Analyzing Nonrenewable Resource Supply

<p>Originally published in 1984 Douglas A. Bohi and Michael A. Toman have produced a convenient reference source about disparate elements in the theory of nonrenewable resource supply and about general issues that arise when applying dynamic economic analysis. The authors emphasise the inherently dynamic nature of resource supply decisions the effects of resource depletion on costs and behaviour and the influence of uncertainty about costs prices and reserves. This title will be useful to students interested in environmental studies and economics practitioners and others who need to know more about complex interactions of economic forces and the resource base. </p>