Systems linking people and nature, known as social-ecological systems, are increasingly understood as complex adaptive systems. Essential features of these complex adaptive systems – such as nonlinear feedbacks, strategic interactions, individual and spatial heterogeneity, and varying time...

This paper articulates and applies frameworks for examining whether consumption is excessive. We consider two criteria for the possible excessiveness (or insufficiency) of current consumption. One is an intertemporal utility-maximization criterion: actual current consumption is deemed excessive...

Resilience, in the context of earth's ecosystems, is defined as the capacity to absorb a shock, reorganize, and continue to function as before. This basic ability is often taken for granted by the global economy, and yet evidence is mounting that crucial ecosystems are in decline. Without a...

Customer demands on manufacturers and retailers are increasing relentlessly. Spurred by the Internet's “click it and get it” value proposition, a growing number of consumers and business buyers want customized products, convenient ordering, and rapid fulfillment. Delivering against these...

Malaysia’s rice sector is highly protected, with the protection justified largely by arguments for food security. The government intervenes in the rice market by providing subsidies to farmers and consumers as well as imposing high import duties. Furthermore, the rice trade is controlled...

Conventional national accounting practice emphasises depreciation as both a physical loss inproductive capital and an economic loss due to obsolescence. This emphasis is only partiallyparalleled in prescriptions for natural resource accounting, where resource depletion is typicallytreated as...

In this paper an extensive review of the theoretical and applied literature on natural resource accounting (NRA) is provided. The review begins by explaining the economic theory that underpins NRA, contrasting welfare and sustainability as policy goals, and presenting various distinct...