Natural Resource Economics: Notes and Problems

Conrad, Jon M.

ISBN 10: 0521337690 / ISBN 13: 9780521337694

Edité par Cambridge University Press, US, 1987

A propos de cet article

This book reviews techniques of dynamic optimization and shows how they can be applied to the management of various resource systems. In addition, it highlights the theory, models, and methods employed in the discipline of re source economics. Professors Conrad and Clark have written this text under the premise that the theory and concepts in this field are more quickly lea rned and made operational through numerical examples. By working through th e problems at the end of each chapter, readers will learn the techniques th at may be used in empirical studies of natural resources systems. Specifica lly, the chapters deal with renewable resources, nonrenewable resources, en vironmental management, and stochastic resource models, in addition to dyna mic optimization.

N° de réf. du vendeur RWARE0000068367

Détails bibliographiques

• Titre: Natural Resource Economics: Notes and Problems
• Éditeur: Cambridge University Press, US
• Date de parution: 1987
• Langue: anglais
• ISBN à 10 chiffres: 0521337690
• ISBN à 13 chiffres: 9780521337694
• Reliure: Paperback
• État de l'article: Good
• Catalogues du vendeur:
  • Business::Economics

A propos de ce titre

Synopsis

In this book, Jon Conrad and Colin Clark develop the theory of resource economics.

Présentation de l'éditeur

In this book, Jon Conrad and Colin Clark develop the theory of resource economics. To begin, they provide an introduction to the required techniques of dynamic optimization. Throughout the book they build the reader's understanding with many fully-worked problems and numerical examples. The authors have written this text in the belief that the theory and concepts of resource are more quickly learned, more effectively made operational, and more truly understood if the reader is exposed to carefully explained numerical examples. By working through the problems at the end of each chapter, students will learn the techniques to be used in empirical studies of natural resource systems. The first chapter provides an introduction to optimization, including constrained optimization, dynamic allocation problems, dynamic programming, continuous time problems, and the maximum principle, and a discussion of various numerical and graphical techniques. The remaining chapters deal in depth with the economics of renewable resources, nonrenewable resources, with environmental management and with stochastic resource models.