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: 978-3-642-13228-5
- EAN: 9783642132285
- Produktnummer: 16447759
- Verlag: Springer-Verlag GmbH
- Sprache: Englisch
- Erscheinungsjahr: 2010
- Seitenangabe: 174 S.
- Masse: H24.3 cm x B16.6 cm x D2.0 cm 412 g
- Auflage: 2010. Edition
- Abbildungen: Book; 30 schwarz-weiße Abbildungen, 10 schwarz-weiße Tabellen
- Gewicht: 412
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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