This essay develops the "concept of stocks" – a conceptual notion designed to enable a clearer understanding of the interaction between the dynamics of ecosystems and the economy. The notion of stocks is formulated in a general manner based on set theory. The central attribute of a stock is...

This book analyzes environmental protection and resource use in a comprehensive framework where not only economic but also natural scientific aspects are taken into consideration. The special features of the book are (i) that the authors utilize a natural scientific variable, entropy, to...