Narrow search
Showing 1 - 10 of 6,523
Cover Image
Characterizing the Sustainability Problem in an Exhaustible Resource Model
Mitra, Tapan; Asheim, Geir B.; Buchholz, Wolfgang; … - CESifo - 2012
sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a … complete technological characterization of the sustainability problem in this model without reference to the time path. As a … byproduct we show general existence of a maximin optimal path under weaker conditions that those employed in previous work. Our …
Persistent link: https://www.econbiz.de/10010535632
Cover Image
Characterizing the Sustainability Problem in an Exhaustible Resource Model
Tapan, Mitra; Asheim, Geir B.; Buchholz, Wolfgang; … - Økonomisk institutt, Universitetet i Oslo - 2012
sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a … complete technological characterization of the sustainability problem in this model without reference to the time path. As a … byproduct we show general existence of a maximin optimal path under weaker conditions that those employed in previous work. Our …
Persistent link: https://www.econbiz.de/10010785541
Cover Image
Characterizing the sustainability problem in an exhaustible resource model
Mitra, Tapan; Asheim, Geir B.; Buchholz, Wolfgang; … - In: Journal of Economic Theory 148 (2013) 5, pp. 2164-2182
characterization result to establish general existence of a maximin path. …
Persistent link: https://www.econbiz.de/10011042939
Cover Image
Constant-utility paths in a resource-based economy
Bazhanov, Andrei V. - In: Resource and Energy Economics 35 (2013) 3, pp. 342-355
and the maximin for the cases with finite elasticity of marginal utility. The result also implies that economic growth in …
Persistent link: https://www.econbiz.de/10010678892
Cover Image
Sustained Development of a Population and a Resource
Tian, Huilan; Cairns, Robert D. - Australian Agricultural and Resource Economics Society … - 2006
The dynamics of a population and a resource are investigated in a maximin model based on Brander and Taylor …’s stylization of Easter Island, in order to consider the sustainability of the society represented. There are continua of both … regular and non-regular maximin solutions, the type depending on the initial conditions. A non-regular maximin steady state …
Persistent link: https://www.econbiz.de/10010880583
Cover Image
Intergenerational Justice When Future Worlds are Uncertain
Llavador, Humberto; Roemer, John E.; Silvestre, Joaquim - Barcelona Graduate School of Economics (Barcelona GSE) - 2010
Let there be a positive (exogenous)probability that, at each date, the human species will disappear. We postulate an Ethical Observer (EO) who maximizes intertemporal welfare under this uncertainty, with expected-utility preferences. Various social welfare criteria entail alternative von...
Persistent link: https://www.econbiz.de/10010547285
Cover Image
Maximin, viability and sustainability
Doyen, L.; Martinet, V. - In: Journal of Economic Dynamics and Control 36 (2012) 9, pp. 1414-1430
the sustainability of economic trajectories which differ from the maximin path. Attention is especially paid to non … sustainability in imperfect economies, based on maximin prices. …The maximin criterion defines the highest utility level that can be sustained in an intergenerational equity …
Persistent link: https://www.econbiz.de/10010599369
Cover Image
The triple bottom line: Meeting ecological, economic and social goals with individual transferable quotas
Péreau, J.-C.; Doyen, L.; Little, L.R.; Thébaud, O. - In: Journal of Environmental Economics and Management 63 (2012) 3, pp. 419-434
the feasibility conditions under which a fishery manager can achieve sustainability objectives which simultaneously … stock, we compute the maximin effort for a given set of agents and we derive the maximal number of active agents for a given …
Persistent link: https://www.econbiz.de/10010576573
Cover Image
“Intergenerational justice when future worlds are uncertain”
Silvestre, Joaquim; Silvestre, Joaquim; Roemer, John E.; … - Economics Department, University of California-Davis - 2009
Let there be a positive (exogenous) probability that, at each date, the human species will disappear. We postulate an Ethical Observer (EO) who maximizes intertemporal welfare under this uncertainty, with expected-utility preferences. Various social welfare criteria entail alternative von...
Persistent link: https://www.econbiz.de/10008620514
Cover Image
National Forest Land Exchanges and the Growth of Vail and Other Gateway Communities
Ragsdale, John W. - 2008
In December of 1962, Vail opened as a ski area. The lodges, houses, condominiums, shops, and restaurants at its base became the nucleus of the emergent town of Vail and the prototype of the modern recreational gateway community. The term quot;gateway communityquot; did not originate in Vail. It...
Persistent link: https://www.econbiz.de/10012772062