Natural Resources Management and Policy Commons^™

Refuge Land Acquisition: Helping Preserve Back Bay's Wildlife Heritage, Julia Herrick, Ben Mathias, Janet Taylor

V. Poster Abstracts

The once-renowned waterfowl populations and bass fishery of Back Bay, Virginia have declined dramatically in recent years. Lands surrounding Back Bay are increasingly threatened by on-going and potential land development. These lands serve as an important filter for pollutant and sediment-laden runoff from adjacent areas. The boundary of the Back Bay National Wildlife Refuge was expanded in 1989 to include an additional 6,340 acres of brackish marsh, forested swamp, and "critical edge" upland habitat, important to a variety of wildlife species and for its natural filtering effect. Within the U.S. Fish and Wildlife Service's policy of working with willing sellers, …

Conservation According To The Pure Theory Of Exhaustible Resources, George Lymbouris

Economics Theses & Dissertations

The objective of this thesis is to develop a theory for defining optimal conservation and applying definition to the prevailing rate of domestic petroleum production. Optimal conservation is defined as action designed to achieve or to maintain, from the point of view of society as a whole, the maximum present value of natural resources (or of a natural resource). The proper "action" is defined according to the pure theory of exhaustible resources. The literature survey is a chronological series of articles concerning this theory.

Through building a model which shows that optimal conservation occurs when the marginal internal rate of …