IDEAS home Printed from https://ideas.repec.org/p/ags/wisagr/200566.html
   My bibliography  Save this paper

Efficiency and Sustainability in Imperfect Market Systems

Author

Listed:
  • Bishop, Richard C.
  • Woodward, Richard T.

Abstract

No abstract is available for this item.

Suggested Citation

  • Bishop, Richard C. & Woodward, Richard T., 1993. "Efficiency and Sustainability in Imperfect Market Systems," Staff Papers 200566, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
  • Handle: RePEc:ags:wisagr:200566
    DOI: 10.22004/ag.econ.200566
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/200566/files/agecon-wisc-0358.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.200566?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Richard C. Ready & Richard C. Bishop, 1991. "Endangered Species and the Safe Minimum Standard," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 309-312.
    2. Robert M. Solow, 1974. "The Economics of Resources or the Resources of Economics," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 12, pages 257-276, Palgrave Macmillan.
    3. S. V. Ciriacy-Wantrup, 1961. "Water Quality, A Problem for the Economist," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 43(5), pages 1133-1144.
    4. Richard C. Bishop, 1978. "Endangered Species and Uncertainty: The Economics of a Safe Minimum Standard," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 60(1), pages 10-18.
    5. V. Kerry Smith & John V. Krutilla, 1979. "Endangered Species, Irreversibilities, and Uncertainty: A Comment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(2), pages 371-375.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Georgy Kartashov, 2007. "Economic growth and institutional quality in resource oriented countries (in Russian)," Quantile, Quantile, issue 2, pages 141-157, March.

    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.
    1. Baumgärtner, Stefan & Quaas, Martin F., 2009. "Ecological-economic viability as a criterion of strong sustainability under uncertainty," Ecological Economics, Elsevier, vol. 68(7), pages 2008-2020, May.
    2. Crowards, Tom M., 1998. "Safe Minimum Standards: costs and opportunities," Ecological Economics, Elsevier, vol. 25(3), pages 303-314, June.
    3. Rolfe, John, 1995. "Ulysses Revisited - A Closer Look At The Safe Minimum Standard Rule," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 39(1), pages 1-16, April.
    4. Swallow, Stephen K., 1996. "Economic Issues in Ecosystem Management: An Introduction and Overview," Agricultural and Resource Economics Review, Cambridge University Press, vol. 25(2), pages 83-100, October.
    5. Michael Margolis & Eric Nævdal, 2008. "Safe Minimum Standards in Dynamic Resource Problems: Conditions for Living on the Edge of Risk," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(3), pages 401-423, July.
    6. Rollins, Kimberly & Bishop, Richard C., 1992. "Net Social Costs of Preserving Biological Diversity," Department of Agricultural Economics and Business 258702, University of Guelph.
    7. Alan Randall, 2014. "Weak sustainability, conservation and precaution," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 10, pages 160-172, Edward Elgar Publishing.
    8. Irmi Seidl & Clem Tisdell, 2001. "Neglected Features of the Safe Minimum Standard: Socio-economic and Institutional Dimensions," Review of Social Economy, Taylor & Francis Journals, vol. 59(4), pages 417-442.
    9. Toman, Michael & Pezzey, John C., 2002. "The Economics of Sustainability: A Review of Journal Articles," RFF Working Paper Series dp-02-03, Resources for the Future.
    10. Kostas Bithas, 2008. "Tracing operational conditions for the Ecologically Sustainable Economic Development: the Pareto optimality and the preservation of the biological crucial levels," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 10(3), pages 373-390, June.
    11. Alan Randall, 2020. "On Intergenerational Commitment, Weak Sustainability, and Safety," Sustainability, MDPI, vol. 12(13), pages 1-18, July.
    12. Palmini, Dennis, 1999. "Uncertainty, risk aversion, and the game theoretic foundations of the safe minimum standard: a reassessment," Ecological Economics, Elsevier, vol. 29(3), pages 463-472, June.
    13. Kjell Hausken, 2019. "Principal–Agent Theory, Game Theory, and the Precautionary Principle," Decision Analysis, INFORMS, vol. 16(2), pages 105-127, June.
    14. Kostas Bithas, 2020. "A bioeconomic approach to sustainable development: Incorporating ecological thresholds within intergenerational efficiency," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(4), pages 772-780, July.
    15. Bandara, Ranjith & Tisdell, Clement A., 2003. "Willingness to pay for different degrees of Abundance of Elephants," Economics, Ecology and Environment Working Papers 48966, University of Queensland, School of Economics.
    16. O'Hara, Sabine U., 1997. "Toward a sustaining production theory," Ecological Economics, Elsevier, vol. 20(2), pages 141-154, February.
    17. Grijalva, Therese & Berrens, Robert P. & Shaw, W. Douglass, 2011. "Species preservation versus development: An experimental investigation under uncertainty," Ecological Economics, Elsevier, vol. 70(5), pages 995-1005, March.
    18. Meirifield, John, 1996. "A market approach to conserving biodiversity," Ecological Economics, Elsevier, vol. 16(3), pages 217-226, March.
    19. Hausken, Kjell, 2021. "The precautionary principle as multi-period games where players have different thresholds for acceptable uncertainty," Reliability Engineering and System Safety, Elsevier, vol. 206(C).
    20. Bhattarai, Madhusudan & Hammig, Michael D., 1998. "Environmental Policy Analysis And Instruments For Biodiversity Conservation: A Review Of Recent Economic Literature," Working Papers 18810, Clemson University, Department of Agricultural and Applied Economics.

    More about this item

    Keywords

    Marketing; Productivity Analysis;

    Statistics

    Access and download statistics

    Corrections

    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:ags:wisagr:200566. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/dauwius.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.