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 environmental considerations into decisions about extractive resource has been a central theme of Professor Fisher's work. The essays in this collection range from exercises in the pure theory of resource depletion to applications of theoretical and empirical techniques on the management of energy and water resources. Particular attention is given to uncertainty about environmental values and the irreversibility of certain kinds of resource depletion. Featuring work on a wide range of topics and adopting a breadth of approaches, Environmental and Resource Economics will be welcomed by researchers, practitioners and policymakers.