Non-Renewable Resources and Disequilibrium Macrodynamics Paperback / softback
by Robert Marks
Part of the Routledge Library Editions: Environmental and Natural Resource Economics series
Paperback / softback
- Information
Description
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.
Information
-
Out of StockMore expected soonContact us for further information
- Format:Paperback / softback
- Pages:362 pages
- Publisher:Taylor & Francis Ltd
- Publication Date:24/04/2019
- Category:
- ISBN:9781138090552
Other Formats
- Hardback from £116.24
- EPUB from £29.15
- PDF from £29.15
Information
-
Out of StockMore expected soonContact us for further information
- Format:Paperback / softback
- Pages:362 pages
- Publisher:Taylor & Francis Ltd
- Publication Date:24/04/2019
- Category:
- ISBN:9781138090552
