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Ecological Economics at a Crossroads

John Gowdy () and Jon D. Erickson ()
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Jon D. Erickson: School of Natural Resources, University of Vermont, Burlington, VT 05405, USA

Rensselaer Working Papers in Economics from Rensselaer Polytechnic Institute, Department of Economics

Abstract: During the past decade theoretical and empirical advances in neoclassical economics have resulted in the virtual rejection of the two pillars of traditional welfare economics-- rational economic man and perfect competition. Surprisingly, many ecological economists are moving closer to the discredited neo-Walrasian welfare model just at the time it is being replaced within the mainstream. We call for a return to the roots of ecological economics and an engagement with current developments in mainstream theory.

New Economics Papers: this item is included in nep-env, nep-evo and nep-hpe
Date: 2004-06
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