Showing 1 - 10 of 43
We propose a new three-step model-selection framework for size distributions in empirical data. It generalizes a recent frequentist plausibility-of-fit analysis (Step 1) and combines it with a relative ranking based on the Bayesian Akaike Information Criterion (Step 2). We enhance these...
Persistent link: https://www.econbiz.de/10010614513
Achieving the goal of sustainability requires understanding and management of unprecedented and interconnected challenges. A transdisciplinary approach is a key component of sustainability science. However, there are considerable barriers to implementing transdisciplinary projects. We undertake...
Persistent link: https://www.econbiz.de/10011043549
We analyze the optimal dynamic scale and structure of a two-sector-economy, where each sector produces one consumption good and ons specific pollutant. Both pollutants accumulate at different rates to stocks which damage the natural environment. This acts as a dynamic driving force for the...
Persistent link: https://www.econbiz.de/10005526866
In the face of uncertainty, ecosystems can provide natural insurance to risk averse users of ecosystem services. We employ a conceptual ecological-economic model to analyze the allocation of (endogenous) risk and ecosystem quality by risk averse ecosystem managers who have access to financial...
Persistent link: https://www.econbiz.de/10005526867
Agro-biodiversity can provide natural insurance to risk-averse farmers by reducing the variance of crop yield, and to society at large by reducing the uncertainty in the provision of public-good ecosystem services such as e.g. CO2 storage. We analyze the choice of agro-biodiversity by...
Persistent link: https://www.econbiz.de/10005545325
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/10005545357
The ecological literature suggests that biodiversity reduces the variance of ecosystem services. Thus, conservative biodiversity management has an insurance value to risk-averse users of ecosystem services. We analyze a conceptual ecological-economic model in which such management measures...
Persistent link: https://www.econbiz.de/10005545362
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/10005545369
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/10005545371
We develop a general and unifying methodology for ecological economics 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 specific combination of...
Persistent link: https://www.econbiz.de/10005453261