Classic Papers in Natural Resource Economics

Front Matter....Pages i-xi
Classic Papers in Natural Resource Economics: An Overview....Pages 1-10
Front Matter....Pages 11-11
The Social Time Preference Discount Rate in Cost Benefit Analysis....Pages 13-36
On the Social Rate of Discount....Pages 37-53
Uncertainty and the Evaluation of Public Investment Decisions....Pages 54-75
Environmental Preservation, Uncertainty, and Irreversibility....Pages 76-84
Front Matter....Pages 85-85
The Problem of Social Cost....Pages 87-137
Externality....Pages 138-154
On Divergences between Social Cost and Private Cost....Pages 155-160
Front Matter....Pages 161-161
Toward a Theory of Property Rights....Pages 163-177
The Economic Theory of a Common-Property Resource: The Fishery....Pages 178-203
Politics, Policy, and the Pigovian Margins....Pages 204-218
Front Matter....Pages 219-219
The Economics of Exhaustible Resources....Pages 221-256
The Economics of Resources or the Resources of Economics....Pages 257-276
Front Matter....Pages 277-277
Economics of Production from Natural Resources....Pages 279-303
Economics of Forestry in an Evolving Society....Pages 304-333
Back Matter....Pages 334-348