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This monograph provides a concise introduction to the overlapping generations approach to the intertemporal economics of renewable natural resources. In contrast to the dominant infinitely-lived agent (ILA) approach it acknowledges that natural resources typically outlive the individuals who use them. Finite lifetimes, generations overlap and competing natural and man-made capital facilitate long-run intergenerational inefficiency and inequity (unsustainability) of market allocations. While avoiding any presumption of either doomsday or a golden age, the book investigates the structural and institutional preconditions needed to ensure that renewable resources are used efficiently and equitably across generations. The primary aim of this book is to provide an easy-to-follow guide to the analytically much more demanding journal literature. This is achieved by using the same model type throughout the book and by adhering to functional specifications that allow for explicit equilibrium solutions.

Environmental economics --Mathematical models. --- Natural resources --Management --Mathematical models. --- Natural resources --- Environmental economics --- Business & Economics --- Economic History --- Mathematical models --- Management --- Economics. --- Environmental economics. --- Economics --- Environmental quality --- Economic theory --- Political economy --- Environmental aspects --- Economic aspects --- Environmental Economics. --- Social sciences --- Economic man

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Environmental policy --- Climatic changes --- Pollution --- Environmental protection --- Natural resources --- Game theory --- Economic aspects --- Mathematical models --- International cooperation --- Finance --- Management --- 614.7 --- -Climatic changes --- -Pollution --- -Natural resources --- -Game theory --- Games, Theory of --- Theory of games --- Mathematics --- National resources --- Resources, Natural --- Resource-based communities --- Resource curse --- Environmental quality management --- Protection of environment --- Environmental sciences --- Applied ecology --- Environmental engineering --- Environmental quality --- Chemical pollution --- Chemicals --- Contamination of environment --- Environmental pollution --- Contamination (Technology) --- Asbestos abatement --- Bioremediation --- Factory and trade waste --- Hazardous waste site remediation --- Hazardous wastes --- In situ remediation --- Lead abatement --- Pollutants --- Refuse and refuse disposal --- Changes, Climatic --- Climate change --- Climate changes --- Climate variations --- Climatic change --- Climatic fluctuations --- Climatic variations --- Global climate changes --- Global climatic changes --- Climatology --- Climate change mitigation --- Teleconnections (Climatology) --- Environment and state --- Environmental control --- Environmental management --- State and environment --- Environmental auditing --- Pollutie van lucht, water, grond--(openbare gezondheidszorg) --- -Mathematical models --- -Mathematical models. --- Environmental aspects --- Control --- Government policy --- International cooperation&delete& --- Economic aspects&delete& --- Finance&delete& --- Management&delete& --- Changes in climate --- Climate change science --- Global environmental change --- Environmental policy - Economic aspects - Mathematical models --- Climatic changes - International cooperation - Mathematical models --- Pollution - Economic aspects - Mathematical models --- Environmental protection - Finance - Mathematical models --- Natural resources - Management - Mathematical models