Appendices associated with the text: 4th Edition

Perman, Ma, Common, Maddison and McGilvray

NATURAL RESOURCE AND ENVIRONMENTAL ECONOMICS

Chapter 15: The theory of optimal resource extraction: non-renewable resources

Appendix 15.1 (Solution of the multi-period resource depletion model)

Appendix 15.2 (The monopolist’s profit-maximising extraction programme)

Appendix 15.3 (A worked numerical example)