The approach of ecological economics
AbstractThis paper discusses the major tenets of ecological economics--including value pluralism, methodological pluralism and multi-criteria policy assessment. Ecological economics offers viable alternatives to the theoretical foundations and policy recommendations of neoclassical welfare economics. A revolution in neoclassical economics is currently taking place, and the core assumptions of welfare economics are being replaced with more realistic models of consumer and firm behaviour. This paper argues that these new theoretical and empirical findings are largely ignored in applied work and policy applications in environmental economics. As the only heterodox school of economics focusing on the human economy both as a social system and as one imbedded in the biophysical universe, and thus both holistic and scientifically based, ecological economics is poised to play a leading role in recasting the scope and method of economic science. Copyright 2005, Oxford University Press.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Oxford University Press in its journal Cambridge Journal of Economics.
Volume (Year): 29 (2005)
Issue (Month): 2 (March)
Contact details of provider:
Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK
Fax: 01865 267 985
Web page: http://www.cje.oupjournals.org/
Other versions of this item:
You can help add them by filling out this form.
RePEc Biblio mentionsAs found on the RePEc Biblio, the curated bibliography for Economics:
- > Schools of Economic Thought, Epistemology of Economics > Heterodox Approaches > Ecological Economics
- Anderson, Blake & M'Gonigle, Michael, 2012. "Does ecological economics have a future?," Ecological Economics, Elsevier, vol. 84(C), pages 37-48.
- Soleri, Daniela & Cleveland, David A. & Glasgow, Garrett & Sweeney, Stuart H. & Cuevas, Flavio Aragón & Fuentes, Mario R. & Ríos L., Humberto, 2008. "Testing assumptions underlying economic research on transgenic food crops for Third World farmers: Evidence from Cuba, Guatemala and Mexico," Ecological Economics, Elsevier, vol. 67(4), pages 667-682, November.
- Gómez-Baggethun, Erik & de Groot, Rudolf & Lomas, Pedro L. & Montes, Carlos, 2010. "The history of ecosystem services in economic theory and practice: From early notions to markets and payment schemes," Ecological Economics, Elsevier, vol. 69(6), pages 1209-1218, April.
- Aviel Verbruggen, 2011. "Preparing the design of robust climate policy architectures," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 11(4), pages 275-295, November.
- Ali DOUAI (GREThA UMR CNRS 5113) & Matthieu MONTALBAN (GREThA UMR CNRS 5113), 2009.
"Institutions and the environment: the case for a historical political economy,"
Cahiers du GREThA
2009-12, Groupe de Recherche en Economie Théorique et Appliquée.
- Ali DOUAI (GREThA-GRES) & Matthieu MONTALBAN (GREThA-GRES), 2009. "Institutions and the environment: the case for a historical political economy," Cahiers du GRES 2009-07, Groupement de Recherches Economiques et Sociales.
- Nathalie Lazaric & Kevin Maréchal, 2010. "Overcoming inertia: insights from evolutionary economics into improved energy and climate policy," Post-Print hal-00452205, HAL.
- Kevin Maréchal & Hélène Aubaret-Joachain & Jean-Paul Ledant, 2008. "The influence of Economics on agricultural systems: an evolutionary and ecological perspective," Working Papers CEB 08-028.RS, ULB -- Universite Libre de Bruxelles.
- Clive L. Spash, 2013.
"The Shallow or the Deep Ecological Economics Movement?,"
sre-disc-2013_01, Institute for the Environment and Regional Development, Department of Socioeconomics, Vienna University of Economics and Business.
- Spash, Clive L., 2013. "The shallow or the deep ecological economics movement?," Ecological Economics, Elsevier, vol. 93(C), pages 351-362.
- Christian Schubert & Andreas Chai, 2012. "Sustainable Consumption and Consumer Sovereignty," Papers on Economics and Evolution 2012-14, Max Planck Institute of Economics, Evolutionary Economics Group.
- Buchholz, Thomas S. & Volk, Timothy A. & Luzadis, Valerie A., 2007. "A participatory systems approach to modeling social, economic, and ecological components of bioenergy," Energy Policy, Elsevier, vol. 35(12), pages 6084-6094, December.
- Hodgson, Geoffrey M., 2010. "Darwinian coevolution of organizations and the environment," Ecological Economics, Elsevier, vol. 69(4), pages 700-706, February.
- Sevilla Jiménez, Martín & Torregrosa, Teresa & Moreno, Luis, 2010. "Un Panorama sobre la Economía del Agua/An Overview on Water Economy," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 28, pages 265-304, Agosto.
- Armon Rezai & Lance Taylor & Reinhard Mechler, 2012.
"Ecological Macroeconomics: An application to climate change,"
sre-disc-2012_06, Institute for the Environment and Regional Development, Department of Socioeconomics, Vienna University of Economics and Business.
- Rezai, Armon & Taylor, Lance & Mechler, Reinhard, 2013. "Ecological macroeconomics: An application to climate change," Ecological Economics, Elsevier, vol. 85(C), pages 69-76.
- Gual, Miguel A. & Norgaard, Richard B., 2010. "Bridging ecological and social systems coevolution: A review and proposal," Ecological Economics, Elsevier, vol. 69(4), pages 707-717, February.
- Castro e Silva, Manuela & Teixeira, Aurora A.C., 2011. "A bibliometric account of the evolution of EE in the last two decades: Is ecological economics (becoming) a post-normal science?," Ecological Economics, Elsevier, vol. 70(5), pages 849-862, March.
- Venkatachalam, L., 2008. "Behavioral economics for environmental policy," Ecological Economics, Elsevier, vol. 67(4), pages 640-645, November.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.