Non-Renewable Resources and Disequilibrium Macrodynamics

Business & Finance, Industries & Professions, Industries, Economics
Cover of the book Non-Renewable Resources and Disequilibrium Macrodynamics by Robert Marks, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Robert Marks ISBN: 9781351610513
Publisher: Taylor and Francis Publication: October 17, 2017
Imprint: Routledge Language: English
Author: Robert Marks
ISBN: 9781351610513
Publisher: Taylor and Francis
Publication: October 17, 2017
Imprint: Routledge
Language: English

This study, first published in 1979, continues by examining the question of whether a competitive economy can efficiently allocate a stock of non-renewable natural resources through time. Long-run analyses of competitive economies with such resources have concluded that, without perfect foresight or a complete set of future markets extending infinitely far into the future, there is no economic mechanism to guarantee that the initial price is set so that the economy converges to the socially desirable path of balanced growth. This title will be of interest to students of environmental and natural resource economics.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This study, first published in 1979, continues by examining the question of whether a competitive economy can efficiently allocate a stock of non-renewable natural resources through time. Long-run analyses of competitive economies with such resources have concluded that, without perfect foresight or a complete set of future markets extending infinitely far into the future, there is no economic mechanism to guarantee that the initial price is set so that the economy converges to the socially desirable path of balanced growth. This title will be of interest to students of environmental and natural resource economics.

More books from Taylor and Francis

Cover of the book OPEC, The Gulf, And The World Petroleum Market by Robert Marks
Cover of the book Birth of the European Individual by Robert Marks
Cover of the book Afghanistan by Robert Marks
Cover of the book Museums, Prejudice and the Reframing of Difference by Robert Marks
Cover of the book The State and Revolution in Iran (RLE Iran D) by Robert Marks
Cover of the book Subjective Well-Being and Life Satisfaction by Robert Marks
Cover of the book Introduction to Spanish Private Law by Robert Marks
Cover of the book Streamlined ID by Robert Marks
Cover of the book Atomic Theories by Robert Marks
Cover of the book Mediaeval Education and the Reformation by Robert Marks
Cover of the book Online Arbitration by Robert Marks
Cover of the book Sport Psychology by Robert Marks
Cover of the book Health and Social Change in Russia and Eastern Europe by Robert Marks
Cover of the book The Effective Teacher's Guide to Autism and Communication Difficulties by Robert Marks
Cover of the book Comparing Political Corruption and Clientelism by Robert Marks
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy