Background
Price, Colin was born on March 13, 1948 in Wrexham, Wales.
(Afforestation and deforestation represent major and drama...)
Afforestation and deforestation represent major and dramatic transformations in the pattern of land use throughout the world. These frequently controversial changes are often presented as a confrontation between economic, social and environmental forces. "Forest Economics" shows that economics has a crucial role to play in forestry. The author begins by examining the influence of profit-maximizing on the way in which foresters take decisions on harvesting timber, planting forests and the management of crops. The second part of the book considers silvicultural decision-making. It proceeds from optimal rotation determination, via selection of spacing and thinning regimes, to crop improvement and protection decisions, and choice between silvicultural systems. Part 3 is concerned largely with the rationale and applications of cost-benefit analysis. It considers in detail both the evaluation of the social benefits and costs of forestry, and the pricing of factors of production in developing economies. The book's concluding section discusses the role of forestry in the generation of national and regional employment, in state involvement in forestry, in world timber prices and the interpretation of forestry policy at local level.
http://www.amazon.com/gp/product/0631153667/?tag=2022091-20
(The perception that an income today is worth more than th...)
The perception that an income today is worth more than the same income tomorrow underlies the process of discounting future values, the almost universal basis of resource evaluation and of public and private investment decision-making. In this text, Colin Price argues that the premises on which discounting is based are mistaken, the logic underlying it misconceived and the case for applying it in practice untenable. The early chapters review the traditional arguments for discounting - based on return on investment and human preference for immediate consumption - and finds them fatally flawed. The central part of the book examines in detail the underlying causes for value changes over time, and the effectiveness of conventional discounting in representing these changes. It covers physical, technological, psychological, financial, ethical and political factors. The final chapters suggest how resources may be valued and investments selected for the future benefit of this generation, and for that of future generations. This is, in sum, a contribution to a central debate in economics and public accounting, illustrated with a wide range of examples and cases. It raises issues which need to be addressed if economics is to claim ethical legitimation, and if resources are to be managed sustainably. It is fully referenced and indexed, and contains diagrams. The text should be suitable for students of environmental economics, resource economics and environmental science.
http://www.amazon.com/gp/product/0631179860/?tag=2022091-20
educator environmental scientist
Price, Colin was born on March 13, 1948 in Wrexham, Wales.
Master of Arts in Forestry, Oxford University, England, 1970. Doctor of Philisophy in Forestry, Oxford University, England, 1975.
Lecturer Oxford Brookes University, England, 1974—1975. Demonstrator Agricultural Economics Research Institute, England, 1975—1976. Professor of environmental and forestry economics University Wales, Bangor, since 1976.
(The perception that an income today is worth more than th...)
(Afforestation and deforestation represent major and drama...)