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We perform a model analysis to study the origins of limited resilience in coupled ecological-economic systems. We demonstrate that under open access to ecosystems for profit-maximizing harvesting forms, the resilience properties of the system are essentially determined by consumer preferences...
Persistent link: https://www.econbiz.de/10014211940
Resilience as a descriptive concept gives insight into the dynamic properties of a system. Sustainability as a normative concept captures basic ideas of inter- and intragenerational justice. In this paper we specify the relationship between resilience and sustainable development. Based on an...
Persistent link: https://www.econbiz.de/10003921511
Persistent link: https://www.econbiz.de/10009270016
We perform a model analysis to study the origins of limited resilience in ecological-economic systems. We demonstrate that the resilience properties of the ecosystem are essentially determined by the management institutions and consumers' preferences for ecosystem services. In particular, we...
Persistent link: https://www.econbiz.de/10003793404
Resilience as a descriptive concept gives insight into the dynamic properties of an ecological-economic system. Sustainability as a normative concept captures basic ideas of intergenerational justice when human well-being depends on natural capital and services. Thus, resilience and...
Persistent link: https://www.econbiz.de/10014203180
Persistent link: https://www.econbiz.de/10009709505
We empirically study personal norms of sustainability, conceptualized according to the norm-activation theory and operationalized under the notion of strong ecological-economic sustainability. Our case study is commercial cattle farming in semi-arid rangelands of Namibia, a system that is...
Persistent link: https://www.econbiz.de/10014179166
We study risk preferences and their determinants for commercial cattle farmers in Namibia who are subject to high precipitation risk that is heterogeneous across farms. We use data on risk preferences from questionnaire and field experiments, simulated data for on-farm precipitation risk and...
Persistent link: https://www.econbiz.de/10014179170
Rain-index insurance is strongly advocated in many parts of the developing world to help farmers coping with climatic risk that prevails in (semi-)arid rangelands due to low and highly uncertain rainfall. We present a modeling analysis of how the availability of rain-index insurance affects the...
Persistent link: https://www.econbiz.de/10014201337
Studying the sustainable use of ecosystem services under uncertainty requires the consideration of the stochastic dynamics of the system under study, risk and time preferences, risk management strategies and normative views pertaining to sustainability. To gather this information for an...
Persistent link: https://www.econbiz.de/10014203826