1. In terms of adequate market allocations, allocation being crucial in the long-run, dynamic efficiency becomes the...

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1. In terms of adequate market allocations, allocation being crucial in the long-run, dynamic efficiency becomes the core concept. How can the dynamic efficiency criterion be applied in the case of depletable (non-renewable) resources?

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Environmental And Natural Resource Economics

ISBN: 9781315523965

10th Edition

Authors: Thomas H Tietenberg, Lynne Lewis

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