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SUMMARY:An Introduction to Economic Models of Population-Resource Dynamics
  with Systems Analysis - Dr Yoko Nagase from the Department of Economics a
 nd International Business\, Oxford Brookes University Business School
DTSTART:20100521T120000Z
DTEND:20100521T130000Z
UID:TALK24953@talks.cam.ac.uk
CONTACT:Ellen Ihrig
DESCRIPTION:About the speaker:\n\nDr Yoko Nagase is currently Senior Lectu
 rer\, Dept. of Economics and International Business\, Oxford Brookes Unive
 rsity Business School. She was formerly Distinguished Visiting Sustainabil
 ity Scholar\, Center for Sustainable Processes and Practices\, Portland St
 ate University\, Portland\, Oregon. Her research interests include environ
 mental and resource economics. Recent project topics include: simulation m
 odel design and analysis for renewable resources and population system dyn
 amics\, construction and analysis of Californian carbon market compliance 
 cost calculator as a team member of the Carbon Modeling Group\, and modell
 ing of recyclable product markets and take-back programs (e.g.\, Japanese 
 recycling programs and Packaging waste Recovery Notes of the UK). She has 
 a Ph.D. in Economics from the University of Oregon.\n\nAbout the seminar:\
 n\nThere is a group of models of population and resource dynamics called t
 he BT-type models because the models are the descendants of the initial mo
 del by Brander and Taylor (1999). In contrast to traditional macroeconomic
  growth models that focus on benevolent social planners’ infinite-time o
 ptimization in a centralized manner\, in the BT-type models individuals be
 have in a decentralized manner (i.e.\, interacting with each other through
  markets) and are concerned about the present and near future. Feedback me
 chanisms between these economic agents’ behaviour and the population and
  resource growth from one period to another allow us to study the fluctuat
 ion of these stock variables and individuals’ well-being over time. This
  approach does not guarantee a steady-state and allows for the potential t
 hat the modelled economy can outgrow its supporting ecosystems. This semin
 ar will compare the BT model and its descendants from the following perspe
 ctives: (1) population growth functions\, (2) substitutability between man
 -made and natural goods/inputs\, (3) treatment of innovation\, (4) capital
  accumulation\, (5) property rights\, and (6) overall modelling approach.\
 n
LOCATION:Laundress Lane Seminar Room 1
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