Warriors B2G1 Free
 
 

Special Offers see all

Enter to WIN a $100 Credit

Subscribe to PowellsBooks.news
for a chance to win.
Privacy Policy

Visit our stores


    Recently Viewed clear list


    Q&A | May 12, 2015

    Aleksandar Hemon: IMG Powell’s Q&A: Aleksandar Hemon



    Describe your latest book. The Making of Zombie Wars is a roller-coaster ride of violence and sex. The main character, Joshua Levin, is a modestly... Continue »
    1. $18.20 Sale Hardcover add to wish list

      The Making of Zombie Wars

      Aleksandar Hemon 9780374203412

    spacer
Qualifying orders ship free.
$170.50
New Hardcover
Ships in 1 to 3 days
Add to Wishlist
available for shipping or prepaid pickup only
Available for In-store Pickup
in 7 to 12 days
Qty Store Section
25 Remote Warehouse Economics- General

This title in other editions

Sustainability, Economics, and Natural Resources #4: Post-Faustmann Forest Resource Economics

by

Sustainability, Economics, and Natural Resources #4: Post-Faustmann Forest Resource Economics Cover

 

Synopses & Reviews

Publisher Comments:

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 situations irrespective of the specific features of the situation. The current state of forest economics is similar to that of neoclassical economics, and is full of inefficiencies. In neoclassical economics, inefficiencies are due to its "locked-in" position in rational economic man, while in forest economics inefficiencies are due to its "locked-in" position in the FF. The focus of this volume is on the new paradigm of forest economics termed as Post-Faustmann Forest Resource Economics (PFFRE). The first chapter lays the foundation of the PFFRE, and presents the key distinctions between the FFRE and the PFFRE. The volume includes twelve other chapters that address issues related to forest economics from perspectives different than the FFRE. Chapter 2 to 6 are focused on issues related to human behavior that is different than the rational economic man, Chapter 7 and 8 on public choice theory, Chapter 9 and 10 on systems approaches, and Chapter 11 to 13 on incremental approaches to incorporate new features in the FFRE.

Synopsis:

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.

Synopsis:

One of the first on the topic, this book offers 21st century alternatives to the 163 year-old paradigm at the heart of forest resource economics, the Faustmann Formulation of land expectation value. 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 beyond the limits of neoclassical economics. Today, the role of multiple forest ecosystem services in climate change, human health, environmental sustainability and human development is increasingly recognized, and attention turns to enhancing the contribution of forests to a "green" economy rather than the traditional contribution of forests to a blue (industrial) economy. The fourth volume in the Sustainability, Economics and Natural Resources series, Post-Faustmann Forest Resource Economics (PFFRE) focuses on the new paradigm of forest economics. The first chapter lays the foundation of the PFFRE, presenting the key distinctions between the FFRE and the PFFRE. Twelve following chapters address issues related to forest economics from perspectives different than the FFRE. Chapters 2 to 6 discuss issues related to human behavior that is different than the traditional "rational economic man," Chapters 7 and 8 examine public choice theory, Chapters 9 and 10 present systems approaches, and Chapters 11 to 13 describe incremental approaches for incorporating new features in the FFRE.

About the Author

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 beyond the limits of neoclassical economics. Today, the role of multiple forest ecosystem services in climate change, human health, environmental sustainability and human development is increasingly recognized, and attention turns to enhancing the contribution of forests to a "green" economy rather than the traditional contribution of forests to an industrial economy. The fourth volume in the Sustainability, Economics and Natural Resources series, Post-Faustmann Forest Resource Economics focuses on the new paradigm of forest economics. The first chapter lays the foundation of the PFFRE, presenting the key distinctions between the FFRE and the PFFRE. Twelve following chapters address issues related to forest economics from perspectives different than the FFRE. Chapters 2 to 6 discuss issues related to human behavior that is different than the traditional "rational economic man," Chapters 7 and 8 examine public choice theory, Chapters 9 and 10 survey systems approaches, and Chapters 11 to 13 describe incremental approaches for incorporating new features in the FFRE.

Table of Contents

Contents

Product Details

ISBN:
9789400757776
Author:
Kant, Shashi
Publisher:
Springer
Subject:
Economics - General
Subject:
Complexity and systems approaches
Subject:
Faustmann
Subject:
Forest Economics
Subject:
Public Choice Theory
Subject:
Resource Economics
Subject:
Environmental economics
Subject:
Microeconomics
Copyright:
Edition Description:
2013
Series:
Sustainability, Economics, and Natural Resources
Series Volume:
4
Publication Date:
20121130
Binding:
HARDCOVER
Language:
English
Pages:
310
Dimensions:
235 x 155 mm

Related Subjects

Engineering » Environmental Engineering » Forestry
History and Social Science » Economics » General

Sustainability, Economics, and Natural Resources #4: Post-Faustmann Forest Resource Economics New Hardcover
0 stars - 0 reviews
$170.50 In Stock
Product details 310 pages Springer - English 9789400757776 Reviews:
"Synopsis" by , 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.
"Synopsis" by , One of the first on the topic, this book offers 21st century alternatives to the 163 year-old paradigm at the heart of forest resource economics, the Faustmann Formulation of land expectation value. 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 beyond the limits of neoclassical economics. Today, the role of multiple forest ecosystem services in climate change, human health, environmental sustainability and human development is increasingly recognized, and attention turns to enhancing the contribution of forests to a "green" economy rather than the traditional contribution of forests to a blue (industrial) economy. The fourth volume in the Sustainability, Economics and Natural Resources series, Post-Faustmann Forest Resource Economics (PFFRE) focuses on the new paradigm of forest economics. The first chapter lays the foundation of the PFFRE, presenting the key distinctions between the FFRE and the PFFRE. Twelve following chapters address issues related to forest economics from perspectives different than the FFRE. Chapters 2 to 6 discuss issues related to human behavior that is different than the traditional "rational economic man," Chapters 7 and 8 examine public choice theory, Chapters 9 and 10 present systems approaches, and Chapters 11 to 13 describe incremental approaches for incorporating new features in the FFRE.
spacer
spacer
  • back to top

FOLLOW US ON...

     
Powell's City of Books is an independent bookstore in Portland, Oregon, that fills a whole city block with more than a million new, used, and out of print books. Shop those shelves — plus literally millions more books, DVDs, and gifts — here at Powells.com.