This paper examines implications of limits to substitution for estimating substitutability between ecosystem services and manufactured goods and for social discounting. Based on a model that accounts for a subsistence requirement in the consumption of ecosystem services, we provide empirical...

We perform a model analysis to study the origins of limited resilience in ecological-economic systems. We demonstrate that the resilience properties of the ecosystem are essentially determined by the management institutions and consumers' preferences for ecosystem services. In particular, we...

An ecosystem assessment is a social process through which the findings of science concerning the causes of ecosystem change, their consequences for human well-bring, and the management and policy options are evaluated. Ecosystem assessments can play an important role in synthesising and...

The paper critically examines the status of the sustainability discourse and sustainability politics against the backdrop of considerations about the meaning of justice in the context of sustainability. We argue that the preservation of the natural basis of life is by itself a requirement of...

Within the Era-NET Core Organic - ALL project (Agroecology Living Labs to promote robust and resilient Organic production systems) in the period 2021-2022 in Murfatlar, an innovative system of ecological cultivation of grapevines was experimented, aiming to by increasing the biodiversity of the...

Human beings' domination of the planet has not been kind to many species worldwide. This is to be expected. Humans have radically altered natural landscapes, harvested heavily from the ocean, and altered the climate in an unprecedented way. Recent concerns over the extent and rate of...

This paper introduces an incentive incompatibility problem that causes dramatic damage to delicate ecosystems. The aim is to rethink policies that facilitate the introduction of aggressive solid waste in markets with an imperfect infrastructure and in the absence of a secondary market for the...

This paper examines implications of limits to substitution for estimating substitutability between ecosystem services and manufactured goods and for social discounting. Based on a model that accounts for a subsistence requirement in the consumption of ecosystem services, we provide empirical...

The natural capital concept is generating broad interest that extends well beyond economists. Economics has a long history of applying capital theory to natural resources. However, measurement of the value of ecosystems has mostly focused on income flows rather than valuing stocks of natural...

Entropy cannot be used as a measure of economic scarcity and references to the second law of thermodynamics in economics within this context ignore the fact that the earth is a closed but not adiabatic system. The earth interacts with external sources and sinks of entropy and the resulting...