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This collection of specially commissioned papers pays tribute to Karl-Gustaf Lofgren's significant and diverse contribution to theoretical and empirical research within the field of environmental and resource economics over the past two decades. A number of distinguished scholars examine a broad range of topics including sustainability, risk and uncertainty, demand theory and issues related to public goods. The book also contains analyses of more specific resource problems concerning fisheries, forestry management, wildlife and pollution. Together, the seventeen chapters provide an innovative and cutting-edge analysis of a smorgasbord of both old and new environmental and resource problems, including, amongst others: local public goods and income heterogeneity self-selection and the value of lives saved international fisheries agreements salmon and hydropower discrete versus continuous harvesting timber supply voluntary road pricing economic impacts of environmental regulations in California. Academics, researchers and students within the fields of environmental, resource and public economics will find this book to be a fascinating read.
"In this fully updated and revised edition of an original and popular text, Eric Neumayer offers an authoritative contribution to one of the most important questions concerning sustainable development: can natural capital be substituted by other forms of c"
A completely rewritten update of: Welfare measurement, sustainability, and green national accounting / Thomas Aronsson, Per-Olov Johansson, Karl-Gustaf L'ofgren. c1997.
This comprehensive and accessible textbook addresses important relationships between economics and environmental policy, highlighting in particular the role of taxation. It also connects environmental policy to social accounting by describing how measures of welfare and sustainable development depend on whether policies successfully internalize market failures.
A sample of Professor Tönu Puus contributions to economic theory, ranging from seminal results on investment criteria under imperfect capital markets, via rules for optimal resource extraction when the grade of the ore is heterogeneous, to modern nonlinear dynamics as applied to well-known economic fields such as business cycle analysis and oligopoly theory. Puus thinking on cultural economics and his views on the methodology of economic science shine through every paper in this volume.
This is a book of uncompromising technical excellence, which does exactly what it promises to do: chart the cutting-edge frontiers of environmental and ecological economics, for the benefit of graduate students, professional academics, and policy making elites. The authors are mostly academic leaders in the field, the topics are hot . . . the contributors make the links between abstract theorizing and the concrete mental framing of issues that is a prerequisite for sound policy design . . . The papers in this collection exhibit rigorous and robust analytical frameworks, presented intuitively in clear words as well as mathematically, and harnessed to wide-ranging up-to-date bibliographies whi...
Mathematical Models in Economics is a component of Encyclopedia of Mathematical Sciences in which is part of the global Encyclopedia of Life Support Systems (EOLSS), an integrated compendium of twenty one Encyclopedias. This theme is organized into several different topics and introduces the applications of mathematics to economics. Mathematical economics has experienced rapid growth, generating many new academic fields associated with the development of mathematical theory and computer. Mathematics is the backbone of modern economics. It plays a basic role in creating ideas, constructing new theories, and empirically testing ideas and theories. Mathematics is now an integral part of economi...
A guide to the continually evolving field of labour economics.
'This is an important book. It not only serves as a valuable contribution to green accounting, it is a testament to Salah El Serafy's tireless efforts to reform the national income accounts in ways that would better reveal the sustainable product of nations and the value of development policies. No matter what differences the reader may have with some of the points made, there is no denying that the world would be a much improved place if the reforms suggested by El Serafy were implemented.' – Philip Lawn, Flinders University, Australia 'This book is a fabulous summary of Salah El Serafy's seminal contributions to "greening" national income accounts. If only we had employed the famous "El ...
This compact and original exposition of optimal control theory and applications is designed for graduate and advanced undergraduate students in economics. It presents a new elementary yet rigorous proof of the maximum principle and a new way of applying the principle that will enable students to solve any one-dimensional problem routinely. Its unified framework illuminates many famous economic examples and models. This work also emphasizes the connection between optimal control theory and the classical themes of capital theory. It offers a fresh approach to fundamental questions such as: What is income? How should it be measured? What is its relation to wealth? The book will be valuable to students who want to formulate and solve dynamic allocation problems. It will also be of interest to any economist who wants to understand results of the latest research on the relationship between comprehensive income accounting and wealth or welfare.