The topics discussed in the Handbook on the Economics of Natural Resources are essential for those looking to understand how best to use and conserve the resources that form the foundation for human well-being.

Contents: PART I NONRENEWABLE RESOURCES 1. Basic Economics of Nonrenewable Resource Use John M. Hartwick 2. The Hotelling Model with Multiple Demands Gérard Gaudet and Stephen W. Salant 3. Empirical Evidence on the Theory of Nonrenewable Resource Economics John Livernois and Henry Thille 4. The Taxation of Nonrenewable Natural Resources Gérard Gaudet and Pierre Lasserre 5. Rent Taxes and Royalties in Designing Fiscal Regimes for Nonrenewable Resources Robin Boadway and Michael Keen 6. The Political Basis of the Resource Curse Richard M. Auty PART II MODELING OF BIOLOGICAL RESOURCES 7. Bioeconomics: Nature as Capital Eli P. Fenichel, Sathya Gopalakrishnan and Onon Bayasgalan 8. The Forest Harvesting Problem: Have We Reached the Limit of Our Understanding? Gregory S. Amacher 9. Biological Resistance Ramanan Laxminarayan and Markus Herrmann PART III CONSERVATION OF BIOLOGICAL RESOURCES 10. Structuring Rights and Privileges in Catch Share Systems Daniel Holland 11. Spatial Economics of Forest Conservation Heidi J. Albers and Elizabeth J.Z. Robinson 12. Ecosystem Services Edward B. Barbier 13. Conservation Prioritization Using Reserve Site Selection Methods Stephen C. Newbold and Juha Siikamaki PART IV WATER RESOURCES 14. Water Economics R. Quentin Grafton and Sarah Wheeler 15. Water Rate Policy: Prescription and Practice Ronald Griffin 16. Water Institutions and the Law of One Price Eric C. Edwards and Gary D. Libecap 17. Water Quality and Economics: Willingness to Pay, Efficiency, Cost-effectiveness, and New Research Frontiers Yusuke Kuwayama and Sheila Olmstead 18. Transboundary Water Issues Edward B. Barbier and Anik Bhaduri Index

'This book is essential reading for anyone who wishes to know how the field of Natural Resource Economics - broadly defined - has progressed over the past 20 years, and where it is headed in the future. It is an excellent collection of papers on the subject.'