The simple economics of Easter Island: a Ricardo-Malthus model of renewable resource use

TitleThe simple economics of Easter Island: a Ricardo-Malthus model of renewable resource use
Publication TypeJournal Article
Year of Publication1998
AuthorsBrander JA, Taylor MS
JournalThe American Economic Review
Volume88
Pagination119-138
Source DocumentAccessible with appropriate permission
Displaying 1 - 4 of 4 records found.
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Type

Brander-Taylor Model

Model
This is the original Brander-Taylor Easter Island model. Brander and Taylor (1998) describes the model as the following: "The paper presents a general equilibrium model of renewable resource and population dynamics related to the Lotka-Volterra predator-prey model, with man as the predator and the resource base as the prey. We apply the model to the rise and fall of Easter Island, showing that plausible parameter values generate a 'feast  and famine" pattern of cyclical adjustment in...
09 Aug 2016

Brander-Taylor model and variations

Case
Brander-Taylor Easter Island Model and its variations. Brander and Taylor (1998) summarizes the background of the model as the following. Easter Island (also called Rapa Nui) is a small Pacific island over 2,000 miles (3,200 km) from the coast of Chile, with a population (as of the early 1990's) of about 2,100. For the past two centuries, Easter Island has been regarded as a major archaeological and anthropological mystery. In particular, the Polynesian civilization in place at the time of...
09 Aug 2016

Non-linear dynamics of population and natural resources: The emergence of different patterns of development

Model
This model explores the long-term dynamic interaction between the exploitation of natural resources and population growth. This is a variant of Brander and Taylor (1998). The reference article, D'Alessandro (2007), gives the following description of the model. "Two new assumptions are introduced: i) the disaggregation of the ecological complex into two different resources; ii) irreversibility —namely, an inexorable tendency to exhaustion when the renewable resource stock is below a certain...
09 Aug 2016

World-Earth System Governance

Case
This case is a focal point for 'gobal' models - i.e. modes with no particular spatial resolution.  There are many of these - any economic growth model with some sort of ecological constraint.
13 Jan 2023