First published 2013
This collection brings together economic research dedicated to Rafael Lusky, a University of Florida professor who advanced theoretical resource economics. The book divides into four areas: natural resources, uncertainty, general equilibrium systems, and policy applications. Contributors examine resource depletion under technological uncertainty and apply the Rawlsian fairness principle to economic problems. They analyze monopoly behavior during exploration under uncertain conditions and study price discrimination when outcomes remain unclear. The volume covers insurance theory in workers' compensation, adverse selection in insurance markets, and critiques of Keynesian aggregate demand models. Authors explore bilateral trade through exchange models, examine optimal taxation of foreign lending, and present the extended linear permanent expenditure system. Written by Lusky's friends and colleagues, this compilation serves economists and students working in theoretical resource economics.
Genres: economics, environment, non-fiction, academic
Vibes: thought-provoking
Tropes: academic
255 pages · Kindle Edition · Academic Press