77912 - SUSTAINABLE RESOURCE ECONOMICS AND POLICY

Conoscenze e abilità da conseguire

The course aims at providing the students with the tools to understand issues related to the economics of natural resources and its relationship with economic sustainability. In particular, students will learn how to use and interpret models of forestry, fisheries, pollutant emissions, resource extraction and harvesting. They will also be able to assess the sustainability of economic systems if the individuals' welfare depends on the creation and harvesting of renewable resources as well as on the extraction of non-renewable resources.

Contenuti

Part 1

A Primer in Behavioral Economics

1) Decision-Making Under Certainty

2) Decision-Making Under Risk and Uncertainty

3) Strategic Interaction

4) Game Theory

Applications to Environmental Problems

5) Class Experiments

6) Cooperation in the local commons

7) International Environmental Agreements

8) Climate Negotiations Games

 

Part 2 (Prof. Andergassen)

Environmental pollution

1) Trade and environment: classical theorems and environmental resources

Natural resource exploitation

2) Efficient and optimal use of natural resources

3) Optimal Resource Extraction: non-renewable resource

4) Stock Pollution Problems

5) Renewable resources

Testi/Bibliografia

A Course in Behavioral Economics, by Erik Angner (Palgrave Macmillan, 2012).

R. Perman, Y. Ma, M. Common, D. Maddison, J. McGilvray, Natural Resource and Environmental Economics , Addison Wesley (Pearson), 4th edition.

Metodi didattici

Traditional lectures.

Modalità di verifica e valutazione dell'apprendimento

Written test consisting of open questions

Presentations and assignments

Details will be provided at the beginning of lectures.

Strumenti a supporto della didattica

https://elearning-cds.unibo.it/course/view.php?id=8967

Orario di ricevimento

Consulta il sito web di Rainer Andergassen

Consulta il sito web di Alessandro Tavoni