13 Ergebnisse.

This volume provides a rigorous and analytical perspective on the pressing issue of making economic progress consistent with environmental conservation. It proposes formal definitions of sustainability, embeds them in dynamic models and models of uncertainty, and explores the concepts and their implications. It presents a wide-ranging approach to formalizing sustainability and bringing it within the realm of economic theory. Environmental sust...

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This work is concerned with the study of local and global properties of spaces of preferences and their applications to general equilibrium, utility and demand analysis. Differential topology and global analysis tools are used to study the mathematical aspects of these problems, adding further results and techniques to an approach introduced in mathematical economics by Gerard Debreu in 1970. Spaces of smooth, not necessarily convex or increas...

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This is the first book combining research on the Global Environment, Catastrophic Risks and Economic Theory and Policy. Modern economic theory originated in the middle of the twentieth century when industrial expansion coupled with population growth led to a voracious use of natural resources and global environmental concerns. It is uncontested that, for the first time in recorded history, humans dominate the planet, changing the planet's atmo...

Markets are increasingly central to the resolution of environmental problems. They played a critical role in implementing the 1990 Clean Air Act of the United States, which has been instrumental in reducing acid rain in a cost-effective manner. They are also central to the global strategy adopted for limiting the emissions of greenhouse gases under the 1997 Kyoto Protocol and are being used for resolving conflicts over the use of other environ...

Leading theorists offer insights on the role of uncertainty and information in the market.

of ecological (also biological) variables b which interact in their dynamic t evolution: det dbt dt = f (et, bt)' dt = 9 (et, bt)· Among the solution paths to this interaction between economic and ecologi­ cal variables, we look for those which are sustainable. Sustainable paths are typically those along which the values of certain key stocks are always pos­ itive, these key stocks being important environmental resources. The types of paths on...

This book focuses on the main issues of trade and development, and on the attainment of the major development goals generally espoused in the international community: rapid development in the Third World, sustained economic expansion in the industrial countries and the eradication of deep inequalities and of extreme poverty. It consists of four parts. The first three give an overall analysis of the world economy, with commentary and conclusion...

Leading theorists offer insights on the role of uncertainty and information in the market.

This book focuses on the main issues of trade and development, and on the attainment of the major development goals generally espoused in the international community: rapid development in the Third World, sustained economic expansion in the industrial countries and the eradication of deep inequalities and of extreme poverty. It consists of four parts. The first three give an overall analysis of the world economy, with commentary and conclusion...