Directory UMM :Data Elmu:jurnal:M:Mathematical Social Sciences:Vol38.Issue1.Jul1999:
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If individual preferences exhibit risk substitutability (i.e. future relative risk aversion decreases with higher current consumption), then the riskier asset has a more volatile
Again, a quasi-strict equilibrium with the support of at most three pure strategies is locally asymptotically stable with respect to these dynamics if the level of inertia is
is first defined such that pollution should never be greater than this level. The urban household may then pay the rural household to obtain pollution below the entitlement level.
The contrast between, on the one hand, decreasing emissions of the metals cadmium, copper, lead and zinc and, on the other, their continuously increasing input into the economy
The publication of the ‘System of Integrated Environmental and Economic Accounting (SEEA)’ by the United Nations marked a decisive advance in the discussion of environmental
Given an assumed, albeit uncertain, climate change impact value, a tax on beef production of about 9% of the unit price would represent the upper limit of the shadow costs of
Advances in the theory and analysis of the impact of income and market accessibility on resource use shifts in tropical areas are primarily based on the empirical examination of
Using the linear fine and linear production function in an intertemporal optimisation framework leads to similar conclusions as those for the open access model at long-run
