MÄLER, KARL-GÖRAN; LI, CHUAN-ZHONG - In: Environment and Development Economics 15 (2010) 06, pp. 707-719
This paper is concerned with the theory of resilience pricing and sustainability measurement in the presence of risk for regime shift in a dynamic economy–environment system. Following Holling (<italic>Annual Review of Ecology and Systematics</italic>, vol. 4, 1973, pp. 1–23), we consider resilience as the...