The Economics of Non-Convex Ecosystems by Partha Dasgupta (English) Hardcover Bo

Description: The Economics of Non-Convex Ecosystems by Partha Dasgupta, Karl-Göran Mäler Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description So the system would flip from one basin to another if a "threshold" (mathematically, a bifurcation) were crossed. The latter eventuality means that in order to entice the system to return to its original basin of attraction, a different and possibly costly path has to be traced. Publisher Description 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 order to entice the system to return to its original basin of attraction, a different and possibly costly path has to be traced. A mistake in management may then be a lot more costly than envisaged. An example would be a possible flip of the Gulf Stream owing to fresh water intrusion from melting glaciers during global warming. These conclusions offer a sharper interpretation of the so-called precautionary principle. Moreover, the structure of optimum taxes and subsidies that Nature calls for is likely to be far m Author Biography Partha Dasgupta is the Frank Ramsey Professor of Economics at the University of Cambridge as well as a University Fellow at Resources for the Future. He is the author of "An Inquiry into Well-Being and Destitution". Details ISBN 1402019459 ISBN-13 9781402019456 Title The Economics of Non-Convex Ecosystems Author Partha Dasgupta, Karl-Göran Mäler Format Hardcover Year 2004 Pages 190 Edition 2004th Publisher Springer-Verlag New York Inc. GE_Item_ID:143834133; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

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