Canton of JuraThe Republic and Canton of Jura (République et canton du Jura), less formally the Canton of Jura or Canton Jura (ˈ(d)ʒʊərə , ʒyʁa),Arpitan is the newest (founded in 1979) of the 26 Swiss cantons, located in the northwestern part of Switzerland. The capital is Delémont. It shares borders with the canton of Basel-Landschaft, the canton of Bern, the canton of Neuchatel, the canton of Solothurn, and the French régions of Bourgogne-Franche-Comté and Grand Est.
Canton of LucerneThe canton of Lucerne (Kanton Luzern ˈkantɔn luˈtsɛrn Chantun Lucerna Canton de Lucerne Canton Lucerna) is a canton of Switzerland. It is located in the centre of Switzerland. The population of the canton (as of ) is . , the population included 57,268 foreigners, or about 15.8% of the total population. The cantonal capital is Lucerne. The canton of Lucerne comprises territories acquired by its capital Lucerne, either by treaty, armed occupation or purchase.
Canton of GenevaThe Canton of Geneva, officially the Republic and Canton of Geneva, is one of the 26 cantons forming the Swiss Confederation. It is composed of forty-five municipalities, and the seat of the government and parliament is in the City of Geneva. Geneva is the French-speaking westernmost canton of Switzerland. It lies at the western end of Lake Geneva and on both sides of the Rhone, its main river. Within the country, the canton shares borders with Vaud to the east, the only adjacent canton.
MarginalismMarginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility. It states that the reason why the price of diamonds is higher than that of water, for example, owes to the greater additional satisfaction of the diamonds over the water. Thus, while the water has greater total utility, the diamond has greater marginal utility.
Water scarcityWater scarcity (closely related to water stress or water crisis) is the lack of fresh water resources to meet the standard water demand. There are two types of water scarcity namely physical and economic water scarcity. Physical water scarcity is where there is not enough water to meet all demands, including that needed for ecosystems to function. Arid areas for example Central and West Asia, and North Africa often experience physical water scarcity.
Ordinal utilityIn economics, an ordinal utility function is a function representing the preferences of an agent on an ordinal scale. Ordinal utility theory claims that it is only meaningful to ask which option is better than the other, but it is meaningless to ask how much better it is or how good it is. All of the theory of consumer decision-making under conditions of certainty can be, and typically is, expressed in terms of ordinal utility. For example, suppose George tells us that "I prefer A to B and B to C".
SustainabilitySustainability is a social goal for people to co-exist on Earth over a long time. Specific definitions of this term are disputed and have varied with literature, context, and time. Experts often describe sustainability as having three dimensions (or pillars): environmental, economic, and social, and many publications emphasize the environmental dimension. In everyday use, sustainability often focuses on countering major environmental problems, including climate change, loss of biodiversity, loss of ecosystem services, land degradation, and air and water pollution.
UtilityAs a topic of economics, utility is used to model worth or value. Its usage has evolved significantly over time. The term was introduced initially as a measure of pleasure or happiness as part of the theory of utilitarianism by moral philosophers such as Jeremy Bentham and John Stuart Mill. The term has been adapted and reapplied within neoclassical economics, which dominates modern economic theory, as a utility function that represents a consumer's ordinal preferences over a choice set, but is not necessarily comparable across consumers or possessing a cardinal interpretation.
Canton of FribourgThe canton of Fribourg, also canton of Freiburg (Canton de Fribourg kɑ̃tɔ̃ d(ə) fʁibuʁ; Kanton Freiburg ˈfraɪbʊrɡ; Canton de Fribôrg cɛ̃ˈtɔ̃ də fʁiˈbwa Chantun Friburg Canton Friburgo) is located in western Switzerland. The canton is bilingual, with French spoken by more than two thirds of the citizens and German by a little more than a quarter. Both are official languages in the canton. The canton takes its name from its capital city of Fribourg. On the shores of Lake Neuchâtel and Lake Morat significant traces of prehistoric settlements have been unearthed.
Environmental economicsEnvironmental economics is a sub-field of economics concerned with environmental issues. It has become a widely studied subject due to growing environmental concerns in the twenty-first century. Environmental economics "undertakes theoretical or empirical studies of the economic effects of national or local environmental policies around the world. ... Particular issues include the costs and benefits of alternative environmental policies to deal with air pollution, water quality, toxic substances, solid waste, and global warming.
