Articles liés à The Economics of Non-Convex Ecosystems
Synopsis
Economists all too often assume that ecosystem and population dynamics are subject to convex (even linear) processes. However, research by ecosystem and population ecologists has shown that the processes in question are very often non-convex. This has important implications for environmental and resource economics. Typically, a system under study or being managed would contain multiple basins of attraction. So the system would flip from one basin to another if a "threshold" (mathematically, a bifurcation) were crossed. Furthermore, the flip could be irreversible. But even if it were reversible, the system could well display hysteresis. The latter eventuality means that in order to entice the system to return to its original basin of attraction, a different and possibly costly path has to be traced. A mistake in management may then be a lot more costly than envisaged. An example would be a possible flip of the Gulf Stream owing to fresh water intrusion from melting glaciers during global warming.
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The Economics of Non-Convex Ecosystems
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Springer, 2004
ISBN 10 : 1402019459
ISBN 13 : 9781402019456
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The Economics of Non-Convex Ecosystems (Hardcover)
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ISBN 13 : 9781402019456
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Hardcover. Etat : new. Hardcover. Economists all too often assume that ecosystem and population dynamics are subject to convex (even linear) processes. However, research by ecosystem and population ecologists has shown that the processes in question are very often non-convex. This has important implications for environmental and resource economics. Typically, a system under study or being managed would contain multiple basins of attraction. So the system would flip from one basin to another if a "threshold" (mathematically, a bifurcation) were crossed. Furthermore, the flip could be irreversible. But even if it were reversible, the system could well display hysteresis. The latter eventuality means that in order to entice the system to return to its original basin of attraction, a different and possibly costly path has to be traced. A mistake in management may then be a lot more costly than envisaged. An example would be a possible flip of the Gulf Stream owing to fresh water intrusion from melting glaciers during global warming. These conclusions offer a sharper interpretation of the so-called precautionary principle. Moreover, the structure of optimum taxes and subsidies that Nature calls for is likely to be far m So the system would flip from one basin to another if a "threshold" (mathematically, a bifurcation) were crossed. The latter eventuality means that in order to entice the system to return to its original basin of attraction, a different and possibly costly path has to be traced. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9781402019456
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The Economics of Non-Convex Ecosystems (The Economics of Non-Market Goods and Resources, 4)
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The Economics of Non-Convex Ecosystems
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ISBN 13 : 9781402019456
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The Economics of Non-Convex Ecosystems
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The Economics of Non-Convex Ecosystems
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Gebunden. Etat : New. Offers an up to date account of the welfare economics of nonconvex ecosystemsThe first time a group of ecologists and economists have, in a seminar like forum, helped to formulate and analyse certain key theoretical problems in the sustainable man. N° de réf. du vendeur 458473574
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The Economics of Non-Convex Ecosystems
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The Economics of Non-Convex Ecosystems
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The Economics of Non-Convex Ecosystems (The Economics of Non-Market Goods and Resources)
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The Economics of Non-Convex Ecosystems (Hardcover)
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Springer-Verlag New York Inc., New York, NY, 2004
ISBN 10 : 1402019459
ISBN 13 : 9781402019456
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Hardcover. Etat : new. Hardcover. Economists all too often assume that ecosystem and population dynamics are subject to convex (even linear) processes. However, research by ecosystem and population ecologists has shown that the processes in question are very often non-convex. This has important implications for environmental and resource economics. Typically, a system under study or being managed would contain multiple basins of attraction. So the system would flip from one basin to another if a "threshold" (mathematically, a bifurcation) were crossed. Furthermore, the flip could be irreversible. But even if it were reversible, the system could well display hysteresis. The latter eventuality means that in order to entice the system to return to its original basin of attraction, a different and possibly costly path has to be traced. A mistake in management may then be a lot more costly than envisaged. An example would be a possible flip of the Gulf Stream owing to fresh water intrusion from melting glaciers during global warming. These conclusions offer a sharper interpretation of the so-called precautionary principle. Moreover, the structure of optimum taxes and subsidies that Nature calls for is likely to be far m So the system would flip from one basin to another if a "threshold" (mathematically, a bifurcation) were crossed. The latter eventuality means that in order to entice the system to return to its original basin of attraction, a different and possibly costly path has to be traced. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. N° de réf. du vendeur 9781402019456
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