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Intertemporal Resource Economics

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 in.

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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 in."@en

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  • "Electronic books"@en

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  • "Intertemporal Resource Economics an Introduction to the Overlapping Generations Approach"
  • "Intertemporal Resource Economics"@en
  • "Intertemporal resource economics an introduction to the overlapping generations approach"
  • "Intertemporal resource economics an introduction to the overlapping generations approach"@en
  • "Intertemporal resource economics : an introduction to the overlapping generations approach"
  • "Intertemporal resource economics : an introduction to the overlapping generations approach"@en
  • "Intertemporal resource economics"@en
  • "Intertemporal Resource Economics An Introduction to the Overlapping Generations Approach"@en
  • "Intertemporal Resource Economics An Introduction to the Overlapping Generations Approach"