Handbook of natural resource and energy economics : volume 2

1 Online-Ressource (xvi, Seiten 465 - 755)

Handbooks in economics. - Amsterdam [u.a.] : Elsevier, ZDB-ID 2685869-1. - Vol. 6

Includes bibliographical references and indexes

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Vol. 3 published by: Amsterdam ; New York : Elsevier

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Front Cover; HANDBOOK OF NATURAL RESOURCE AND ENERGY ECONOMICS; Copyright Page; Introduction to the Series; Contents of the Handbook; Preface to the Handbook; Contents of Volume III; PART 1: SOME BASIC CONCEPTS; Chapter 17. Economic Theory of Depletable Resources: An Introduction; 1. Background; 2. Extraction with prices determined exogenously; 3. Extraction with prices determined endogenously; 4. In conclusion; 5. Appendix: proofs; References; Chapter 18. The Optimal Use of Exhaustible Resources; 1. Introduction; 2. Characterizing optimal depletion; 3. Perspectives on discounting

4. Existence of optimal policies5. Discounting utility versus discounting consumption; 6. Geometric explanation of the role of discounting; References; Chapter 19. Intertemporal Consistency Issues in Depletable Resources; 1. Introduction; 2. A framework; 3. Strategic buyers, competitive sellers; 4. Strategic sellers, competitive buyers; 5. The period of commitment; 6. Conclusions; References; PART 2: ANALYTICAL TOOLS; Chapter 20. Buying Energy and Nonfuel Minerals: Final, Derived, and Speculative Demand; 1. Introduction; 2. Theoretical background; 3. Types of econometric demand models

4. Issues treated by demand models5. Demand by hedgers and speculators; 6. Concluding remarks; References; Chapter 21. Mineral Resource Stocks and Information; 1. Introduction; 2. Motivations for appraisal of mineral resources; 3. Notions of supply; 4. Stock concepts and measures; 5. Perspective on resource information; 6. Geology of mineral occurrence; 7. A generalized model of resource by deposit type - A conceptual reference; 8. Deposit models; 9. Cost models; 10. Exploration models; 11. Geologic endowment models; 12. Concluding remarks; References

Chapter 22. Strategies for Modeling Exhaustible Resource Supply1. Introduction; 2. Cost functions for exhaustible resources; 3. Cost functions for non-renewable resources: specification issues; 4. Equilibrium models; 5. Econometric models; 6. Conclusion; References; PART 3: APPLICATIONS TO POLICY AND FORECASTING ISSUES; Chapter 23. Natural Resources in an Age of Substitutability; 1. Introduction; 2. History; 3. Resource substitution as the key process; 4. Analysis of resource prices; 5. Royalties as a measure of resource scarcity; 6. Transition from exhaustible to durable resource base

7. Prospects for transition to the age of substitutabilityReferences; Chapter 24. Natural Resource Cartels; 1. Introduction; 2. The cartel problem; 3. The durability of cartels; 4. Welfare implications of cartels; 5. A synopsis of some natural resource cartels; 6. Conclusion; References; Chapter 25. The Economics of Energy Security: Theory, Evidence, Policy; 1. Introduction; 2. Recent experience with oil shocks; 3. Oil market behavior; 4. Possible energy security externalities; 5. Policy issues; 6. Concluding remarks; References; Chapter 26. Natural Resource Use and the Environment

1. Introduction

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