Natural Resources, Uncertainty, and General Equilibrium Systems
Essays in Memory of Rafael Lusky
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Natural Resources, Uncertainty, and General Equilibrium Systems
Essays in Memory of Rafael Lusky
About This Book
Natural Resources, Uncertainty, and General Equilibrium Systems: Essays in Memory of Rafael Lusky compiles a collection of works by economists who had been friends and colleagues of Rafael Lusky, a teacher in the University of Florida and contributor to theoretical resource economics. This book is divided into four sectionsâ natural resources, uncertainty, general equilibrium systems, and policy and applications. In these sections, this text specifically discusses the resource depletion with technological uncertainty and the Rawlsian fairness principle; monopoly, uncertainty, and exploration; and price discrimination under uncertainty. The insurance theoretic aspects of workers' compensation; adverse selection and optimum insurance policies; and difficulty with Keynesian models of aggregate demand are also elaborated. This compilation likewise deliberates the exchange model of bilateral trade; optimal taxes on foreign lending; and extended linear permanent expenditure system (ELPES). This publication is a useful reference for economists and students concerned with theoretical resource economics.
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Table of contents
- Front Cover
- Natural Resources, Uncertainty, and General Equilibrium Systems: Essays in Memory of Rafael Lusky
- Copyright Page
- Table of Contents
- RAFAEL LUSKY (1939-1976)
- LIST OF CONTRIBUTORS
- PREFACE
- PART I: NATURAL RESOURCES
- PART 2: UNCERTAINTY
- PART 3: GENERAL EQUILIBRIUM SYSTEMS: STABILITY, OPTIMALITY, AND DISTRIBUTION
- PART 4: POLICY AND APPLICATIONS