The Economics of Resources or the Resources of Economics
نویسندگان
چکیده
منابع مشابه
On the Economics of Non-Renewable Resources
This paper presents an overview of the key economic results associated with the use of non-renewable resources. The basic Hotelling model of resource depletion is discussed, followed by several extensions. The fundamental result is that scarcity rent rises at the discount rate, and that at equilibrium, marginal benefits from extraction must equal the marginal economic cost. If marginal extracti...
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Recent events, news articles in the popular press, and research outside the field of economics have raised alarming questions about the sufficiency of global freshwater supplies and the potentially devastating impacts of current and future water shortages. For example, the 2008 Beijing Olympics drew attention to the problems of pollution and water shortages in China, where massive infrastructur...
متن کاملEconomics of Renewable Natural Resources
Renewable natural resources include those resources useful to human economies that exhibit growth, maintenance, and recovery from exploitation over an economic planning horizon. The economics of such resources has traditionally considered stocks of fish, forests, or freshwater, much like a banker would tally interest on cash deposits. From an economic point of view, the management of biomass, s...
متن کاملThe Economics of Spatial-Dynamic Processes: Applications to Renewable Resources
Spatial-dynamic processes in renewable resource economics pose difficult conceptual, analytical, empirical, and institutional challenges that are distinct from either spatial or dynamic problems. We describe the challenges and conceptual approaches using both continuous and discrete depictions of space and summarize key findings. Using a metapopulation model of the fishery and simulated economi...
متن کاملThe Methodology of Islamic Economics
his paper investigates the conformity of market participants’ decisions with the Islamic codes of conduct from the economic and philosophical perspectives. At the outset, the contributions of the renowned contemporary Muslim philosophers on the epistemological issues between the “is” and the “ought” are presented. Subsequently, a synthesized construct that would resolve the dichotomy between th...
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ژورنال
عنوان ژورنال: Journal of Natural Resources Policy Research
سال: 2008
ISSN: 1939-0459,1939-0467
DOI: 10.1080/19390450802504048