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We consider an extensive form game to analyze the interdependence between environmental protection of resources, the activities related with the tourism and the behavior of a local population. We answer two questions: 1) Suppose that the central planner invest in tourist activities, has he...
Persistent link: https://www.econbiz.de/10012754329
In this paper we introduce the concept of economic regime. We review the basic notions and different definitions of economic regime and regime switching to describe how these notions appear implicitly or explicitly in different areas of the economic literature. Then we introduce a method to...
Persistent link: https://www.econbiz.de/10005148424
In this short paper we analyze the impact of tourist demand in hotel rooms on the investment of hotels on environmental quality. In particular we show that when income of the tourists increases, then in order to maintain the demand for rooms, the hotels must increase the investment on the...
Persistent link: https://www.econbiz.de/10014055528
In this paper from the Negishi approach we analyze the concepts of structurally stable and structurally unstable economies on Banach's spaces. With this object we formalize the intuitive concept of similar economies. We show that in certain cases similar (or neighboring) economies can show no...
Persistent link: https://www.econbiz.de/10014059661
In standard economic growth theory it is assumed that labor force follows exponential growth, a not realistic assumption. As described in [4] the growth of natural populations is more accurately depicted by a logistic growth law. In this paper we analyze how the Ramsey growth model is affected...
Persistent link: https://www.econbiz.de/10014059714
In this paper we model tourism in the framework of multi-population dynamics and analyze the time pattern of its development through the evolving interaction between two populations feeding on a common space-resource. Each population might be structured in two (or more) "clubs" of members...
Persistent link: https://www.econbiz.de/10014210595
In this short paper we analyze the impact of tourist demand in hotel rooms on the investment of hotels on environmental quality. We show that when income of the tourists increases, then to maintain the demand for rooms, the hotels must in-crease the investment on the environmental quality of the...
Persistent link: https://www.econbiz.de/10005836929
In standard economic growth theory it is usually assumed that labor force follows exponential growth. That is not a realistic assumption. In this paper we introduce a generalized logistic equation (Richards law) that describes more accurately population growth. Then we analyze the neoclassical...
Persistent link: https://www.econbiz.de/10005125626
In standard economic growth theory it is assumed that labor force follows exponential growth, a not realistic assumption. As described in Maynard Smith (1974), the growth of natural populations is more accurately depicted by a logistic growth law. In this paper we analyze how the Ramsey growth...
Persistent link: https://www.econbiz.de/10005094696
In standard economic growth theory it is assumed that labor force follows exponential growth, a not realistic assumption. As described in Maynard Smith (1974), the growth of natural populations is more accurately depicted by a logistic growth law. In this paper we analyze how the Ramsey growth...
Persistent link: https://www.econbiz.de/10010629657