The Economic Incentives Underlying Resource and Environmental Depletion

Colin Clark () and Jin Yoshimura

Environmental & Resource Economics, 2015, vol. 61, issue 1, 87-90

Abstract: We discuss the current global economic crisis as an analog of short-term harvesting of a biological resource, in which motives of short-term profit over-ride sustainability considerations. Copyright Springer Science+Business Media Dordrecht 2015

Keywords: Over-harvesting; Future discounting; Short-term economic incentives (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/s10640-014-9763-2

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