which focuses on energy-related subjects such as renewable energy, hydropower, nuclear power, and the political economy of energy resource economics, which covers subjects in land and water use, such as mining, fisheries, agriculture, and forests environmental economics, which takes a broader view of natural resources through economic concepts such as risk, valuation, regulation, and distribution Although the three are closely related, they are not often presented as an integrated whole. This Encyclopedia has done just that by unifying these fields into a high-quality and unique overview. The only reference work that codifies the relationships among the three subdisciplines: energy economics, resource economics and environmental economics. Understanding these relationships just became simpler! Nobel Prize Winning Editor-in-Chief (joint recipient 2007 Peace Prize), Jason Shogren, has demonstrated excellent team work again, by coordinating and steering his Editorial Board to produce a cohesive work that guides the user seamlessly through the diverse topics This work contains in equal parts information from and about business, academic, and government perspectives and is intended to serve as a tool for unifying and systematizing research and analysis in business, universities, and government


Handbook of Sustainable Development

Handbook of Sustainable Development

Author: Giles Atkinson

Publisher: Edward Elgar Publishing

Published: 2014-09-26

Total Pages: 621

ISBN-13: 1782544704

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This timely and important Handbook takes stock of progress made in our understanding of what sustainable development actually is and how it can be measured and achieved.ø


International Commodity Market Models and Policy Analysis

International Commodity Market Models and Policy Analysis

Author: O. Güvenen

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 276

ISBN-13: 940091167X

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o. Guvenen, University of Paris IX-Dauphine The aim of this publication is to present recent developments in international com modity market model building and policy analysis. This book is based mainly on the research presented at the XlIth International Conference organised by the Applied Econometric Association (AEA) which was held at the University of Zaragoza in Spain. This conference would not have been possible with out the cooperation of the Department of Econometrics of the University of Zaragoza and its Chairman A.A. Grasa. I would like to express my thanks to all contributors. I am grateful to J.H.P. Paelinck, J.P. Ancot, A.J. Hughes Hallett and H. Serbat for their constructive contributions and comments concerning the structure of the book. vii INTRODUCTION o. Guvenen The challenge of increasing complexity and global interdependence at the world level necessitates new modelling approaches and policy analysis at the macroeconomic level, and for commodities. The evaluation of economic modelling.follows the evolution of international economic phenomena. In that interdependent context there is a growing need for forecasting and simulation tools in the analysis of international primary com modity markets.


Optimal Control and Dynamic Games

Optimal Control and Dynamic Games

Author: Christophe Deissenberg

Publisher: Springer Science & Business Media

Published: 2005-11-03

Total Pages: 351

ISBN-13: 0387258051

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Optimal Control and Dynamic Games has been edited to honor the outstanding contributions of Professor Suresh Sethi in the fields of Applied Optimal Control. Professor Sethi is internationally one of the foremost experts in this field. He is, among others, co-author of the popular textbook "Sethi and Thompson: Optimal Control Theory: Applications to Management Science and Economics". The book consists of a collection of essays by some of the best known scientists in the field, covering diverse aspects of applications of optimal control and dynamic games to problems in Finance, Management Science, Economics, and Operations Research. In doing so, it provides both a state-of-the-art overview over recent developments in the field, and a reference work covering the wide variety of contemporary questions that can be addressed with optimal control tools, and demonstrates the fruitfulness of the methodology.