Intertemporal Resource Economics: An Introduction to the Overlapping Generations Approach - Tapa blanda

Farmer, Karl; Bednar-Friedl, Birgit

9783642436826: Intertemporal Resource Economics: An Introduction to the Overlapping Generations Approach

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ISBN 10: 364243682X ISBN 13: 9783642436826

Editorial: Springer, 2014

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Providing an introduction to the overlapping generations approach, Intertemporal Resource Economics examines the economics of renewable natural resources. Readers will find explicit solutions for intertemporal general equilibrium with renewable resources.

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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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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 renewable resources are used efficiently and equitably across generations. The primary aim of this book is to provide an easy-to-follow guide to the analytically much more demanding journal literature. This is achieved by using the same model type throughout the book and by adhering to functional specifications that allow for explicit equilibrium solutions.

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EditorialSpringer
A�o de publicaci�n2014
ISBN 10 364243682X
ISBN 13 9783642436826
Encuadernaci�nTapa blanda
IdiomaIngl�s
N�mero de p�ginas184
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9783642132285: Intertemporal Resource Economics: An Introduction to the Overlapping Generations Approach

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ISBN 10: 3642132286 ISBN 13: 9783642132285
Editorial: Springer, 2010
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Intertemporal Resource Economics

Karl Farmer|Birgit Bednar-Friedl

Publicado por Springer Berlin Heidelberg, 2014

ISBN 10: 364243682X ISBN 13: 9783642436826

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Condici�n: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. First monograph (advanced text book) using the overlapping generations approach to the economics of renewable natural resourcesClarifies the notion of intergenerational efficiency and applies it to intertemporal equilibria of market economies Enables the r. N� de ref. del art�culo: 11800992

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Intertemporal Resource Economics

Birgit Bednar-Friedl

Publicado por Springer Berlin Heidelberg Okt 2014, 2014

ISBN 10: 364243682X ISBN 13: 9783642436826

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Taschenbuch. Condici�n: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -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 renewable resources are used efficiently and equitably across generations. The primary aim of this book is to provide an easy-to-follow guide to the analytically much more demanding journal literature. This is achieved by using the same model type throughout the book and by adhering to functional specifications that allow for explicit equilibrium solutions. 184 pp. Englisch. N� de ref. del art�culo: 9783642436826

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Intertemporal Resource Economics : An Introduction to the Overlapping Generations Approach

Birgit Bednar-Friedl

Publicado por Springer Berlin Heidelberg, 2014

ISBN 10: 364243682X ISBN 13: 9783642436826

Nuevo Taschenbuch

Librería: AHA-BUCH GmbH, Einbeck, Alemania

Calificaci�n del vendedor: 5 de 5 estrellas

Taschenbuch. Condici�n: Neu. Druck auf Anfrage Neuware - Printed after ordering - 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 renewable resources are used efficiently and equitably across generations. The primary aim of this book is to provide an easy-to-follow guide to the analytically much more demanding journal literature. This is achieved by using the same model type throughout the book and by adhering to functional specifications that allow for explicit equilibrium solutions. N� de ref. del art�culo: 9783642436826

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