Models of Sustainable DevelopmentSylvie Faucheux, David Pearce, David William Pearce, John L. R. Proops A rigorous approach to environmental sustainability suitable for researchers and graduate students in environmental economics. Surveys a wide range of approaches to modeling sustainable development, including neo-classical, evolutionary, ecological economics, and neo-Ricardian. Examines how they deal with such fundamental issues as equity between and within generations, the very long term, the irreversibility of ecological change, uncertainty and system complexity, and processes of technological change. Annotation copyright by Book News, Inc., Portland, OR |
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Page 92
... tion . The fundamental behavioural assumptions are the maximisation of the producers ' profit against technological constraints , and the maximisation of the consumers ' utility against budgetary constraints . In the case of the short ...
... tion . The fundamental behavioural assumptions are the maximisation of the producers ' profit against technological constraints , and the maximisation of the consumers ' utility against budgetary constraints . In the case of the short ...
Page 114
... tion , ( 2 ) his attempt to incorporate irreversibility and the effects of learning into a historical treatment of cost curves , and ( 3 ) his evolutionary approach to economic change . In contrast to the views of Thomas ( 1991 ) and ...
... tion , ( 2 ) his attempt to incorporate irreversibility and the effects of learning into a historical treatment of cost curves , and ( 3 ) his evolutionary approach to economic change . In contrast to the views of Thomas ( 1991 ) and ...
Page 324
... of throughputs . We need a concept of ' good throughput ' , whereby a commitment to sustainability would be expressed in a positive disposi- tion towards others elsewhere and in the future . The 324 Neo - Ricardian Models.
... of throughputs . We need a concept of ' good throughput ' , whereby a commitment to sustainability would be expressed in a positive disposi- tion towards others elsewhere and in the future . The 324 Neo - Ricardian Models.
Contents
Introduction | 1 |
Sustainability versus | 25 |
A Renewable Natural Resource Reproduction Competitive | 37 |
Copyright | |
14 other sections not shown
Common terms and phrases
allocation analysis approach assumptions behaviour Cambridge CGE models characterised circuit clean technologies climate change CO₂ concept constraint consumer consumption Costanza costs DeBellevue defined depends dynamics Ecological Economics economic growth economic model economic system Economic Theory ecosystem effects emissions endogenous growth endogenous growth theories energy technologies environment Environmental Economics equation equilibrium evolutionary exhaustible resources existence exogenous factors firms flow framework future greenhouse greenhouse gas growth models growth rate impact income increase innovation inputs interactions intergenerational equity intertemporal labour land-use learning-by-doing Liapunov function matrix N₁ natural capital natural environment neo-Ricardian neoclassical optimal organisational output overlapping generations model parameter path Patuxent Pearce period pollution possible problem produced capital production function production process regime resilience resource industry resource rent sector simulation social Solow spatial stability steady-state strategy structure substitution sustainable development technical change technical progress technique technological change trajectory University Press variables