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Some Further Economics of Easter Island: Adding Subsistence and Resource Conservation

Pezzey, John C.V; Anderies, John M

Description

We extend Brander-Taylor's model of development on Easter Island by adding a resource subsistence requirement to people's preferences, and a conservation incentive in the form of a revenue-neutral, ad valorem tax on resource consumption. Adding subsistence improves plausibility; makes overshoot and collapse of population more extreme, and the steady state less stable; and allows for the possibility that statue building and erection will suddenly stop, in line with the archaeological evidence....[Show more]

CollectionsANU Research Publications
Date published: 2000
Type: Working/Technical Paper
URI: http://hdl.handle.net/1885/40920
http://digitalcollections.anu.edu.au/handle/1885/40920

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