Natural Resource Economics: analysis, theory, and applications
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge University Press
2020
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| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | xiv, 346 Seiten Diagramme |
| ISBN: | 9781108713375 9781108499330 |
Internformat
MARC
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Datensatz im Suchindex
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| adam_text | Contents щ List of Figures List of Tables Preface 1 Overview of Fundamental Concepts 1.1 1.2 1.3 1.4 2 Difference and Differential Equations 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 2.10 2.11 3 Introduction The Classification of Dynamic Equations First-Order Linear Autonomous Difference Equations First-Order Nonlinear Autonomous Difference Equations First-Order Linear Autonomous Differential Equations First-Order Nonlinear Autonomous Differential Equations Two First-Order Linear Autonomous Difference Equations Nonlinear Systems of First-Order Difference Equations Linear Systems of Two Differential Equations Nonlinear Systems of First-Order Differential Equations Bifurcations Dynamic Optimization 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 v Natural Resources Are Capital Assets Classification of Natural Resources The Building Blocks of Dynamic Resource Models Exercises Introduction: Static versus Dynamic Models Lagrangian for a Static Allocation Problem Dynamic Allocation with a Lagrangian The Current-Value Hamiltonian and Maximum Principle Deterministic, Discrete-Time, Dynamic Programming A Most Rapid Approach Problem Continuous-Time Allocation Problems Continuous-Time Dynamic Programming The Capital Accumulation Problem Discrete-Time Stochastic Dynamic Programming Continuous-Time Stochastic Calculus and Dynamic Programming Optimality Conditions: A Summary Exercises page viii x xi 1 1 1 З 14 17 17 18 20 26 ЗО 32 34 49 51 63 66 70 70 71 73 79 81 83 86 90 95 97 100 103 105
Contents 4 5 Resource Economics with Mathematica 110 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 4.10 4.11 4.12 110 111 114 120 122 124 129 133 137 144 149 157 Nonrenewable Resources 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 5.10 5.11 5.12 5.13 5.14 6 Introduction and Overview Maximizing Utility from Optimal Extraction The Optimal Date of Exhaustion of a Mine Optimal Extraction with Reserve-Dependent Costs Optimal Extraction in Discrete Time Hotelling, Innovations, and Surprise Discoveries Optimal Extraction from Multiple Reserves Multiple Reserves and Spatially Distributed Users Extraction with CRRA Utility and Stochastic Reserves Opening and Closing a Mine A Two-Period Model of Risky Exploration Global and Locational Externalities Polluting Resources with a Clean Substitute Exercises Bioeconomic Models of Fisheries 6.1 6.2 6.3 6.4 6.5 6.6 6.7 6.8 6.9 6.10 6.11 6.12 7 Introduction Getting Started Basic Syntax and Special Characters Creating and Manipulating Lists, Vectors, and Matrices Defining Functions and Applying Them Manipulating and Solving Equations Graphics Elements of Dynamics Application: Phase Diagram of the Open-Access Fishery Application: A Nonlinear Optimization Solver Application: Functional Iteration of Bellman Equations Finding Help Introduction and Overview Bioeconomics of Pure Open Access Regulated Open Access Limited-Access Fishery: A Game Theoretic Approach Optimal Management in Continuous Time Sole Ownership and the Likelihood of Extinction Optimal Constant Escapement A Continuous-Time Stochastic Fishery The Dynamic Fishery as a Stochastic Differential Game Regime
Shift with the Possibility of Extinction Management Policies Exercises Optimal Stopping Rules 7.1 Introduction and Overview 158 158 159 161 164 168 170 174 176 179 181 186 188 190 195 198 198 199 207 210 214 223 226 228 230 233 237 246 249 249
Contents 7.2 7.3 7.4 7.5 7.6 7.7 8 The Control of Pests and Invasive Species 8.1 8.2 8.3 8.4 8.5 8.6 9 When Should You Open that Bottle of Wine? Time and the Risk of Species Extinction Harvesting a Forest Stand Waiting to Invest in an Irreversible Project Acting to Save a Stochastic Endangered Species Exercises Introduction and Overview Two-Period, Single Control, Deterministic Model Multiple Periods and Controls, Single Threshold A Three-Period Stochastic Model Threshold for the Last Pesticide Application A Stochastic Model of Invasive Species Economics of Antibiotics Efficacy 9. ! 9.2 9.3 9.4 9.5 Introduction Epidemiology The Demand for Antibiotics Antibiotics in an Open-Access Regime The Optimal Use of Antibiotics 10 Wildlife, Agriculture, and Labor 10.1 10.2 10.3 10.4 10.5 Introduction Primary Model Building Blocks Dynamics Analysis Exercises 249 251 252 262 265 269 273 273 275 275 277 283 284 290 290 290 293 294 300 308 308 309 313 314 324 11 Open Access and Optimal Inventory 11.1 Introduction and Overview 11.2 Coupling the Hotelling and Open-Access Models 325 325 325 References Index 338 345
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| isbn | 9781108713375 9781108499330 |
| language | English |
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| spelling | Conrad, Jon M. Verfasser (DE-588)170220176 aut Natural Resource Economics analysis, theory, and applications Jon M. Conrad (Cornell University), Daniel Rondeau (University of Victoria) Cambridge Cambridge University Press 2020 xiv, 346 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Mathematisches Modell (DE-588)4114528-8 gnd rswk-swf Rohstoffwirtschaft (DE-588)4050434-7 gnd rswk-swf Mathematisches Modell (DE-588)4114528-8 s Rohstoffwirtschaft (DE-588)4050434-7 s DE-604 Rondeau, Daniel 1966- Verfasser (DE-588)111040299 aut Erscheint auch als Online-Ausgabe 978-1-108-60620-2 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=031837488&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
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| subject_GND | (DE-588)4114528-8 (DE-588)4050434-7 |
| title | Natural Resource Economics analysis, theory, and applications |
| title_auth | Natural Resource Economics analysis, theory, and applications |
| title_exact_search | Natural Resource Economics analysis, theory, and applications |
| title_full | Natural Resource Economics analysis, theory, and applications Jon M. Conrad (Cornell University), Daniel Rondeau (University of Victoria) |
| title_fullStr | Natural Resource Economics analysis, theory, and applications Jon M. Conrad (Cornell University), Daniel Rondeau (University of Victoria) |
| title_full_unstemmed | Natural Resource Economics analysis, theory, and applications Jon M. Conrad (Cornell University), Daniel Rondeau (University of Victoria) |
| title_short | Natural Resource Economics |
| title_sort | natural resource economics analysis theory and applications |
| title_sub | analysis, theory, and applications |
| topic | Mathematisches Modell (DE-588)4114528-8 gnd Rohstoffwirtschaft (DE-588)4050434-7 gnd |
| topic_facet | Mathematisches Modell Rohstoffwirtschaft |
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