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New Zealand is facing increasing challenges in managing natural resources (land, freshwater, marine space and air quality) under pressures from domestic (population growth, agricultural intensification, cultural expectations) and international (climate change) sources. These challenges can be...
Persistent link: https://www.econbiz.de/10012115602
policy areas was considered, are clearly related to higher immediate resilience and to faster recoveries. The results suggest …
Persistent link: https://www.econbiz.de/10010279661
This paper is concerned with the theory of resilience pricing and sustainability measurement in the presence of risk … for regime shift in a dynamic economy-environment system. Following Holling (1973),we consider resilience as the maximal … under uncertainty, we derive the shadow price of resilience that affects the probabilities of the system to flip in the …
Persistent link: https://www.econbiz.de/10010321419