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An Ecology and Economy Coupling Model. A global stationary state model for a sustainable economy in the Hamiltonian formalism

Author

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  • Scalia, Massimo
  • Angelini, Aurelio
  • Farioli, Francesca
  • Mattioli, Gianni Francesco
  • Ragnisco, Orlando
  • Saviano, Marialuisa

Abstract

The severity of the two deeply correlated crises, the environmental and the economic ones, needs to be faced also in theoretical terms; thus, the authors propose a model yielding a global “stationary state”, following the idea of a “steady-state economics” by Georgescu-Rogen and Herman Daly, by constructing only one dynamical system of ecological and economic coupled variables. This is possible resorting to the generalized Volterra model, that, translated in the Hamiltonian formalism and its Hamilton equations, makes possible to “conjugate” every pair of variables, one economic, the other one ecological, in describing the behavior in time of a unique dynamical system.

Suggested Citation

  • Scalia, Massimo & Angelini, Aurelio & Farioli, Francesca & Mattioli, Gianni Francesco & Ragnisco, Orlando & Saviano, Marialuisa, 2020. "An Ecology and Economy Coupling Model. A global stationary state model for a sustainable economy in the Hamiltonian formalism," Ecological Economics, Elsevier, vol. 172(C).
    • Handle: RePEc:eee:ecolec:v:172:y:2020:i:c:s0921800919301521
    DOI: 10.1016/j.ecolecon.2019.106497
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    References listed on IDEAS

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    1. Tian Shi, 2004. "Ecological Economics: Moving towards a Transdisciplinary Research on Sustainability," Journal of Interdisciplinary Economics, , vol. 15(1), pages 61-81, January.
    2. L. Doyen & A. Cissé & S. Gourguet & L. Mouysset & P.-Y. Hardy & C. Béné & F. Blanchard & F. Jiguet & J.-C. Pereau & O. Thébaud, 2013. "Ecological-economic modelling for the sustainable management of biodiversity," Computational Management Science, Springer, vol. 10(4), pages 353-364, December.
    3. Matthieu Cristelli & Andrea Tacchella & Luciano Pietronero, 2015. "The Heterogeneous Dynamics of Economic Complexity," PLOS ONE, Public Library of Science, vol. 10(2), pages 1-15, February.
    4. repec:hal:journl:hal-01135489 is not listed on IDEAS
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