G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
When is it Optimal to Exhaust a Resource in a Finite Time?
Y. Hossein Farzin; Ken-Ichi Akao
发表日期2006
出处Climate Change and Sustainable Development
出版年2006
语种英语
摘要Exhaustion of a natural resource stock may be a rational choice for an individual and/or a community, even if a sustainable use for the resource is feasible and the resource users are farsighted and well informed on the ecosystem. We identify conditions under which it is optimal not to sustain resource use. These conditions concern the discounting of future benefits, instability of social system or ecosystem, nonconvexity of natural growth function, socio-psychological value of employment, and strategic interaction among resource users. The identification of these conditions can help design policies to prevent unsustainable patterns of resource use.
特色分类Q20
关键词Renewable resource management,Sustainability,Finite-time exhaustion,Optimal path,Policy implications
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/when-is-it-optimal-to-exhaust-a-resource-in-a-finite-time/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117287
推荐引用方式
GB/T 7714
Y. Hossein Farzin,Ken-Ichi Akao. When is it Optimal to Exhaust a Resource in a Finite Time?. 2006.
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