Advanced Mathematical Methods In Environmental And Resource Economics
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Advanced Mathematical Methods In Environmental And Resource Economics
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Author : Anastasios Xepapadeas
language : en
Publisher: World Scientific
Release Date : 2022-09-20
Advanced Mathematical Methods In Environmental And Resource Economics written by Anastasios Xepapadeas and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-20 with Business & Economics categories.
The most interesting issues in environmental and resource economics have an explicit temporal dimension, since variables of interest such as pollutants, greenhouse gases, biomass of biological resources, or the stocks of fossil fuels accumulate in the ambient environment or are depleted through human actions and natural processes.The purpose of these lectures is to present the mathematical tools for analyzing environmental and resource management issues in a dynamic set-up.The lectures include a brief description of differential equations and then move on to describe methods of optimal control, dynamic programing, and differential games. The final chapters cover two novel topics: (1) environmental issues characterized by deep uncertainty, and aversion to ambiguity using robust control methods and formulations of precautionary policies; and (2) the study of pollution/resource management in space and time when the environmental variables evolve in time and diffuse in space.The lectures are a valuable tool for advanced graduate students in environmental and resource economics who are studying dynamic problems.
Natural Resource Economics
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Author : Jon M. Conrad
language : en
Publisher: Cambridge University Press
Release Date : 2020-01-30
Natural Resource Economics written by Jon M. Conrad and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-01-30 with Business & Economics categories.
Presents models of renewable and non-renewable resources and provides analytical methods to explore contemporary resource problems.
Mathematical Programming For Agricultural Environmental And Resource Economics
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Author : Harry M. Kaiser
language : en
Publisher: Wiley
Release Date : 2012-01-18
Mathematical Programming For Agricultural Environmental And Resource Economics written by Harry M. Kaiser and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-18 with Business & Economics categories.
Mathematical Programming Models for Agriculture, Environmental, and Resource Economics provides a comprehensive overview of mathematical programming models and their applications to real world and important problems confronting agricultural, environmental, and resource economists. Unlike most mathematical programming books, the principal focus of this text is on applications of these techniques and models to the fields of agricultural, environmental, and resource economics. The three fundamental goals of the book are to provide the reader with: (1) a level of background sufficient to apply mathematical programming techniques to real world policy and business to conduct solid research and analysis, (2) a variety of applications of mathematical programming to important problems in the areas of agricultural, environmental, and resource economics, and (3) a firm foundation for preparation to more advanced, Ph.D. level books on linear and/or nonlinear programming. Despite its introductory nature, the text places significant emphasis on real world applications of mathematical programming to decision problems. A wide array of examples and case studies are used to convey the various programming techniques available to decision analysts.
Lecture Notes On Resource And Environmental Economics
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Author : Anthony C. Fisher
language : en
Publisher: Springer Nature
Release Date : 2020-06-26
Lecture Notes On Resource And Environmental Economics written by Anthony C. Fisher and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-26 with Business & Economics categories.
This book, based on lectures on natural and environmental resource economics, offers a nontechnical exposition of the modern theory of sustainability in the presence of resource scarcity. It applies an alternative take on environmental economics, focusing on the economics of the natural environment, including development, computation, and potential empirical importance of the concept of option value, as opposed to the standard treatment of the economics of pollution control. The approach throughout is primarily conceptual and theoretical, though empirical estimation and results are sometimes noted. Mathematics, ranging from elementary calculus to more formal dynamic optimization, is used, especially in the early chapters on the optimal management of exhaustible and renewable resources, but results are always given an economic interpretation. Diagrams and numerical examples are also used extensively. The first chapter introduces the classical economists as the first resource economists, in their discussion of the implications of a limited natural resource base (agricultural land) for the evolution of the wider economy. A later chapter returns to the same concerns, along with others stimulated by the energy and environmental “crises” of the 1970s and beyond. One section considers alternative measures of resource scarcity and empirical findings on their behavior over time. Another introduces the modern concept of sustainability with an intuitive development of the analytics. A chapter on the dynamics of environmental management motivates the concept of option value, shows how to compute it, then demonstrates its importance in an illustrative empirical example. The closing chapter, on climate change, first projects future changes and potential catastrophic impacts, then discusses the policy relevance of both option value and discounting for the very long run. This book is intended for resource and environmental economists and can be read by interested graduate and advanced undergraduate students in the field as well.
Mathematical Modeling In Economics Ecology And The Environment
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Author : Natali Hritonenko
language : en
Publisher: Springer Science & Business Media
Release Date : 2014-01-08
Mathematical Modeling In Economics Ecology And The Environment written by Natali Hritonenko and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-08 with Mathematics categories.
Updated to textbook form by popular demand, this second edition discusses diverse mathematical models used in economics, ecology, and the environmental sciences with emphasis on control and optimization. It is intended for graduate and upper-undergraduate course use, however, applied mathematicians, industry practitioners, and a vast number of interdisciplinary academics will find the presentation highly useful. Core topics of this text are: · Economic growth and technological development · Population dynamics and human impact on the environment · Resource extraction and scarcity · Air and water contamination · Rational management of the economy and environment · Climate change and global dynamics The step-by-step approach taken is problem-based and easy to follow. The authors aptly demonstrate that the same models may be used to describe different economic and environmental processes and that similar investigation techniques are applicable to analyze various models. Instructors will appreciate the substantial flexibility that this text allows while designing their own syllabus. Chapters are essentially self-contained and may be covered in full, in part, and in any order. Appropriate one- and two-semester courses include, but are not limited to, Applied Mathematical Modeling, Mathematical Methods in Economics and Environment, Models of Biological Systems, Applied Optimization Models, and Environmental Models. Prerequisites for the courses are Calculus and, preferably, Differential Equations.
Dynamic Economic Problems With Regime Switches
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Author : Josef L. Haunschmied
language : en
Publisher: Springer Nature
Release Date : 2020-11-07
Dynamic Economic Problems With Regime Switches written by Josef L. Haunschmied and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-07 with Business & Economics categories.
This book presents the state of the art in the relatively new field of dynamic economic modelling with regime switches. The contributions, written by prominent scholars in the field, focus on dynamic decision problems with regime changes in underlying dynamics or objectives. Such changes can be externally driven or internally induced by decisions. Utilising the most advanced mathematical methods in optimal control and dynamic game theory, the authors address a broad range of topics, including capital accumulation, innovations, financial decisions, population economics, environmental and resource economics, institutional change and the dynamics of addiction. Given its scope, the book will appeal to all scholars interested in mathematical and quantitative economics.
Applications Of Simulation Methods In Environmental And Resource Economics
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Author : Riccardo Scarpa
language : en
Publisher: Springer Science & Business Media
Release Date : 2005-08-12
Applications Of Simulation Methods In Environmental And Resource Economics written by Riccardo Scarpa and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-12 with Business & Economics categories.
Simulation methods are revolutionizing the practice of applied economic analysis. In this book, leading researchers from around the world discuss interpretation issues, similarities and differences across alternative models, and propose practical solutions for the choice of the model and programming. Case studies show the practical use and the results brought forth by the different methods.
Advanced Principles In Environmental Policy
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Author : Anastasios Xepapadeas
language : en
Publisher: Edward Elgar Publishing
Release Date : 1997
Advanced Principles In Environmental Policy written by Anastasios Xepapadeas and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Business & Economics categories.
Advanced Principles in Environmental Policy clearly and systematically presents current developments in the economic theory of environmental policy. A key feature is the systematic exposition of the use of mathematical tools in environmental economics. Professor Xepapadeas builds on and extends the basic theoretical framework of environmental policy and pays special attention to the inter-relationships between environmental economics and other branches of economics. He considers dynamic investment theory, industrial organization, international economics and relaxes standard assumptions underlying his basic model. A key feature of this book is a systematic exposition of the use of mathematical tools in environmental economics. Important practical research topics in the theory of environmental policy are presented, including: emission taxes nonpoint source pollution transboundary pollution the link between international trade and environmental policy international environmental cooperation. Advanced Principles in Environmental Policy will provide stimulus for further research in the theory of environmental policy. It will prove essential reading for advanced undergraduate and graduate students in environmental economics as well as for professionals, researchers and policymakers seeking to understand the fundamentals of environmental policy.
Lectures In The Microeconomics Of Choice Foundations Consumers And Producers
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Author : William David Anthony Bryant
language : en
Publisher: World Scientific
Release Date : 2023-02-17
Lectures In The Microeconomics Of Choice Foundations Consumers And Producers written by William David Anthony Bryant and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-02-17 with Business & Economics categories.
People pursue their own interests, whatever those interests might be. Some people have interests that are narrow and selfish, while others have interests that are broad and altruistic. The idea that people are self-interested underpins all of economic analysis and raises two fundamental questions: 1. How do people choose the actions they think will further their own interests? 2. Can the potentially conflicting interests of different people be made to 'mesh' in some sort of socio-economic equilibrium? This book is devoted to a detailed study of the first question. Its Companion Volume (Economy-Wide Microeconomics: Equilibrium, Optimality, Applications and Tests) makes a detailed study of the second question.Following some foundational remarks, this book studies the Arrow-Debreu theory of consumer choice. That theory supposes people choose so as to maximize a complete, continuous, transitive, and reflexive binary preference relation over a non-empty and compact choice set. The book then studies numerous refinements, generalizations and extensions of each of these restrictions — up to and including recent work on Behavioral theories of choice and choice behaviour when preferences are intransitive/incomplete/discontinuous. Also considered is choice behaviour in environments that are not necessarily compact. A study is also made of intertemporal choice and choice under uncertainty. The study of Arrow-Debreu choice theory and its extensions are presented from the Primal, Dual, and Revealed Preference points of view.Consumers are not the only agents in the economy, as Producers are present as well. Beginning with a study of the Arrow-Debreu idea that producers choose from a convex production set so as to maximize profit, the book considers extensions and generalizations of this framework, particularly to non-convex environments. The study is presented from the Primal and Dual points of view.The final chapter in the book provides a link to its Companion Volume. The Chapter indicates how the theories of consumer and producer choice studied here help inform answers of the second question posed above.Resources are available to instructors who adopt this book. More details at www.worldscientific.com/worldscibooks/10.1142/12789-sm
Science Of Mistakes The Lecture Notes On Economic Data Engineering
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Author : Andrew Caplin
language : en
Publisher: World Scientific
Release Date : 2023-05-16
Science Of Mistakes The Lecture Notes On Economic Data Engineering written by Andrew Caplin and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-16 with Business & Economics categories.
That mistakes are made is clear. What is meant by that is not. Measuring whatever might be meant and scientifically studying it is therefore even more challenging.These lectures introduce an interdisciplinary science of mistakes to cut the Gordian knot. The key building blocks are model constructs drawn from the economic tradition, methods of measurement drawn from the psychometric tradition, and analytic methods drawn from economic theory.