All Matches

Solution Library

Expert Answer

Textbooks

Search Textbook questions, tutors and Books

Oops, something went wrong!

Change your search query and then try again

Result Not Found

Books FREE
Tutors
Study Help
Hire a Tutor
AI Study Help New

Search
Sign In
Register

study help
business
natural resource economics

Questions and Answers of Natural Resource Economics

modified Hotelling rule
single rotation, obtain the first-order condition for maximisation of present value, and recognise that this can be interpreted as
using the expression for present value of
single-rotation stand of timber
obtain and interpret an expression for the present value of
spreadsheet package, to calculate appropriate physical measures of timber growth and yield; and given various economic parameters, to calculate appropriate measures of cost and revenue
numerically parameterised timber growth model, in conjunction with
use
understand the concepts of site value of land and land rent
explain the key differences between plantation forests and other categories of renewable resource
recognise that plantation forests are renewable resources but natural – particularly primary – forests are perhaps best thought of as non-renewable resources in which development entails
describe recent historical and current trends in forestation and deforestation
understand the various functions provided by forest and other woodland resources
variety of policy instruments that are designed to conserve renewable resource stocks and/or promote socially efficient harvesting
understand the workings, and relative advantages, of
describe conditions which increase the likelihood of severe resource depletion or species extinction
explain under what conditions the stock, effort and harvesting outcomes of private fisheries will not be socially efficient
undertake comparative statics analysis and simple dynamic analysis for open-access and privateproperty models
present value (PV)-maximising fishery
static privateproperty fishery, and
specify, and solve for its bioeconomic equilibrium outcome, an open-access fishery,
steady-state outcome
distinguish between steady-state outcomes and dynamic adjustment processes that may (or may not)lead to
sustainable yield and the maximum sustainable yield
understand the idea of
interpret the simple logistic growth model, and some of its variants, including models with critical depensation
renewable resource, and the notions of compensation and depensation in growth processes
understand the biological growth function of
investigate in some depth the dynamics of pollution generation and pollution regulation processes, using phase plane analysis
local, or less pervasive, type, such as the accumulation of lead in water systems or contamination of water systems by effluent discharges
framework that is suitable for analysing stock pollution problems of
‘model of waste accumulation and disposal’ – provides
second resource use and depletion model. This model – which we call
follow the development of
variety of possible measures of scarcity gate stock pollution model to identify how optimal pollution targets can be obtained from generalised versions of the resource depletion models we investigated
understand the concept of natural resource scarcity, and be aware of
identify the consequences of taxes and subsidies on resource net prices and resource revenues
compare resource depletion outcomes in competitive and monopolistic markets
carry out simple comparative dynamic analysis in the context of resource depletion models, and thereby determine the consequences of changes in interest rates, known stock size, demand, price of
socially optimal depletion programme, and why this may differ from privately optimal programmes
understand the meaning of
construct and solve simple discrete time and continuous time models of optimal resource depletion
resource choke price
backstop technology and
understand the role of resource substitution possibilities and the ideas of
appreciate the distinctions between alternative measures of resource stock, such as base resource, resource potential and resource reserves
understand the concept of non-renewable resources
appreciate the ways in which resource use patterns are linked with sustainability
class of models known as ‘optimal growth models’
understand how questions relating to efficient and optimal use of environmental resources over time can be analysed using
recognise the relationship between – but also the difference between – the concepts of efficency and optimality
understand the ideas of ‘efficient’ and ‘optimal’allocations of environmental resources
learn how environmental performance bonds could work
be introduced to the safe minimum standard and the precautionary principle
consider decision making in the face of uncertainty
see how irreversibility affects environmental decision making and learn about quasi-option value
find out how risk affects environmental decision making and have the concepts of option value and option price explained
learn about the difference between risk and uncertainty
be introduced to valuation methods that are based on production function analysis
learn about Hedonic Pricing for valuing pollution
find out about Choice Modelling as an alternative to Contingent Valuation
be introduced to some of the controversies about the Contingent Valuation Method
learn about the ways in which the Contingent Valuation Method generates and uses data which are individuals’ responses to hypothetical questions to infer non-use value
find out how the Travel Cost Method uses data on actual behaviour to infer use value
work through the utility theory on which environmental valuation techniques are based
be introduced to some alternatives to cost–benefit analysisn learn about the categories of economic value assigned to the natural environment, and the distinction between use and non-use values
learn about cost–benefit analysis and its application to the environment
find out how to do project appraisal
revisit the analysis of optimal growth introduced in Chapter 3
learn about the conditions necessary for intertemporal efficiency
Near the start of this chapter, it was stated that our objective was to provide the reader with the means to answer several fundamental questions, and to apply those answers to specific problems.We
The costs of bargaining are small relative to the gains expected from cooperation.
The time profile of benefits is such that a high proportion of the available benefits are obtained currently and in the near future.
The short-run cost of implementation is low, and so current sacrifice is small.
The existence of linked benefits.
continuous relationship between the parties.
There is
The agreement is self-enforcing.
A small degree of uncertainty about the costs and benefits associated with resolving the problem.
leadership role by one‘important’ nation.
The adoption of
A substantial concentration of interests among the adversely affected parties.
Relatively high cultural similarity among the affected or negotiating parties.
A small number of cooperating countries.
A large proportion of nation-specific or localised benefits relative to transnational benefits coming from the actions of participating countries.
The output of the international agreement would yield private rather than public goods.
The existence of an international political institution with the authority and power to construct, administer and enforce a collective agreement.
Is it possible to use such conditions to explain how far efficient cooperation has gone concerning acid rain, lower-atmosphere ozone, and greenhouse-gas pollution?
gradual, dynamic process, with agreements often being embodied in treaties or conventions that are general frameworks of agreed principles, but in which subsequent negotiation processes determine the
Why is cooperation typically
What determines the degree to which cooperation takes place between countries and policy is coordinated? Put another way, which conditions favour (or discourage) the likelihood and extent of
What insights does the body of knowledge known as game theory bring to our understanding of international environmental policy?
What additional issues are brought into contention by virtue of an environmental problem being ‘international’?
In which ways do international environmental problems differ from purely national (or subnational) problems?
study the nature of computable general equilibrium (CGE) models and their application to environmental problems
learn how the input–output models, specified in terms of physical or constant-value flows, can be reformulated to analyse the cost and price implications of environmental policies, such as
encounter some examples of environmental input–output models and their application
find out how the basic input–output model can be extended to incorporate economy–environment interactions
learn about the basic input–output model of an economy and its solution
understand the idea of the precautionary principle, and how it might be applied in the case of pollution control policy

Showing 1500 - 1600 of 2541

First
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Last

Services

Sitemap
Fun
Definitions
Become Tutor
Study Help Categories
Recent Questions
Expert Questions

Company Info

Security
Copyrights
Privacy Policy
Terms & Conditions
SolutionInn Fee
Scholarship

Get In Touch

About Us
Contact Us
Career
Jobs
FAQ
Campus Ambassador

Secure Payment

Download Our App

© 2024 SolutionInn. All Rights Reserved