Economists often assume that ecosystem and population dynamics are subject to convex, even linear processes. But research by ecosystem and population ecologists suggests that such processes are very often non-convex, for example a possible flip of the Gulf Stream due to fresh water intrusion from melting glaciers. This has dramatic implications for environmental and resource economics, since mistakes in management could prove more costly than imagined.
The Economics of Non-Convex Ecosystems
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Key Phrases - Statistically Improbable Phrases (SIPs):
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model ecosystems, candidate steady states, oligotrophic state, lake flips, pine biomass, upper trajectory, imperfect economies, long run optimum, imperfect economy, eutrophic state, three stationary points, genuine investment, accounting prices, stand basal area, grass production, grass biomass, resource allocation mechanism, intertemporal welfare, lower trajectory, concavity conditions, manufactured capital, stable manifold, optimal steady state, tree biomass Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Cambridge University Press, North Holland, The Economics of Non-Convex Ecosystems, Kluwer Academic Publishers, Ecological Applications, Oxford University Press, Mass of Phosphorous, Working Paper, American Naturalist, Department of Economics, Water Figure, Journal of Economic Theory, Princeton University Press, Quarterly Journal of Economics, Conservation Ecology, American Economic Review, Clarendon Press, World Bank, Academic Press, Journal of Ecology, Mathematical Biology, International Economic Review, Analysis of Insect Outbreak Systems, Dynamic Economics Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
model ecosystems, candidate steady states, oligotrophic state, lake flips, pine biomass, upper trajectory, imperfect economies, long run optimum, imperfect economy, eutrophic state, three stationary points, genuine investment, accounting prices, stand basal area, grass production, grass biomass, resource allocation mechanism, intertemporal welfare, lower trajectory, concavity conditions, manufactured capital, stable manifold, optimal steady state, tree biomass Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Cambridge University Press, North Holland, The Economics of Non-Convex Ecosystems, Kluwer Academic Publishers, Ecological Applications, Oxford University Press, Mass of Phosphorous, Working Paper, American Naturalist, Department of Economics, Water Figure, Journal of Economic Theory, Princeton University Press, Quarterly Journal of Economics, Conservation Ecology, American Economic Review, Clarendon Press, World Bank, Academic Press, Journal of Ecology, Mathematical Biology, International Economic Review, Analysis of Insect Outbreak Systems, Dynamic Economics Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Back Cover | Surprise Me!
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- Valuing Oil Spill Prevention: A Case Study of California's Central Coast by Richard T. Carson in Back Matter
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