Abstract
Human survival and welfare have always depended on the successful management of agricultural and natural resources. However, over time the management of these resources has become more complex as a consequence of growth of various sorts. Increases in world population and material standards of living circumscribe old notions of natural resources being virtually limitless. As Boulding (1966) has argued in The Coming of Spaceship Earth, until recently man could concentrate on maximizing resource flows through the economy, without much concern for the impact on resource stocks. It is increasingly important to consider the extent to which future consumption may be restricted as a result of current usage. In other words, the user costs of the current consumption of resources should be evaluated.
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© 1986 Elsevier Applied Science Publishers Ltd
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Kennedy, J.O.S. (1986). The Management of Agricultural and Natural Resource Systems. In: Dynamic Programming. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-4191-5_1
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DOI: https://doi.org/10.1007/978-94-009-4191-5_1
Publisher Name: Springer, Dordrecht
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