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Post-Faustmann Forest Resource Economics
Shashi . Ed(S): Kant
€ 195.18
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Description for Post-Faustmann Forest Resource Economics
Hardback. This book offers a unique critique of the dominant paradigm of forest economics, Faustmann Forest Economics. It presents new economic approaches, applications of experimental methods and systems approaches, and new perspectives about temporal aspects. Editor(s): Kant, Shashi. Series: Sustainability, Economics, and Natural Resources. Num Pages: 310 pages, 38 black & white illustrations, 18 colour illustrations, 27 black & white tables, biograp. BIC Classification: KCN. Category: (P) Professional & Vocational. Dimension: 235 x 155 x 23. Weight in Grams: 631.
The current paradigm of forest economics is based on Faustmann Formulation (FF) of land expectation value proposed by Martin Faustmann. It was a great achievement by a forester to propose a formulation that captures some fundamental economic features of capital theory which. However, the followers of the FF approach have trapped themselves into the past, and have not shown any indication of economic acumen of the great Faustmann. This has resulted in a common problem in the current paradigm of forest economics, known as Faustmann Forest Resource Economics (FFRE), to prescribe the application of a single (FF) approach to all ... Read more
The current paradigm of forest economics is based on Faustmann Formulation (FF) of land expectation value proposed by Martin Faustmann. It was a great achievement by a forester to propose a formulation that captures some fundamental economic features of capital theory which. However, the followers of the FF approach have trapped themselves into the past, and have not shown any indication of economic acumen of the great Faustmann. This has resulted in a common problem in the current paradigm of forest economics, known as Faustmann Forest Resource Economics (FFRE), to prescribe the application of a single (FF) approach to all ... Read more
Product Details
Format
Hardback
Publication date
2013
Publisher
Springer Netherlands
Number of pages
310
Condition
New
Series
Sustainability, Economics, and Natural Resources
Number of Pages
293
Place of Publication
Dordrecht, Netherlands
ISBN
9789400757776
SKU
V9789400757776
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Shashi . Ed(S): Kant
The first book on the topic offers 21st century alternatives to the 163 year-old Faustmann paradigm at the heart of forest resource economics. Since that time, many new streams of economics - including agent-based economics, behavioral economics, complexity theory, ecological economics, evolutionary game theory, social choice theory and public choice theory - have extended the horizons of economic thinking far ... Read more
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