The known exhaustibility
of the resource, the characteristic single and transient population, and the ramshackle quality of housing, not to mention the paucity of sources, led historians to focus on the industry and its workers rather than the places they resided.
Amidst widespread concerns in the 1970s about energy supply security and the exhaustibility
of conventional fuel sources, nuclear power held out the promise of relatively abundant, cheap and clean energy.
The conflicts depend on the precise definitions used, on the degree of resource exhaustibility
and technical progress assumed, and on the size of the utility discount rate [Delta], usually taken as constant.
In previous work (Bunn 1993 and 1995), I develop a dynamic discrete-time behavioral model of farm-level optimization incorporating two key features of erosion in semi-arid rainfed agriculture: Exhaustibility
of the soil stock, and the role of cropping system choice in determining soil loss.
7) Thus, if, for whatever reason, the private owners of fossil fuels were too myopic to allow for the exhaustibility
and therefore the scarcity rent of fossil fuel stock, then the planner can correct this by simply levying a fixed tax of [alpha][a.
Citizens "have made phenomenal progress in developing and supporting their social and cultural institutions, in generating a public awareness of the fragility of the environment and the exhaustibility
of their precious natural and human resources.
It also de-emphasizes the importance of the question of ultimate exhaustibility
of the resource.
Because all OPEC governments were worried about the exhaustibility
of their resources, they declared their intention to "sow the petroleum": that is, to create a sustainable basis for a post-oil economy through the promotion of heavy industry, the modernization of infrastructure and where necessary, investment in defense.