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Non-renewable resources and disequilibrium macrodynamics /

"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 foresi...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Marks, Robert, 1946- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Oxon : Routledge, 2017.
Colección:Routledge library editions. Environmental and natural resource economics ; vol. 9.
Temas:
Acceso en línea:Texto completo

MARC

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520 2 |a "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."--Provided by publisher 
505 0 |a Chapter 1 INTRODUCTION -- chapter 2 THE BASIC MODEL -- chapter 3 A SIMPLE FIX-PRICE DISEQUILIBRIUM MODEL -- chapter 4 PRICE ADJUSTMENTS IN THE DISEQUILIBRIUM MODEL -- chapter 5 EXPECTATIONS AND THE SUPPLY OF RESOURCE FLOW -- chapter 6 CONCLUSION. 
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650 6 |a Ressources énergétiques  |x Modèles mathématiques. 
650 6 |a Ressources non renouvelables  |x Modèles mathématiques. 
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