Intertemporal Resource Economics: An Introduction to the Overlapping Generations Approach - Couverture souple

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

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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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� propos de l?auteur

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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�diteur: Springer
Date d'�dition: 2014
Langue: anglais
ISBN 10: 364243682X
ISBN 13: 9783642436826
Reliure: Broch�
Nombre de pages: 184
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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
Editeur : Springer-Verlag Berlin and Heide..., 2010
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Intertemporal Resource Economics

Karl Farmer|Birgit Bednar-Friedl

Edit� par Springer Berlin Heidelberg, 2014

ISBN 10 : 364243682X ISBN 13 : 9783642436826

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Etat : 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 r�f. du vendeur 11800992

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Intertemporal Resource Economics : An Introduction to the Overlapping Generations Approach

Birgit Bednar-Friedl

Edit� par Springer Berlin Heidelberg, 2014

ISBN 10 : 364243682X ISBN 13 : 9783642436826

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Taschenbuch. Etat : 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 r�f. du vendeur 9783642436826

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Intertemporal Resource Economics

Birgit Bednar-Friedl

Edit� par Springer Berlin Heidelberg Okt 2014, 2014

ISBN 10 : 364243682X ISBN 13 : 9783642436826

Neuf Taschenbuch

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Vendeur : BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Allemagne

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Taschenbuch. Etat : 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 r�f. du vendeur 9783642436826

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Intertemporal Resource Economics: An Introduction to the Overlapping Generations Approach

Farmer, Karl; Bednar-Friedl, Birgit

Edit� par Springer, 2014

ISBN 10 : 364243682X ISBN 13 : 9783642436826

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Etat : New. In. N� de r�f. du vendeur ria9783642436826_new

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Intertemporal Resource Economics

Birgit Bednar-Friedl

Edit� par Springer Berlin Heidelberg, Springer Berlin Heidelberg Okt 2014, 2014

ISBN 10 : 364243682X ISBN 13 : 9783642436826

Neuf Taschenbuch

Vendeur : buchversandmimpf2000, Emtmannsberg, BAYE, Allemagne

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Taschenbuch. Etat : Neu. Neuware -This book represents both a textbook and a monograph. Part I entitled �Basics� mainly contains textbook material and this is also partly true for Part II. Here the precise de nition and characterization of the not so well-known notion of interg- erational ef ciency within Diamond�s two-period overlapping generations model gures prominently. In Part III, a renewable natural resource is introduced in the log-linear Cobb-Douglas overlapping generations model, and the ef ciency c- cepts developed in Part II are applied. The balance among material for a textbook und for a monograph is approximately even. In Part IV research monograph ch- acteristics gain progressively prominence. While this part dealing with intergene- tional equity in perfectly competitive market economies presents already published work, the last part focusing on harvest cost contains still unpublished work. Asthesubtitle ofthepresentbookannounces,ourintentionisto provideanint- duction to the not so widespread overlappinggenerationsapproach to intertemporal resource economics. It is introductory in that utility and production functions are functionally speci ed such that the interested reader can derive explicit solutions to intertemporal general equilibria. However, we do not primarily aim at enhancing the reader�s skill of solving general equilibrium models�we rather aim at prov- ing the tools for coping with analytically much more advanced dynamic general equilibriummodelswith renewable natural resources,published in leading journals. This book emerged out of lectures of the rst author within the master programs of the University of Life Sciences in Vienna and at Karl-Franzens-University of Graz.Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 184 pp. Englisch. N� de r�f. du vendeur 9783642436826

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