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Titlebook: Economic Theory of Natural Resources; W. Eichhorn,R. Henn,R. W. Shephard Conference proceedings 1982 Springer-Verlag Berlin Heidelberg 198

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Methodologische Grundlagen der Kostentheoriety has lessened. Therefore one has to bear in mind the exhaustability of a number of significant resources. In all developed countries the research for substitutes has increased. However, even if substitutes are available, it is still necessary to determine the optimal rate of depletion of existing
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https://doi.org/10.1007/978-3-322-83539-0hese markets, mostly constructed with the intention to forecast commodity prices in the long run, in general fail to yield reliable forecasts and are therefore inapplicable in the short run. In recent years, it has become fashionable to regard the short run price prediction on a commodity market as
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A Note on Resource Use, Substitute Production, and Governmental Intervention[1977] and by . [1979], the effects of such interventions on the intertemporal allocation of an exhaustible nonrenewable resource have not been examined in the literature. Furthermore, the analysis has been restricted to the pure theory of exhaustion, where there is no substitute for the resource.
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A New Oil Search Technology and its Economic Relevance within certain geological layers. Only after this search has been successful does investment in drilling (costing at least S 2 million per km) become feasible. The measurements and their evaluation are rather complicated, since the relevant information is hidden in the amplitude of waves reflected by geological layers.
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Analysis of Marine Fishery Systems Based on Commercial Catch and Effort Data. A good understanding and appropriate modeling of the dynamic interaction between the fishery resource itself, the fleet of boats operating on the resource, and the catches resulting from fishing operations is of crucial importance in any attempt to control a fishery in an effective way.
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The Importance of Learning in Planning with Exhaustible Resources the society [for instance, .]. Some of these papers consider possibility of arrival of an advanced technology at some unknown future date and examine the effect of this uncertainty on optimal depletion policy for an exhaustible resource [e.g. . etc.]. However, there have been relatively few studies
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Rationalizing the Use of Aggregates in Natural Resource Economicsirm extracting from a single resource. It is further assumed that there is an aggregate technology set and that the optimization of the present value of net receipts of a firm subject to the technology set characterizes the optimal movement over time of the aggregate extraction rate and the resource
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