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Environmental constraints and sigmoid utility: implications for value, risk sensitivity, and social status

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  • Kuznar, Lawrence A.
  • Frederick, William G.
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    File URL: http://www.sciencedirect.com/science/article/B6VDY-4991RR0-2/2/439b8471e837c9bb6876ffe1f7c08f22
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    Article provided by Elsevier in its journal Ecological Economics.

    Volume (Year): 46 (2003)
    Issue (Month): 2 (September)
    Pages: 293-306

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    Handle: RePEc:eee:ecolec:v:46:y:2003:i:2:p:293-306

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    Web page: http://www.elsevier.com/locate/ecolecon

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    1. Morrison, Gwendolyn C, 2000. "The Endowment Effect and Expected Utility," Scottish Journal of Political Economy, Scottish Economic Society, vol. 47(2), pages 183-97, May.
    2. Harris, Jonathan M. & Kennedy, Scott, 1999. "Carrying capacity in agriculture: global and regional issues," Ecological Economics, Elsevier, vol. 29(3), pages 443-461, June.
    3. Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-91, March.
    4. Harry Markowitz, 1952. "The Utility of Wealth," Journal of Political Economy, University of Chicago Press, vol. 60, pages 151.
    5. Arrow, Kenneth & Bolin, Bert & Costanza, Robert & Dasgupta, Partha & Folke, Carl & Holling, C. S. & Jansson, Bengt-Owe & Levin, Simon & Maler, Karl-Goran & Perrings, Charles & Pimentel, David, 1995. "Economic growth, carrying capacity, and the environment," Ecological Economics, Elsevier, vol. 15(2), pages 91-95, November.
    6. Kane, Alex, 1982. "Skewness Preference and Portfolio Choice," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 17(01), pages 15-25, March.
    7. Fred D. Arditti, 1967. "Risk And The Required Return On Equity," Journal of Finance, American Finance Association, vol. 22(1), pages 19-36, 03.
    8. Costanza, Robert, 1995. "Economic growth, carrying capacity, and the environment," Ecological Economics, Elsevier, vol. 15(2), pages 89-90, November.
    9. Young, Jeffrey T., 1991. "Is the entropy law relevant to the economics of natural resource scarcity?," Journal of Environmental Economics and Management, Elsevier, vol. 21(2), pages 169-179, September.
    10. Arditti, Fred D & Levy, Haim, 1975. "Portfolio Efficiency Analysis in Three Moments: The Multiperiod Case," Journal of Finance, American Finance Association, vol. 30(3), pages 797-809, June.
    11. Townsend, Kenneth N., 1992. "Is the entropy law relevant to the economics of natural resource scarcity? Comment," Journal of Environmental Economics and Management, Elsevier, vol. 23(1), pages 96-100, July.
    12. Mayumi, Kozo & Giampietro, Mario & Gowdy, John M., 1998. "Georgescu-Roegen/Daly versus Solow/Stiglitz Revisited," Ecological Economics, Elsevier, vol. 27(2), pages 115-117, November.
    13. Reuveny, Rafael & Decker, Christopher S., 2000. "Easter Island: historical anecdote or warning for the future?," Ecological Economics, Elsevier, vol. 35(2), pages 271-287, November.
    14. Williamson, A. G., 1993. "The second law of thermodynamics and the economic process," Ecological Economics, Elsevier, vol. 7(1), pages 69-71, February.
    15. Menezes, C & Geiss, C & Tressler, J, 1980. "Increasing Downside Risk," American Economic Review, American Economic Association, vol. 70(5), pages 921-32, December.
    16. Ayres, Robert U., 1998. "Eco-thermodynamics: economics and the second law," Ecological Economics, Elsevier, vol. 26(2), pages 189-209, August.
    17. Tversky, Amos & Kahneman, Daniel, 1992. " Advances in Prospect Theory: Cumulative Representation of Uncertainty," Journal of Risk and Uncertainty, Springer, vol. 5(4), pages 297-323, October.
    18. Milton Friedman & L. J. Savage, 1948. "The Utility Analysis of Choices Involving Risk," Journal of Political Economy, University of Chicago Press, vol. 56, pages 279.
    19. Sollner, Fritz, 1997. "A reexamination of the role of thermodynamics for environmental economics," Ecological Economics, Elsevier, vol. 22(3), pages 175-201, September.
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