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. Product details Format Hardback pages Dimensions x x Illustrations note 10 Tables, black and white; X, p.
Introduction to Dynamic Macroeconomic Theory
Back cover copy 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. Table of contents Basics.
About Karl Farmer Professor Dr. Learn about new offers and get more deals by joining our newsletter. Sign up now. Add co-authors Co-authors.
Intertemporal Resource Economics An Introduction To The Overlapping Generations Approach
Upload PDF. Follow this author.
New articles by this author. New citations to this author.
3 editions of this work
New articles related to this author's research. Email address for updates.
- Intertemporal Resource Economics.
- BEAU-ROC INC.;
- Image In The Mirror.
- Top Authors?
- Bednar-Friedl, Birgit [WorldCat Identities].
- The Storm is Coming (Ovation Electric Guitars Book 1)!
My profile My library Metrics Alerts. Sign in. Get my own profile Cited by View all All Since Citations h-index 14 11 iindex 18 Environmental Economics.
- Via Chanel N°5 (Italian Edition).
- Account Options.
- Libidacoria: IN A PLAIN BROWN WRAPPER.
- Soleils du Nord (FICTION) (French Edition)!
- An Overlapping Generations Approach.
- Recommended for you!
Articles Cited by. Journal of Environmental Psychology 31 2 , , Central European Journal of operations research 17 3 , , Environmental and Resource Economics 52 1 , , Journal of Environmental Planning and Management 54 1 , ,
- 1000 Tage im Paradies: Erlebnisbericht eines Auswanderers (German Edition).
- Special Needs, Special Horses: A Guide to the Benefits of Therapeutic Riding (Practical Guide)!
- Intertemporal Resource Economics : Karl Farmer : .
- Intertemporal Resource Economics.
- Les Bijoux indiscrets (French Edition).
- Leon L. Pray: Taxidermist And Artist Extraordinaire [Paperback]!
Related Intertemporal Resource Economics: An Introduction to the Overlapping Generations Approach
Copyright 2019 - All Right Reserved