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Titlebook: The Economics of Non-Convex Ecosystems; Partha Dasgupta,Karl-Göran Mäler Conference proceedings 2004 Springer Science+Business Media B.V.

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书目名称The Economics of Non-Convex Ecosystems
编辑Partha Dasgupta,Karl-Göran Mäler
视频video
概述Offers an up to date account of the welfare economics of nonconvex ecosystems.The first time a group of ecologists and economists have, in a seminar like forum, helped to formulate and analyse certain
丛书名称The Economics of Non-Market Goods and Resources
图书封面Titlebook: The Economics of Non-Convex Ecosystems;  Partha Dasgupta,Karl-Göran Mäler Conference proceedings 2004 Springer Science+Business Media B.V.
描述Economists all too often assume that ecosystem and population dynamics are subject to convex (even linear) processes. However, research by ecosystem and population ecologists has shown that the processes in question are very often non-convex. This has important implications for environmental and resource economics. Typically, a system under study or being managed would contain multiple basins of attraction. So the system would flip from one basin to another if a "threshold" (mathematically, a bifurcation) were crossed. Furthermore, the flip could be irreversible. But even if it were reversible, the system could well display hysteresis. The latter eventuality means that in order to entice the system to return to its original basin of attraction, a different and possibly costly path has to be traced. A mistake in management may then be a lot more costly than envisaged. An example would be a possible flip of the Gulf Stream owing to fresh water intrusion from melting glaciers during global warming.
出版日期Conference proceedings 2004
关键词Sustainable Development; accounting prices; development; ecosystem; imperfect economies; irreversibility;
版次1
doihttps://doi.org/10.1007/1-4020-2515-7
isbn_softcover978-1-4020-1864-0
isbn_ebook978-1-4020-2515-0Series ISSN 1571-487X
issn_series 1571-487X
copyrightSpringer Science+Business Media B.V. 2004
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