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Chapter 5 Sustainable Development: Defining the Concept. Environmental Economics and Policy Sixth Edition By Tom Tietenberg and Lynne Lewis. FIGURE 5.1 The Allocation of an Abundant Depletable Resource (a) Period 1 (b) Period 2. FIGURE 5.2 The Dynamically Efficient Allocation.
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Chapter 5Sustainable Development: Defining the Concept Environmental Economics and Policy Sixth Edition By Tom Tietenberg and Lynne Lewis
FIGURE 5.1 The Allocation of an Abundant Depletable Resource (a) Period 1 (b) Period 2
FIGURE 5.3 Efficient Market Allocation of a Depletable Resource (a) Period 1 (b) Period 2