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We develop a comprehensive multi-level approach to ecological economics (CML-approach) which integrates philosophical considerations on the foundations of ecological economics with an adequate operationalization. We argue that the subject matter and aims of ecological economics require a...
Persistent link: https://www.econbiz.de/10010265168
Strong sustainability, according to the common definition, requires that different natural and economic capital stocks have to be maintained as physical quantities separately. Yet, in a world of uncertainty this cannot be guaranteed. To therefore define strong sustainability under uncertainty in...
Persistent link: https://www.econbiz.de/10010265172
While economists have been contributing to the discussion of various aspects of sustainability for decades, it is just recently that the term sustainability economics was used explicitly in the ecological, environmental, and resource economics community. Yet, the contributions that use the term...
Persistent link: https://www.econbiz.de/10010265935
We analyze a dynamic and stochastic ecological-economic model of grazing management in semi-arid range lands. The non-equilibrium ecosystem is driven by stochastic precipitation. A risk averse farmer chooses a grazing management strategy under uncertainty such as to maximize expected utility...
Persistent link: https://www.econbiz.de/10011422121
Commercial cattle farming in Namibia, a prime example of livestock farming in semi-arid rangelands, is subject to a variety of risks, predominant among which is precipitation risk. At the same time it suffers from rangeland degradation that is at least partly due to inadequate management. We...
Persistent link: https://www.econbiz.de/10010294486
We develop a comprehensive multi-level approach to ecological economics (CML-approach) which integrates philosophical considerations on the foundations of ecological economics with an adequate operationalization. We argue that the subject matter and aims of ecological economics require a...
Persistent link: https://www.econbiz.de/10010304363
We develop and formalize a utilitarian notion of responsibility for sustainability which is inspired by Singer's (1972) principle and the Brundtland Commission's notion ofsustainability (WCED 1987). We relate this notion of responsibility to established criteria forthe assessment of...
Persistent link: https://www.econbiz.de/10010281771
We empirically study personal norms of sustainability, conceptualized according to the normactivation theory and operationalized under the notion of strong ecological-economic sustainability, for commercial cattle farmers in semi-arid rangelands of Namibia, a system that is subject to extensive...
Persistent link: https://www.econbiz.de/10010286600
We clarify the definition and interpretation of 'sustainability economics' (Baumgärtner and Quaas 2010) in response to recent comments by van den Bergh (2010), Bartelmus (2010) and others. For that sake, we distinguish between general and specific definitions of sustainability and...
Persistent link: https://www.econbiz.de/10010286614
Persistent link: https://www.econbiz.de/10011760205