Dilemmas of mineral resources use in selected economic theories

Krzak Mariusz ()

Gospodarka Surowcami Mineralnymi / Mineral Resources Management, 2012, vol. 28, issue 3, 23-41

Abstract: The development of human civilization ignites a demand for various natural resources. Nowadays, these resources include not only useful minerals, soil, water, air, flora, or fauna, but also natural forces and other environmental assets determining the quality of human life, such as geographic space, landscapes, and microclimates. Among so many categories of natural resources, minerals - which are for the most part non-renewable - often constitute a deciding influence on the level of human well-being. Within the study of the utilization of natural resources, a series of models have been developed which are aimed - mostly in a dynamic mode - at maximizing the level of social well-being determined by the consumption of specific resources.

Keywords: Mineral resources; Hotelling’s rule; Tietenbeg’s model; N-person Prisoner’s Dilemma (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:gosmin:v:28:y:2012:i:3:p:23-41:n:7

DOI: 10.2478/v10269-012-0024-0

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