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...

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...

Ecological Economics inherently faces a challenge akin to sailing between Scylla and Charybdis. In Greek mythology these are two monsters located on opposite sides of a narrow strait, and falling victim to one or other of them is unavoidable. In the recurring process of establishing and refining...

This book presents interdisciplinary approaches towards achieving regional sustainability. The relevance of interdisciplinary research and its consequences for economic research into the environment are elaborated, and new approaches are developed to integrate knowledge from ecological and...

This book presents interdisciplinary approaches towards achieving regional sustainability. The relevance of interdisciplinary research and its consequences for economic research into the environment are elaborated, and new approaches are developed to integrate knowledge from ecological and...