This paper provides an analytic review of the upstream aspects of the exploitation of natural resources: the assignment of ownership rights, taxation, the discovery process, extraction, renewability, and clean-up. It sets these issues within the principal-agent framework. It proposes that the...

This paper explores the choices faced by developing country governments that have received substantial revenues from natural resources. The economic principles underlying the choices between consumption, domestic investment, and the accumulation of foreign assets are analysed. The priority...

A planting and timber harvest scheduling model for even-aged forest stands was developed by combining and extending the dynamic thinning approach and existing work on planting density. A net present value maximum solution for planted volume, thinning regime and rotation schedule was determined...

"Phenomenal waste has surfaced as the social form and substance of value. In capital's totalizing process, which commodifies all that comes in its way, wasting classes consume the wasted classes. This book addresses the metamorphosis of value into waste and it focuses on wars as industries of...