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Classic Papers in Natural Resource Economics

  • Book
  • © 2000

Overview

Editors:
  1. Chennat Gopalakrishnan

    1. University of Hawaii at Manoa, Honolulu, US

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Table of contents (15 chapters)

  1. Front Matter

    Pages i-xi
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  2. Classic Papers in Natural Resource Economics: An Overview

    1. Classic Papers in Natural Resource Economics: An Overview

      • Chennat Gopalakrishnan
      Pages 1-10

  3. The Intertemporal Problem

    1. Front Matter

      Pages 11-11
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    2. The Social Time Preference Discount Rate in Cost Benefit Analysis

      • Martin S. Feldstein
      Pages 13-36

    3. On the Social Rate of Discount

      • William F. Baumol
      Pages 37-53

    4. Uncertainty and the Evaluation of Public Investment Decisions

      • Kenneth J. Arrow, Robert C. Lind
      Pages 54-75

    5. Environmental Preservation, Uncertainty, and Irreversibility

      • Kenneth J. Arrow, Anthony C. Fisher
      Pages 76-84

  4. Externalities and Market Failure

    1. Front Matter

      Pages 85-85
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    2. The Problem of Social Cost

      • Ronald H. Coase
      Pages 87-137

    3. Externality

      • James M. Buchanan, William C. Stubblebine
      Pages 138-154

    4. On Divergences between Social Cost and Private Cost

      • Ralph Turvey
      Pages 155-160

  5. Property Rights, Institutions and Public Choice

    1. Front Matter

      Pages 161-161
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    2. Toward a Theory of Property Rights

      • Harold Demsetz
      Pages 163-177

    3. The Economic Theory of a Common-Property Resource: The Fishery

      • H. Scott Gordon
      Pages 178-203

    4. Politics, Policy, and the Pigovian Margins

      • James M. Buchanan
      Pages 204-218

  6. The Economics of Exhaustible Resources

    1. Front Matter

      Pages 219-219
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    2. The Economics of Exhaustible Resources

      • Harold Hotelling
      Pages 221-256

    3. The Economics of Resources or the Resources of Economics

      • Robert M. Solow
      Pages 257-276

  7. The Economics of Renewable Resources

    1. Front Matter

      Pages 277-277
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    2. Economics of Production from Natural Resources

      • Vernon L. Smith
      Pages 279-303
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Keywords

About this book

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 fourteen papers included in this book are grouped into five sections: the intertemporal problem; externalities and market failure; property rights; institutions and public choice; the economics of exhaustible resources; and the economics of renewable resources. Each section represents a major area in natural resource economics. Written by distinguished resource economists, the papers in this volume probe, analyze and illuminate the central issues of the discipline.

Editors and Affiliations

  • University of Hawaii at Manoa, Honolulu, US

    Chennat Gopalakrishnan

About the editor

CHENNAT GOPALAKRISHNAN is Professor of Natural Resource Economics at the University of Hawaii. He has published three books, Natural Resources and Energy, Theory and Policy and The Emerging Marine Economy of the Pacific and The Economics of Energy in Agriculture and approximately sixty journal articles and papers dealing with current and emerging issues in natural resource economics and policy.

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