2009 Fiscal Year Final Research Report
Theoretical Analysis on Sustainability of Resource Economy subject to Discrete Type Uncertainty
| Project/Area Number |
19530153
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Economic theory
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| Research Institution | Kobe University |
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Principal Investigator |
OHTA Hiroshi Kobe University, 大学院・国際協力研究科, 教授 (50118006)
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| Co-Investigator(Kenkyū-buntansha) |
KATAYAMA Seiichi 愛知学院大学, 商学部, 教授 (70047489)
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| Project Period (FY) |
2007 – 2009
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| Keywords | 持続可能性 / 資源経済 / 確率的変動 |
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| Research Abstract |
Consider an economy where individuals are producing single commodity for their consumption and investment to augment physical capital by combining private capital and international common natural resource such as high sea fishery and clean atmosphere with constant temperature. The resource endowment is subject to sudden discontinuous changes due to drilling technology innovation or groundwater infiltration. We analyzed whether the resource proprietors shall cooperate for their economic activity or seek for their individual purposes in order to raise the sustainability of this economy and found that the cooperative activity is better than the other.
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