This book, based on lectures on natural and environmental resource economics, offers a nontechnical exposition of the modern theory of sustainability in the presence of resource scarcity. It applies an alternative take on environmental economics, focusing on the economics of the natural...

This important volume features essays dealing with a wide range of theoretical, measurement and policy issues in environmental and resource economics. Anthony Fisher is an internationally acclaimed environmental economist whose work combines relevance with intellectual rigour. The integration of...

Among others who point to environmental variability and managerial uncertainty as causes of fishery collapse, Roughgarden and Smith (1996) argue that three sources of uncertainty are important for fisheries management: variability in fish dynamics, inaccurate stock size estimates, and inaccurate...