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Shallow lake economics run deep: Nonlinear aspects of an economic-ecological interest conflict

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  • Wagener, F.O.O.

    ()
    (University of Amsterdam)

Abstract

Outcomes of the shallow lake interest conflict are presented in a number of different contexts: quasi-static and dynamic social planning, and quasi-static one-shot and repeated non-cooperative play. As the underlying dynamics are non-convex, the analysis uses geometrical-numerical methods: the possible kinds of solutions are efficiently classified in bifurcation diagrams

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File URL: http://www1.fee.uva.nl/cendef/publications/papers/Shallow_review.pdf
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Bibliographic Info

Paper provided by Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance in its series CeNDEF Working Papers with number 09-05.

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Date of creation: 2009
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Handle: RePEc:ams:ndfwpp:09-05

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Postal: Dept. of Economics and Econometrics, Universiteit van Amsterdam, Roetersstraat 11, NL - 1018 WB Amsterdam, The Netherlands
Phone: + 31 20 525 52 58
Fax: + 31 20 525 52 83
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Web page: http://www.fee.uva.nl/cendef/
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  1. Kossioris, G. & Plexousakis, M. & Xepapadeas, A. & de Zeeuw, A. & Mäler, K.-G., 2008. "Feedback Nash equilibria for non-linear differential games in pollution control," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 32(4), pages 1312-1331, April.
  2. Tahvonen, Olli & Salo, Seppo, 1996. "Nonconvexities in Optimal Pollution Accumulation," Journal of Environmental Economics and Management, Elsevier, vol. 31(2), pages 160-177, September.
  3. Wagener, F. O. O., 2003. "Skiba points and heteroclinic bifurcations, with applications to the shallow lake system," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 27(9), pages 1533-1561, July.
  4. Hein, Lars, 2006. "Cost-efficient eutrophication control in a shallow lake ecosystem subject to two steady states," Ecological Economics, Elsevier, Elsevier, vol. 59(4), pages 429-439, October.
  5. Dechert, W.D. & O'Donnell, S.I., 2006. "The stochastic lake game: A numerical solution," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 30(9-10), pages 1569-1587.
  6. Hein, Lars & van Koppen, Kris & de Groot, Rudolf S. & van Ierland, Ekko C., 2006. "Spatial scales, stakeholders and the valuation of ecosystem services," Ecological Economics, Elsevier, Elsevier, vol. 57(2), pages 209-228, May.
  7. Salerno, Gillian & McDonald, Stuart & Beard, Rodney, 2007. "The political economy of shallow lakes," 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand, Australian Agricultural and Resource Economics Society 10385, Australian Agricultural and Resource Economics Society.
  8. Grass, D., 2012. "Numerical computation of the optimal vector field: Exemplified by a fishery model," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 36(10), pages 1626-1658.
  9. Mäler, K-G. & Xepapadeas, A. & Zeeuw, A.J. de, 2003. "The economics of shallow lakes," Open Access publications from Tilburg University urn:nbn:nl:ui:12-123314, Tilburg University.
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Cited by:
  1. Kiseleva, Tatiana & Wagener, F.O.O., 2010. "Bifurcations of optimal vector fields in the shallow lake model," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 34(5), pages 825-843, May.
  2. Ben J. Heijdra & Pim Heijnen, 2009. "Environmental Policy and the Macroeconomy under Shallow-Lake Dynamics," CESifo Working Paper Series 2859, CESifo Group Munich.

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