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Heterodox environmental economics: theoretical strands in search of a paradigm

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  • Marletto, Gerardo

Abstract

Heterodox environmental economics is mainly based on non-mainstream economic theories; more precisely it refers to institutional and Schumpeterian economics. Starting from these theoretical foundations, heterodox environmental economics radically differs from the mainstream approach to environmental economics and policy. Three basic concepts are at the hearth of such a different vision: resource regimes, as institutional structures established to manage natural resources; environmental appraisals, as “value articulating” institutions conditioned by the incommensurability of conflicting values; transitions, as dynamic processes that are needed to unlock existing “socio-technical” systems. But a stable community of researchers defining themselves as ‘evolutionary/institutional environmental economists’ still does not exist. Time will tell if existing connections between some research groups will generate the social core of a nascent paradigm.

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  • Marletto, Gerardo, 2009. "Heterodox environmental economics: theoretical strands in search of a paradigm," MPRA Paper 19933, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:19933
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    Cited by:

    1. Marletto, Gerardo, 2012. "Which conceptual foundations for environmental policies? An institutional and evolutionary framework of economic change," MPRA Paper 36441, University Library of Munich, Germany.
    2. Gerardo Marletto, 2012. "Which Conceptual Foundations For Environmental Policies? An Institutional And Evolutionary Framework Of Economic Change," Working Papers 0112, CREI Università degli Studi Roma Tre, revised 2012.

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    More about this item

    Keywords

    Environmental economics; Environmental policy; Institutional economics; Evolutionary theories of economic change;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;

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