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An Introduction to the Overlapping Generations ApproachKarl Farmer; Birgit Bednar-Friedl978-3-642-13229-22010 Edition 1- First monograph (advanced text book) using the overlapping generations approach to the economics of renewable natural resources
- Clarifies the notion of intergenerational efficiency and applies it to intertemporal equilibria of market economies
- Enables the reader to derive explicit solutions for intertemporal general equilibria with renewable resources
- Introduces harvest costs in general equilibrium models
€180 €16210% OFF