Incoprea Theory
Vol. XXXIII · 29

Number 06/Failure & fragility/Resources

The Depletion Depth

The quantity

The fraction of a stored buffer consumed before extraction or service costs begin to rise sharply. It is the fraction that is genuinely usable rather than nominally present.

01Why it matters

It converts a stock estimate into a service estimate, and the two differ by an order of magnitude in aquifers, reservoirs and inventories.

02Expected value

Between one fifth and one half for most physical buffers, because costs rise non-linearly as the buffer empties.

03How it would be measured

Plot unit cost against cumulative extraction and locate the inflection.

04What would refute it

A linear cost curve would make the fraction one and remove the distinction.