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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
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
Resilience as a descriptive concept gives insight into the dynamic properties of a system. Sustainability as a normative concept captures basic ideas of inter- and intragenerational justice. In this paper we specify the relationship between resilience and sustainable development. Based on an...
Persistent link: https://www.econbiz.de/10003921511
Persistent link: https://www.econbiz.de/10009270016
Resilience as a descriptive concept gives insight into the dynamic properties of an ecological-economic system. Sustainability as a normative concept captures basic ideas of intergenerational justice when human well-being depends on natural capital and services. Thus, resilience and...
Persistent link: https://www.econbiz.de/10014203180
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/10014203826
Persistent link: https://www.econbiz.de/10003333081
environment. This acts as a dynamic driving force for the economy. Our analysis shows that along the optimal time path (i) the … environmental policies in a multi-pollution economy. We suggest a system of dynamic Pigouvian emission taxes, each of which should …
Persistent link: https://www.econbiz.de/10003824454
environment. This acts as a dynamic driving force for the economy. Our analysis shows that along the optimal time-path (i) the … of environmental policies.- Ökonomie <Begriff> , Ökologie , Emission , Wertpapieremission, dynamic economy-environment … interaction , multi-pollutant emissions , non-monotonic control , optimal scale , stock pollution …
Persistent link: https://www.econbiz.de/10003496922
Persistent link: https://www.econbiz.de/10003245390