Natural Resources As Capital(1st Edition)
Authors:
Larry Karp
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Book details
ISBN: 026234145X, 9780262341455
Book publisher: The MIT Press
Book Price $0 : In 'Natural Resources As Capital' by Larry Karp, the intricate management and sustainability of natural resources are explored in depth. The book serves as a comprehensive solution manual for understanding the complex dynamics of natural resources by positioning them as forms of capital. Larry Karp delves into economic theories and the methodologies of sustainable resource exploitation, emphasizing the importance of maintaining ecological balance while meeting human demands. The book lacks fictional characters but engages readers with real-world scenarios and decision-making models that illustrate the consequences of resource depletion. Karp provides a detailed table of content that guides readers through the pivotal themes such as optimal extraction policies, economic valuation of natural assets, and resource scarcity. This work also includes an answer key approach to various models examining the trade-offs between short-term profits and long-term sustainability, equipping readers with practical strategies for resource management. 'Natural Resources As Capital' is praised for its rigorous analysis and applicability to real-world problems, making it a valuable resource for economists, policymakers, and environmental scientists. Karp's insightful integration of resource economics theory with practical applications has positioned this book as an essential guide for understanding how to treat natural resources as a form of capital, and its broader implications for sustainability. In addition to its practical insights, this book contributes to academic discourse with its methodical analysis and comprehensive view of environmental economics.
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