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I develop a quantitative measure of a manager's responsibility for a regime shift in a managed ecosystem with stochastic dynamics. I build on the well-established concept of responsibility, which I operationalize in a simple generic model. Causal responsibility is the degree of causation of an...
Persistent link: https://www.econbiz.de/10013242292
We develop a comprehensive multi-level approach to ecological economics (CML-approach) which integrates philosophical considerations on the foundations of ecological economics with an adequate operationalization. We argue that the subject matter and aims of ecological economics require a...
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We develop a comprehensive multi-level approach to ecological economics (CML-approach) which integrates philosophical considerations on the foundations of ecological economics with an adequate operationalization. We argue that the subject matter and aims of ecological economics require a...
Persistent link: https://www.econbiz.de/10003648399
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Studying the sustainable use of ecosystem services under uncertainty requires the consideration of the stochastic dynamics of the system under study, risk and time preferences, risk management strategies and normative views pertaining to sustainability. To gather this information for an...
Persistent link: https://www.econbiz.de/10003879608
While economists have been contributing to the discussion of various aspects of sustainability for decades, it is just recently that the term "sustainability economics" was used explicitly in the ecological, environmental, and resource economics community. Yet, the contributions that use the...
Persistent link: https://www.econbiz.de/10003879656