Appendices associated with the text: 4th Edition

Perman, Ma, Common, Maddison and McGilvray

NATURAL RESOURCE AND ENVIRONMENTAL ECONOMICS

Chapter 14: The efficient and optimal use of natural resources


Appendix 14.1 (The optimal control problem and its solution using the maximum principle) Appendix 14.2 (The optimal solution to the simple exhaustible resource depletion problem) Appendix 14.3 (Optimal and efficient extraction or harvesting of a renewable or non-renewable resource in the presence of resource extraction costs)