| 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 |
| URL | https://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. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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