Forest resources are an ideal starting point for economic analysis of sustainability. In this book, leading economists discuss key aspects of sustainability and sustainable forest management including complexity, ethical issues, consumer choice theory, intergenerational equity, non-convexities, and multiple equilibria. This systematic critique of neoclassical economic approaches is followed by a companion work, Institutions, Sustainability, and Natural Resources: Institutions for Sustainable Forest Management, Volume 2 in the series.Sustainability fits much better into the complexity story in which one does not talk about equilibrium; one talks about basins of ... Khan relates Kanta#39;s (2003a) four sub-principles of the economics of SFMaexistence, relativity, uncertainty, andanbsp;...
|Title||:||Economics, Sustainability, and Natural Resources|
|Author||:||Shashi Kant, R. Albert Berry|
|Publisher||:||Springer Science & Business Media - 2006-03-30|