Synopses & Reviews
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 probe, analyze, and illuminate the central issues in the discipline.
Description
Includes bibliographical references (p. 334-338) and indexes.
About the Author
Chennat Gopalakrishnan is Professor at the University of Hawaii at Manoa, Honolulu, Hawaii.
Table of Contents
Classic Papers in Natural Resource Economics--Chennat Gopalakrishnam * The Intertemporal Problem * The Social Time Preference Discount Rate in Cost Benefit Analysis--Martin S. Feldstein * On the Social Rate of Discount--William F. Baumol * Uncertainty and the Evaluation of Public Investment Decisions--Kenneth J. Arrow & Robert C. Lind * Environment Preservation, Uncertainty and Irreversibility--Kenneth J. Arrow & Anthony C. Fisher * Externalities and Market Failure * The Problem of Social Cost--Ronald H. Coase * Externality--James M. Buchanan & William C. Stubblebine * On Divergences and Between Social Cost and Private Cost--Ralph Turvey * Property Rights, Institutions and Public Choice * Toward a Theory of Property Rights--Harold Demsetz * The Economic Theory of a Common-Property Resource--H. Scott Gordon * Politics, Policy and the Pigovian Margins--James M. Buchanan * The Economics of Exhaustible Resources * Harold Hotelling * The Resources of Economics--Robert M. Solow * Economics of Production From Natural Resources--Vernon L. Smith * Economics of Forestry in an Evolving Society--Paul A. Samuelson