Intertemporal Resource Economics
An Introduction to the Overlapping Generations Approach
This monograph provides a concise introduction to the overlapping generations approach to the intertemporal economics of renewable natural resources. In contrast to the dominant infinitely-lived agent (ILA) approach it acknowledges that natural resources typically outlive the individuals who use them. Finite lifetimes, generations overlap and competing natural and man-made capital facilitate long-run intergenerational inefficiency and inequity (unsustainability) of market allocations. While avoiding any presumption of either doomsday or a golden age, the book investigates the structural and institutional preconditions needed to ensure that re…
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Produktdetails
Weitere Autoren: Bednar-Friedl, Birgit
- ISBN: 978-3-642-13229-2
- EAN: 9783642132292
- Produktnummer: 13933880
- Verlag: Springer-Verlag GmbH
- Sprache: Englisch
- Erscheinungsjahr: 2010
- Seitenangabe: 173 S.
- Plattform: PDF
- Masse: 2'066 KB
- Auflage: 2010
- Abbildungen: 10 schwarz-weiße Tabellen, Bibliographie
Über den Autor
Professor Dr. Karl Farmer, Department Chair Karl-Franzens-University, Graz, AustriaDr. Birgit Bednar-Friedl, Researcher, Wegener Center for Climate and Global Change, Karl-Franzens-University, Graz, Austria
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