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We consider an overlapping generations model with environment and an elastic labor supply. In this framework, consumers have to choose between consumption, environmental quality, and leisure. We show the existence of both deterministic cycles and indeterminacy. In contrast to previous results,...
Persistent link: https://www.econbiz.de/10010750468
We consider an overlapping generations model with environment, where we introduce an elastic labor supply. In this framework, consumers have to choose between consumption, environmental quality and leisure. We establish that several steady states can coexist, even under a Cobb-Douglas...
Persistent link: https://www.econbiz.de/10005422853
We consider an overlapping generations model with environment and an elastic labor supply. In this framework, consumers have to choose between consumption, environmental quality, and leisure. We show the existence of both deterministic cycles and indeterminacy. In contrast to previous results,...
Persistent link: https://www.econbiz.de/10008795124
Since the publication of the Brundtland Report more than 20 years ago, sustainable development became always more popular. If it is probably necessary to operationalize it more effectively in order to foster its daily perception by people, sustainable development remains a soft concept since the...
Persistent link: https://www.econbiz.de/10010991409
When information on farmers’ farming methods is incomplete, it isnot optimal to fight water pollution due to their activities exclusively through a tax policy. Symmetrically, subsidies alone are not appropriate for some cereals which are already widely subsidized in the European Union. In this...
Persistent link: https://www.econbiz.de/10011272277
When information on farmers’ farming methods is incomplete, it isnot optimal to fight water pollution due to their activities exclusively through a tax policy. Symmetrically, subsidies alone are not appropriate for some cereals which are already widely subsidized in the European Union. In this...
Persistent link: https://www.econbiz.de/10011275725
In this article, we study the question of intergenerational equity in a framework that displays two kinds of agents distinguished by their non dynastic intergenerational altruism. The more altruist agents regarding the transmitted environment are qualified of ecologists, whereas the others, less...
Persistent link: https://www.econbiz.de/10005385272
Persistent link: https://www.econbiz.de/10005350451
Nous étudions expérimentalement le comportement de sujets confrontés, dans une population, à une multiplicité de jeux du dilemme du prisonnier, suivant que les interactions sont bilatérales ou multilatérales. Nous observons, (i), une coopération significativement supérieure en cas de...
Persistent link: https://www.econbiz.de/10005422881
Persistent link: https://www.econbiz.de/10010780464