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Economic geography and Urban environmental pollution
Quaas, Martin; Lange, Andreas - 2004
This paper studies Krugman's (1991) core-periphery model and extends it to include environmental pollution. We present … local environmental pollution, a third and more realistic type of equilibrium may occur in which most of the manufacturing …
Persistent link: https://www.econbiz.de/10003246566
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Uncertainty and sustainability in the management of semi-arid rangelands
Quaas, Martin; Baumgärtner, Stefan; Becker, Christian; … - 2004
We analyze a dynamic and stochastic ecological-economic model of grazing management in semi-arid range lands. The non-equilibrium ecosystem is driven by stochastic precipitation. A risk averse farmer chooses a grazing management strategy under uncertainty such as to maximize expected utility...
Persistent link: https://www.econbiz.de/10003246066