Profit fluctuations signal eroding resilience of natural resources
Author
Abstract
Suggested Citation
DOI: 10.1016/j.ecolecon.2015.05.013
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Bulte, Erwin H. & van Kooten, G. Cornelis, 2001. "Harvesting and conserving a species when numbers are low: population viability and gambler's ruin in bioeconomic models," Ecological Economics, Elsevier, vol. 37(1), pages 87-100, April.
- Levin, Simon & Xepapadeas, Tasos & Crépin, Anne-Sophie & Norberg, Jon & de Zeeuw, Aart & Folke, Carl & Hughes, Terry & Arrow, Kenneth & Barrett, Scott & Daily, Gretchen & Ehrlich, Paul & Kautsky, Nils, 2013. "Social-ecological systems as complex adaptive systems: modeling and policy implications," Environment and Development Economics, Cambridge University Press, vol. 18(2), pages 111-132, April.
- Jentoft, Svein & McCay, Bonnie, 1995. "User participation in fisheries management: lessons drawn from international experiences," Marine Policy, Elsevier, vol. 19(3), pages 227-246, May.
- Bates, David S, 1991. "The Crash of '87: Was It Expected? The Evidence from Options Markets," Journal of Finance, American Finance Association, vol. 46(3), pages 1009-1044, July.
- Vasilis Dakos & Stephen R Carpenter & William A Brock & Aaron M Ellison & Vishwesha Guttal & Anthony R Ives & Sonia Kéfi & Valerie Livina & David A Seekell & Egbert H van Nes & Marten Scheffer, 2012. "Methods for Detecting Early Warnings of Critical Transitions in Time Series Illustrated Using Simulated Ecological Data," PLOS ONE, Public Library of Science, vol. 7(7), pages 1-20, July.
- Quaas, Martin F. & van Soest, Daan & Baumgärtner, Stefan, 2013.
"Complementarity, impatience, and the resilience of natural-resource-dependent economies,"
Journal of Environmental Economics and Management, Elsevier, vol. 66(1), pages 15-32.
- Martin F. Quaas & Daan van Soest & Stefan Baumgaertner, 2011. "Complementarity, impatience, and the resilience of natural-resource-dependent economies," Working Paper Series in Economics 220, University of Lüneburg, Institute of Economics.
- Johan Rockström & Will Steffen & Kevin Noone & Åsa Persson & F. Stuart Chapin & Eric F. Lambin & Timothy M. Lenton & Marten Scheffer & Carl Folke & Hans Joachim Schellnhuber & Björn Nykvist & Cynthia , 2009. "A safe operating space for humanity," Nature, Nature, vol. 461(7263), pages 472-475, September.
- Richter, Andries & Grasman, Johan, 2013.
"The transmission of sustainable harvesting norms when agents are conditionally cooperative,"
Ecological Economics, Elsevier, vol. 93(C), pages 202-209.
- Richter, Andries & Grasman, Johan, 2013. "The Transmission of Sustainable Harvesting Norms When Agents Are Conditionally Cooperative," Economy and Society 158733, Fondazione Eni Enrico Mattei (FEEM).
- Andries Richter & Johan Grasman, 2013. "The Transmission of Sustainable Harvesting Norms When Agents Are Conditionally Cooperative," Working Papers 2013.80, Fondazione Eni Enrico Mattei.
- Rögnvaldur Hannesson & Kjell G. Salvanes & Dale Squires, 2010. "Technological Change and the Tragedy of the Commons: The Lofoten Fishery over 130 Years," Land Economics, University of Wisconsin Press, vol. 86(4), pages 746-765.
- Azar, Ofer H., 2007.
"Relative thinking theory,"
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 36(1), pages 1-14, February.
- Ofer H. Azar, 2005. "Relative Thinking Theory," Microeconomics 0504002, University Library of Munich, Germany.
- John M. Drake & Blaine D. Griffen, 2010. "Early warning signals of extinction in deteriorating environments," Nature, Nature, vol. 467(7314), pages 456-459, September.
- M. Scott Taylor, 2011.
"Buffalo Hunt: International Trade and the Virtual Extinction of the North American Bison,"
American Economic Review, American Economic Association, vol. 101(7), pages 3162-3195, December.
- M. Scott Taylor, 2007. "Buffalo Hunt: International Trade and the Virtual Extinction of the North American Bison," NBER Working Papers 12969, National Bureau of Economic Research, Inc.
- Bulte Erwin & Horan Richard D., 2010. "Identities in the Commons: The Dynamics of Norms and Social Capital," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-35, February.
- Steven J. Lade & Alessandro Tavoni & Simon A. Levin & Maja Schl�ter, 2013. "Regime shifts in a social-ecological system," GRI Working Papers 105, Grantham Research Institute on Climate Change and the Environment.
- Annelies J. Veraart & Elisabeth J. Faassen & Vasilis Dakos & Egbert H. van Nes & Miquel Lürling & Marten Scheffer, 2012. "Correction: Corrigendum: Recovery rates reflect distance to a tipping point in a living system," Nature, Nature, vol. 484(7394), pages 404-404, April.
- Martin F. Quaas & Till Requate, 2013.
"Sushi or Fish Fingers? Seafood Diversity, Collapsing Fish Stocks, and Multispecies Fishery Management,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 115(2), pages 381-422, April.
- Quaas, Martin F. & Requate, Till, 2012. "Sushi or fish fingers? Seafood diversity, collapsing fish stocks, and multi-species fishery management," Economics Working Papers 2012-03, Christian-Albrechts-University of Kiel, Department of Economics.
- Robert S. Pindyck, 1984. "Uncertainty in the Theory of Renewable Resource Markets," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(2), pages 289-303.
- Daniel Pauly & Ray Hilborn & Trevor A. Branch, 2013. "Fisheries: Does catch reflect abundance?," Nature, Nature, vol. 494(7437), pages 303-306, February.
- Iwasa, Yoh & Uchida, Tomoe & Yokomizo, Hiroyuki, 2007. "Nonlinear behavior of the socio-economic dynamics for lake eutrophication control," Ecological Economics, Elsevier, vol. 63(1), pages 219-229, June.
- Richter, Andries & van Soest, Daan & Grasman, Johan, 2013.
"Contagious cooperation, temptation, and ecosystem collapse,"
Journal of Environmental Economics and Management, Elsevier, vol. 66(1), pages 141-158.
- Richter, Andries & Soest, Daan van & Grasman, Johan, 2013. "Contagious Cooperation, Temptation, and Ecosystem Collapse," Climate Change and Sustainable Development 148927, Fondazione Eni Enrico Mattei (FEEM).
- Andries Richter & Daan van Soest & Johan Grasman, 2013. "Contagious Cooperation, Temptation, and Ecosystem Collapse," Working Papers 2013.36, Fondazione Eni Enrico Mattei.
- Sethi, Rajiv & Somanathan, E, 1996. "The Evolution of Social Norms in Common Property Resource Use," American Economic Review, American Economic Association, vol. 86(4), pages 766-788, September.
- Basurto, Xavier & Coleman, Eric, 2010. "Institutional and ecological interplay for successful self-governance of community-based fisheries," Ecological Economics, Elsevier, vol. 69(5), pages 1094-1103, March.
- Daniel Pauly & Villy Christensen & Sylvie Guénette & Tony J. Pitcher & U. Rashid Sumaila & Carl J. Walters & R. Watson & Dirk Zeller, 2002. "Towards sustainability in world fisheries," Nature, Nature, vol. 418(6898), pages 689-695, August.
- James J Elser & Timothy J Elser & Stephen R Carpenter & William A Brock, 2014. "Regime Shift in Fertilizer Commodities Indicates More Turbulence Ahead for Food Security," PLOS ONE, Public Library of Science, vol. 9(5), pages 1-7, May.
- Nicolás L. Gutiérrez & Ray Hilborn & Omar Defeo, 2011. "Leadership, social capital and incentives promote successful fisheries," Nature, Nature, vol. 470(7334), pages 386-389, February.
- Marten Scheffer & Jordi Bascompte & William A. Brock & Victor Brovkin & Stephen R. Carpenter & Vasilis Dakos & Hermann Held & Egbert H. van Nes & Max Rietkerk & George Sugihara, 2009. "Early-warning signals for critical transitions," Nature, Nature, vol. 461(7260), pages 53-59, September.
- Annelies J. Veraart & Elisabeth J. Faassen & Vasilis Dakos & Egbert H. van Nes & Miquel Lürling & Marten Scheffer, 2012. "Recovery rates reflect distance to a tipping point in a living system," Nature, Nature, vol. 481(7381), pages 357-359, January.
- Richard Cudney-Bueno & Xavier Basurto, 2009. "Lack of Cross-Scale Linkages Reduces Robustness of Community-Based Fisheries Management," PLOS ONE, Public Library of Science, vol. 4(7), pages 1-8, July.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Mirza, M. Usman & Richter, Andries & van Nes, Egbert H. & Scheffer, Marten, 2019. "Technology driven inequality leads to poverty and resource depletion," Ecological Economics, Elsevier, vol. 160(C), pages 215-226.
- Schaap, Robbert & Richter, Andries, 2019. "Overcapitalization and social norms of cooperation in a small-scale fishery," Ecological Economics, Elsevier, vol. 166(C), pages 1-1.
- Thampi, Vivek A. & Bauch, Chris T. & Anand, Madhur, 2019. "Socio-ecological mechanisms for persistence of native Australian grasses under pressure from nitrogen runoff and invasive species," Ecological Modelling, Elsevier, vol. 413(C).
- Wang, Chao & Feng, Tian-jiao & Gao, Yan & Tao, Yi & Li, Cong, 2023. "Evolutionary stability in an eco-evolutionary game dynamics with density dependence," Chaos, Solitons & Fractals, Elsevier, vol. 168(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Schaap, Robbert & Richter, Andries, 2019. "Overcapitalization and social norms of cooperation in a small-scale fishery," Ecological Economics, Elsevier, vol. 166(C), pages 1-1.
- Richter, Andries & Grasman, Johan, 2013.
"The transmission of sustainable harvesting norms when agents are conditionally cooperative,"
Ecological Economics, Elsevier, vol. 93(C), pages 202-209.
- Andries Richter & Johan Grasman, 2013. "The Transmission of Sustainable Harvesting Norms When Agents Are Conditionally Cooperative," Working Papers 2013.80, Fondazione Eni Enrico Mattei.
- Richter, Andries & Grasman, Johan, 2013. "The Transmission of Sustainable Harvesting Norms When Agents Are Conditionally Cooperative," Economy and Society 158733, Fondazione Eni Enrico Mattei (FEEM).
- William A Brock & Stephen R Carpenter, 2012. "Early Warnings of Regime Shift When the Ecosystem Structure Is Unknown," PLOS ONE, Public Library of Science, vol. 7(9), pages 1-10, September.
- Tatiana Baumuratova & Simona Dobre & Thierry Bastogne & Thomas Sauter, 2013. "Switch of Sensitivity Dynamics Revealed with DyGloSA Toolbox for Dynamical Global Sensitivity Analysis as an Early Warning for System's Critical Transition," PLOS ONE, Public Library of Science, vol. 8(12), pages 1-12, December.
- Ryan D Batt & Tarsha Eason & Ahjond Garmestani, 2019. "Time scale of resilience loss: Implications for managing critical transitions in water quality," PLOS ONE, Public Library of Science, vol. 14(10), pages 1-19, October.
- Navid Moghadam, Nastaran & Nazarimehr, Fahimeh & Jafari, Sajad & Sprott, Julien C., 2020. "Studying the performance of critical slowing down indicators in a biological system with a period-doubling route to chaos," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 544(C).
- Christian Meisel & Andreas Klaus & Christian Kuehn & Dietmar Plenz, 2015. "Critical Slowing Down Governs the Transition to Neuron Spiking," PLOS Computational Biology, Public Library of Science, vol. 11(2), pages 1-20, February.
- Maarten C Boerlijst & Thomas Oudman & André M de Roos, 2013. "Catastrophic Collapse Can Occur without Early Warning: Examples of Silent Catastrophes in Structured Ecological Models," PLOS ONE, Public Library of Science, vol. 8(4), pages 1-6, April.
- Xing, Kai & Yang, Xiaoguang, 2020. "Predicting default rates by capturing critical transitions in the macroeconomic system," Finance Research Letters, Elsevier, vol. 32(C).
- Winkelmann, Ricarda & Donges, Jonathan F. & Smith, E. Keith & Milkoreit, Manjana & Eder, Christina & Heitzig, Jobst & Katsanidou, Alexia & Wiedermann, Marc & Wunderling, Nico & Lenton, Timothy M., 2022. "Social tipping processes towards climate action: A conceptual framework," Ecological Economics, Elsevier, vol. 192(C).
- Yang, Anji & Wang, Hao & Yuan, Sanling, 2023. "Tipping time in a stochastic Leslie predator–prey model," Chaos, Solitons & Fractals, Elsevier, vol. 171(C).
- Richter, Andries & van Soest, Daan & Grasman, Johan, 2013.
"Contagious cooperation, temptation, and ecosystem collapse,"
Journal of Environmental Economics and Management, Elsevier, vol. 66(1), pages 141-158.
- Andries Richter & Daan van Soest & Johan Grasman, 2013. "Contagious Cooperation, Temptation, and Ecosystem Collapse," Working Papers 2013.36, Fondazione Eni Enrico Mattei.
- Richter, Andries & Soest, Daan van & Grasman, Johan, 2013. "Contagious Cooperation, Temptation, and Ecosystem Collapse," Climate Change and Sustainable Development 148927, Fondazione Eni Enrico Mattei (FEEM).
- Dube, Isha & Quaas, Martin, 2024. "Love of variety and the welfare effects of trade in renewable resources," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
- Lee, Joung Hun & Kakinuma, Kaoru & Okuro, Toshiya & Iwasa, Yoh, 2015. "Coupled social and ecological dynamics of herders in Mongolian rangelands," Ecological Economics, Elsevier, vol. 114(C), pages 208-217.
- Brewer, T.D. & Moon, K., 2015. "Towards a functional typology of small-scale fisheries co-management informed by stakeholder perceptions: A coral reef case study," Marine Policy, Elsevier, vol. 51(C), pages 48-56.
- Finkbeiner, Elena M. & Basurto, Xavier, 2015. "Re-defining co-management to facilitate small-scale fisheries reform: An illustration from northwest Mexico," Marine Policy, Elsevier, vol. 51(C), pages 433-441.
- Anne-Sarah Chiambretto & Hubert Stahn, 2017.
"Voluntary Management of Fisheries under an Uncertain Background Legislative Threat,"
Working Papers
halshs-01500543, HAL.
- Anne-Sarah Chiambretto & Hubert Stahn, 2017. "Voluntary Management of Fisheries under an Uncertain Background Legislative Threat," AMSE Working Papers 1712, Aix-Marseille School of Economics, France.
- Manfred Füllsack & Daniel Reisinger & Marie Kapeller & Georg Jäger, 2022. "Early warning signals from the periphery," Journal of Computational Social Science, Springer, vol. 5(1), pages 665-685, May.
- Mathilde Maîtrot & Geof Wood & Joe Devine, 2021. "Understanding resilience: Lessons from lived experiences of extreme poverty in Bangladesh," Development Policy Review, Overseas Development Institute, vol. 39(6), pages 894-910, November.
- Gars, Johan & Spiro, Daniel, 2014. "Uninsurance through Trade," Memorandum 13/2014, Oslo University, Department of Economics.
More about this item
Keywords
Social norms; Common-pool resource; Collapse; Early-warning signals; Social–ecological resilience;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:117:y:2015:i:c:p:12-21. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.