Table of Contents:
  • A preview
  • Resource allocation in a timeless world
  • Externalities
  • Intertemporal equilibrium
  • Renewable resources : some ecological and environmental models
  • Exhaustible resources : an introduction
  • Production with exhaustible resources
  • Resource depletion and capital accumulation in a competitive economy
  • Measurability, comparability and the aggregation of intergenerational welfares
  • The optimal depletion of exhaustible resources
  • Imperfect competition and exhaustible resources
  • Taxation of exhaustible resources
  • Uncertainty, information and the allocation of risk
  • Uncertainty and the allocation of resources
  • Price movements in resource markets
  • Conclusions.