Article ID Journal Published Year Pages File Type
5050769 Ecological Economics 2011 14 Pages PDF
Abstract
► Multistate natural systems represent an important ecological management challenge. ► Analysis of a reversible multistate system with an unknown threshold shows a nonmonotonic relationship between precautionary behavior and uncertainty. ► Economic decision rules for multistate systems can yield precautionary behavior that increases resilience
Keywords
Related Topics
Life Sciences Agricultural and Biological Sciences Ecology, Evolution, Behavior and Systematics
Preview
Optimal management of an ecosystem with an unknown threshold
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