Resilience in Ecology and Belief

Ram Ranjan

No 5999, 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper explores the crucial linkage between societal risk perception and the survival of threatened ecosystems exhibiting non-linear stock dynamics. Formation of beliefs over specie’s importance and over its survival chances may be subject to resilience and therefore may differ from actual risks. Whereas, ecosystems stand a higher chance of survival if they aren’t stressed beyond their resilience thresholds. When subjective perception of risks and the affected ecosystems are both influenced by competing uses of resources, several equilibriums arise, not all of which may ensure sustainability of the ecosystem.

Keywords: Environmental Economics and Policy; Resource/Energy Economics and Policy; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 36
Date: 2008
New Economics Papers: this item is included in nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea08:5999

DOI: 10.22004/ag.econ.5999

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