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Ambivalent Joint Production and the Natural Environment

An Economic and Thermodynamic Analysis

  • Book
  • © 2000

Overview

Authors:
  1. Stefan Baumgärtner

    1. Department of Economics, University of Heidelberg, Heidelberg, Germany

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Part of the book series: Contributions to Economics (CE)

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Table of contents (13 chapters)

  1. Front Matter

    Pages i-xiii
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  2. Introduction

    1. Introduction

      • Stefan Baumgärtner
      Pages 1-19

  3. The Phenomenon of Joint Production

    1. Front Matter

      Pages 21-21
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    2. Joint production and the natural environment

      • Stefan Baumgärtner
      Pages 23-44

    3. Thermodynamics

      • Stefan Baumgärtner
      Pages 45-64

    4. All production is joint production

      • Stefan Baumgärtner
      Pages 65-87

  4. The Analysis of Joint Production in the History of Economic Thought

    1. Front Matter

      Pages 89-93
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    2. The classical position and its early critics

      • Stefan Baumgärtner
      Pages 94-101

    3. The abandonment of classical theory

      • Stefan Baumgärtner
      Pages 102-113

    4. Neoclassical theory from partial to general equilibrium analysis

      • Stefan Baumgärtner
      Pages 114-142

    5. The role of joint production for the construction of economic theory

      • Stefan Baumgärtner
      Pages 143-153

  5. The Economics of Ambivalent Joint Production

    1. Front Matter

      Pages 155-155
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    2. The concept of joint production

      • Stefan Baumgärtner
      Pages 157-184

    3. Ambivalence of joint products

      • Stefan Baumgärtner
      Pages 185-230

    4. Joint products and irreversibility

      • Stefan Baumgärtner
      Pages 231-254

    5. Non-convexity of the production set

      • Stefan Baumgärtner
      Pages 255-289

    6. Ambivalent joint production: Putting the issues in perspective

      • Stefan Baumgärtner
      Pages 290-294

  6. Back Matter

    Pages 295-324
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Keywords

About this book

Many environmental damages are caused by substances which come into existence as undesired joint outputs in the production of desired goods. Whether an output is desired or not, however, is not an inherent property of the substance itself but depends on the context of production.
This book studies in an interdisciplinary way the role of the potential ambivalence of joint outputs for the description and analysis of dynamic economy-environment interactions and for the design of environmental policy.

Authors and Affiliations

  • Department of Economics, University of Heidelberg, Heidelberg, Germany

    Stefan Baumgärtner

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