A collection of scholarly accounts and articles written by recognized experts in environmental economics, this book is the first of its kind and as a valuable reference and textual source for graduate students and active researchers. It draws together the pedagogical discussion of the key tools...

Significant advances have now occurred in the theoretical and in the empirical knowledge-base of researchers studying problems in natural resource and environmental economics. This has been accompanied by the utilization of many and varied research tools. These developments notwithstanding,...

Significant advances have now occurred in the theoretical and in the empirical knowledge-base of researchers studying problems in natural resource and environmental economics. This has been accompanied by the utilization of many and varied research tools. These developments notwithstanding,...

Acknowledgments -- Introduction -- Introduction to dynamic and stochastic resource economics : essays on biodiversity, invasive species, joint systems, and regulation -- Natural resource management -- On some aspects of the management of a stochastically developing forest -- On the choice...