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The Economics Of Non-convex Ecosystems
. Ed(S): Dasgupta, Partha; Maler, Karl-Goran
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Description for The Economics Of Non-convex Ecosystems
Hardback. 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 title deals with this topic. Editor(s): Dasgupta, Partha; Maler, Karl-Goran. Series: The Economics of Non-Market Goods and Resources. Num Pages: 196 pages, biography. BIC Classification: KCN. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 12. Weight in Grams: 454.
Economists all too often assume that ecosystem and population dynamics are subject to convex (even linear) processes. However, research by ecosystem and population ecologists has shown that the processes in question are very often non-convex. This has important implications for environmental and resource economics. Typically, a system under study or being managed would contain multiple basins of attraction. So the system would flip from one basin to another if a "threshold" (mathematically, a bifurcation) were crossed. Furthermore, the flip could be irreversible. But even if it were reversible, the system could well display hysteresis. The latter eventuality means that in ... Read more
Economists all too often assume that ecosystem and population dynamics are subject to convex (even linear) processes. However, research by ecosystem and population ecologists has shown that the processes in question are very often non-convex. This has important implications for environmental and resource economics. Typically, a system under study or being managed would contain multiple basins of attraction. So the system would flip from one basin to another if a "threshold" (mathematically, a bifurcation) were crossed. Furthermore, the flip could be irreversible. But even if it were reversible, the system could well display hysteresis. The latter eventuality means that in ... Read more
Product Details
Format
Hardback
Publication date
2004
Publisher
Springer-Verlag New York Inc. United States
Number of pages
196
Condition
New
Series
The Economics of Non-Market Goods and Resources
Number of Pages
190
Place of Publication
New York, NY, United States
ISBN
9781402019456
SKU
V9781402019456
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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