The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Ecological Economics

  • Anastasios Xepapadeas
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_2141

Abstract

Ecological economics is the study of the interactions and co-evolution in time and space of human economies and the ecosystems in which human economies are embedded. It uncovers the links and feedbacks between human economies and ecosystems, and so provides a unified picture of ecology and economy. The link between ecology and human economies has been manifested in the development of resource management or bio-economic models, in which the main focus has been on fishery or forestry management where the impact of humans on ecosystems is realized through harvesting. More closed links have been developed, however, as both disciplines evolve.

Keywords

Adiabatic parameter Biodiversity Bio-economics Boulding, K. Diffusion Eecological economics Ecology Ecosystems Externalities Fisher–Kolmogorov equation Intrinsic growth rate Kolmogorov model Logistic function Lotka, A. Nash equilibrium Optimality behaviour Predator–prey models Random walk models Red Queen hypothesis Spatial economics Tragedy of the commons Turing mechanism Volterra, V 

JEL Classifications

B5 Q2 
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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Anastasios Xepapadeas
    • 1
  1. 1.