1987 | OriginalPaper | Chapter
An Introduction to Dynamic Models of the Environment
Authors : Prof. Dr. Malte Faber, Dr. Gunter Stephan, Dr. Horst Niemes
Published in: Entropy, Environment and Resources
Publisher: Springer Berlin Heidelberg
Included in: Professional Book Archive
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As mentioned in the Introduction, we will start our investigations with a disaggregated environment-capital model. This was developed by Niemes (1981: Chap. 3) from a neo-Austrian capital model. Even though some questions of environmental economics could be answered with this model, it did not quite suffice for an all-encompassing investigation of alternative waste treatment strategies. As we shall see in the course of our enquiry, a series of additional extensions are necessary.