Wirtschaftliches Wachstum Bei Erschöpfbaren Ressourcen (English, Martin J. Beckmann)
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Book Details
Publisher
Vs Verlag Fur Sozialwissenschaften
Language
English
ISBN-13
9783531082479
ISBN-10
3531082477
Author
Martin J. Beckmann
About the Book
If production exhausts some resources and these are necessary in future production even though some substitution of producible resources is pos- sible, how should the available stocks of exhaustible resources be allocated to present and future production? The objective considered is to maximize the present value of the utility of current and future consumption. When production functions are Cobb-Douglas and the utility functions are logarithmic,…
ISBN: 9783531082479
ISBN-13: 9783531082479
ISBN-10: 3531082477
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Product ID: isbn-9783531082479
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