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Renewable resource use with imperfect self- control
Strulik, Holger; Werner, Katharina - 2020
conservation, and sustainability and discuss policies to curb overuse and potential collapse of the resource due to present …
Persistent link: https://www.econbiz.de/10012436192
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Renewable resource use with imperfect self-control
Strulik, Holger; Werner, Katharina - In: Journal of economic behavior & organization : JEBO 212 (2023), pp. 778-795
Persistent link: https://www.econbiz.de/10014474447
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A market mechanism for sustainable and efficient resource use under uncertainty
Quaas, Martin F.; Winkler, Ralph - 2017 - This version: June 2017
Sustainability and efficiency are potentially conflicting social objectives in natural resource management. We propose … determines the maximal tenure length guaranteeing that the sustainability goal is obeyed for sure over the entire period. In …
Persistent link: https://www.econbiz.de/10011663635
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On the attainment of the maximum sustainable yield in the Verhulst-Lotka-Volterra model
Lambertini, Luca; Leitmann, George - 2017
Cournot behaviour and perfect competition, to revisit the tragedy of commons vs the possibility of sustainable harvesting. We …
Persistent link: https://www.econbiz.de/10011819343
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Economic analysis, sustainability and environmental commons
Musu, Ignazio - 2013
When confronted with market weaknesses and failures determining sustainability problems for environmental common … factors at work in determining the role of institutions to deal with sustainability issues and explores the implications of … this wider approach in dealing with environmental commons, particularly with global environmental commons, discussing two …
Persistent link: https://www.econbiz.de/10010223360
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Intergenerational transfers, lifetime welfare and resource preservation
Valente, Simone - 2006
This paper analyzes overlapping-generations models where natural capital is owned by selfish agents. Transfers in favor of young agents reduce the rate of depletion and increase output growth. It is shown that intergenerational transfers may be preferred to laissez-faire by an indefinite...
Persistent link: https://www.econbiz.de/10003459197
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Sustainable Use of Renewable Resources
Beltratti, Andrea; Chichilnisky, Graciela; Heal, Geoffrey M. - 2014
We study paths which involve optimal use of a renewable resource under several alternative definitions of optimality, including the discounted utilitarian, Chichilnisky's, the Rawlsian and the green golden rule. Initially we consider an economy where the only good is the resource: subsequently,...
Persistent link: https://www.econbiz.de/10014029803
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Sustainable Use of Renewable Resources
Heal, Geoffrey M.; Chichilnisky, Graciela; Beltratti, Andrea - 2014
We study paths which involve optimal use of a renewable resource under several alternative definitions of optimality, including the discounted utilitarian, Chichilnisky's, the Rawlsian and the green golden rule. Initially we consider an economy where the only good is the resource: subsequently,...
Persistent link: https://www.econbiz.de/10014045179
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Economic Analysis, Sustainability and Environmental Commons
Musu, Ignazio - 2021
When confronted with market weaknesses and failures determining sustainability problems for environmental common … factors at work in determining the role of institutions to deal with sustainability issues and explores the implications of … this wider approach in dealing with environmental commons, particularly with global environmental commons, discussing two …
Persistent link: https://www.econbiz.de/10013315644
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Should we sustain? : and if so, sustain what? ; consumption or the quality of life?
Llavador, Humberto G.; Roemer, John E.; Silvestre, Joaquim - 2012
Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our … approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human … substituting consumption for the quality of life. Our sustainability results carry over. As it should be expected, optimal …
Persistent link: https://www.econbiz.de/10009686597