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Dynamic and Stochastic Analysis of Environmental and Natural Resources

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Abstract

Uncertainty affects the dynamic trade-offs of environmental and natural resource management in a variety of ways and forms. The uncertain responses to anthropogenic activities may be due to genuine stochastic processes that drive the evolution of the underlying natural systems or simply due to our poor understanding of these complex systems and their interactions with the exploitation policies. These interactions are of particular importance when the ecosystem response might involve irreversibility, so that unexpected undesirable outcomes cannot be undone after they are realized. In this chapter, we review the various sources of uncertainty, the methodologies developed to account for them, and the implications regarding the management of environmental and natural resources.

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Author information

Authors and Affiliations

  1. Department of Environmental Economics and Management, The Hebrew University of Jerusalem, Rehovot, Israel

    Yacov Tsur

  2. Department of Solar Energy and Environmental Physics, Jacob Blaustein Institutes for Desert Research, Ben Gurion University of the Negev, Beersheba, Israel

    Amos Zemel

Authors
  1. Yacov Tsur
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  2. Amos Zemel
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Correspondence to Yacov Tsur .

Editor information

Editors and Affiliations

  1. Institute for Economic Geography and GIScience, Vienna University of Economics and Business, Vienna, Austria

    Manfred M. Fischer

  2. and Business Administration Department of Spatial Economics, Free University Faculty of Economics, Amsterdam, The Netherlands

    Peter Nijkamp

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Tsur, Y., Zemel, A. (2018). Dynamic and Stochastic Analysis of Environmental and Natural Resources. In: Fischer, M., Nijkamp, P. (eds) Handbook of Regional Science. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-36203-3_51-1

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  • DOI: https://doi.org/10.1007/978-3-642-36203-3_51-1

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-36203-3

  • Online ISBN: 978-3-642-36203-3

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