LEADER 05023nam 22006975 450 001 9910409662303321 005 20250609112118.0 010 $a3-030-48958-2 024 7 $a10.1007/978-3-030-48958-8 035 $a(CKB)4100000011321113 035 $a(MiAaPQ)EBC6237874 035 $a(DE-He213)978-3-030-48958-8 035 $a(MiAaPQ)EBC6237930 035 $a(EXLCZ)994100000011321113 100 $a20200626d2020 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aLecture Notes on Resource and Environmental Economics /$fby Anthony C. Fisher 205 $a1st ed. 2020. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2020. 215 $a1 online resource (158 pages) 225 1 $aThe Economics of Non-Market Goods and Resources,$x1571-487X ;$v16 311 08$a3-030-48957-4 320 $aIncludes bibliographical references. 327 $a1 The Classical Roots of Resource Economics -- 2 Optimal Depletion of Exhaustible Resources -- 3 Renewable Resources -- 4 Environmental Resources: Dynamics, Irreversibility and Option Value -- 5 Resources, Growth and Sustainability -- 6 Climate: The Ultimate Resource?. 330 $aThis book, based on lectures on natural and environmental resource economics, offers a nontechnical exposition of the modern theory of sustainability in the presence of resource scarcity. It applies an alternative take on environmental economics, focusing on the economics of the natural environment, including development, computation, and potential empirical importance of the concept of option value, as opposed to the standard treatment of the economics of pollution control. The approach throughout is primarily conceptual and theoretical, though empirical estimation and results are sometimes noted. Mathematics, ranging from elementary calculus to more formal dynamic optimization, is used, especially in the early chapters on the optimal management of exhaustible and renewable resources, but results are always given an economic interpretation. Diagrams and numerical examples are also used extensively. The first chapter introduces the classical economists as the first resource economists, in their discussion of the implications of a limited natural resource base (agricultural land) for the evolution of the wider economy. A later chapter returns to the same concerns, along with others stimulated by the energy and environmental ?crises? of the 1970s and beyond. One section considers alternative measures of resource scarcity and empirical findings on their behavior over time. Another introduces the modern concept of sustainability with an intuitive development of the analytics. A chapter on the dynamics of environmental management motivates the concept of option value, shows how to compute it, then demonstrates its importance in an illustrative empirical example. The closing chapter, on climate change, first projects future changes and potential catastrophic impacts, then discusses the policy relevance of both option value and discounting for the very long run. This book is intended for resource and environmental economists and can be read by interested graduate and advanced undergraduate students in the field as well. 410 0$aThe Economics of Non-Market Goods and Resources,$x1571-487X ;$v16 606 $aEnvironmental economics 606 $aNatural resources 606 $aEnergy policy 606 $aEnergy policy 606 $aEnvironmental management 606 $aEconomics 606 $aEnvironmental Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W48000 606 $aNatural Resources$3https://scigraph.springernature.com/ontologies/product-market-codes/U39000 606 $aEnergy Policy, Economics and Management$3https://scigraph.springernature.com/ontologies/product-market-codes/112000 606 $aEnvironmental Management$3https://scigraph.springernature.com/ontologies/product-market-codes/U17009 606 $aEconomic Theory/Quantitative Economics/Mathematical Methods$3https://scigraph.springernature.com/ontologies/product-market-codes/W29000 615 0$aEnvironmental economics. 615 0$aNatural resources. 615 0$aEnergy policy. 615 0$aEnergy policy. 615 0$aEnvironmental management. 615 0$aEconomics. 615 14$aEnvironmental Economics. 615 24$aNatural Resources. 615 24$aEnergy Policy, Economics and Management. 615 24$aEnvironmental Management. 615 24$aEconomic Theory/Quantitative Economics/Mathematical Methods. 676 $a333.7 700 $aFisher$b Anthony C$4aut$4http://id.loc.gov/vocabulary/relators/aut$0247779 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910409662303321 996 $aLecture Notes on Resource and Environmental Economics$91914880 997 $aUNINA