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...

When income effects are small, standard life-cycle models of labor supply predict a positive response in hours worked to increases in remuneration. However, several re- cent studies have found negative wage elasticities, casting doubt on the standard labor supply model. This paper aims to...

Making use of data from the Household, Income and Labour Dynamics in Australia (HILDA) survey coupled with air pollution data generated by The Air Pollution Model (TAPM), this paper employs the life satisfaction approach to estimate the cost of air pollution from human activities in South East...