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    Natural Resources, Uncertainty, and General Equilibrium Systems: Essays in Memory of Rafael Lusky
    Natural Resources, Uncertainty, and General Equilibrium Systems: Essays in Memory of Rafael Lusky
    Natural Resources, Uncertainty, and General Equilibrium Systems: Essays in Memory of Rafael Lusky
    Ebook191 pages6 hours

    Natural Resources, Uncertainty, and General Equilibrium Systems: Essays in Memory of Rafael Lusky

    By Alan S. Blinder and Philip Friedman

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    About this ebook

    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 sections— 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.
    LanguageEnglish
    PublisherAcademic Press
    Release dateOct 22, 2013
    ISBN9781483264837
    Natural Resources, Uncertainty, and General Equilibrium Systems: Essays in Memory of Rafael Lusky

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