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Relative and absolute scarcity of nature: Assessing the roles of economics and ecology for biodiversity conservation

Baumgärtner, Stefan; Becker, Christian; Faber, Malte; … - 2004

scarcity, and show that this is not within the scope of economics, but has been a theme of ecology and ecological economics. We …. Against this background, we discuss the roles of economics and ecology for nature conservation. We conclude that the … interdisciplinary integration of ecology and economics requires a philosophical underpinning, and suggest a framework for further …

Persistent link: https://www.econbiz.de/10011422126

Relative and absolute scarcity of nature : assessing the roles of economics and ecology for biodiversity conservation

Baumgärtner, Stefan; Becker, Christian; Faber, Malte; … - 2004

Persistent link: https://www.econbiz.de/10003245907

Quasi option value and irreversible choices

Bosetti, Valentina; Messina, E. - 2001

In this paper we are concerned with optimal investment decisions when dealing with land allocation problems. We aim to emphasise the importance of flexible modelling in order to capture irreversibility. In particular, we stretch a discrete model, firstly developed in Coggins and Ramezani...

Persistent link: https://www.econbiz.de/10011608776

Economics of technological change and the natural environment: How effective are innovations as a remedy for resource scarcity?

Bretschger, Lucas - 2004

The paper aims to substantiate the importance of endogenous innovations when evaluating the compatibility of natural resource use and economic development. It explains that technological change has the potential to compensate for natural resource scarcity, diminishing returns to capital, poor...

Persistent link: https://www.econbiz.de/10011753092

Natural resource scarcity and long-run development: central mechanisms when conditions are seemingly unfavourable

Bretschger, Lucas - 2005

Using a dynamic model with non-renewable natural resources and endogenous knowledge creation, the paper analyses economic development under conditions which are generally considered as most unfavourable. We assume poor substitution between primary input factors, positive population growth and a...

Persistent link: https://www.econbiz.de/10011753094

Environmental Economics: The 50th Anniversary of the Birth of This Field around the First Earth Day

Fullerton, Don - 2020

How was the birth of "Environmental Economics" related to the first Earth Day fifty years ago (April 22, 1970)? This short note introduces some ideas about an amazing burst of intellectual activity from 1968 to 1974. Environmental economics was not a field of economics before this brief period,...

Persistent link: https://www.econbiz.de/10012179874