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    3. The Economics of Non-Convex Ecosystems (The Economics of Non-Market Goods and Resources) [Repost]

    The Economics of Non-Convex Ecosystems (The Economics of Non-Market Goods and Resources) [Repost]

    Posted By: Nice_smile)
    Date: 17 Sep 2015 12:16:39
    The Economics of Non-Convex Ecosystems (The Economics of Non-Market Goods and Resources) [Repost]

    The Economics of Non-Convex Ecosystems (The Economics of Non-Market Goods and Resources) by Partha Dasgupta
    English | Jan. 31, 2004 | ISBN: 1402018649 | 190 Pages | PDF | 2.6 MB

    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.
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