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Uncertainty, risk aversion, and the game theoretic foundations of the safe minimum standard: a reassessment

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  • Palmini, Dennis

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  • 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.
    • Handle: RePEc:eee:ecolec:v:29:y:1999:i:3:p:463-472
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    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. Richard B. Howarth, 1995. "Sustainability under Uncertainty: A Deontological Approach," Land Economics, University of Wisconsin Press, vol. 71(4), pages 417-427.
    3. 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.
    4. Timothy M. Swanson, 1994. "The International Regulation of Extinction," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-12985-0, December.
    5. Robert P. Berrens & David S. Brookshire & Michael McKee & Christian Schmidt, 1998. "Implementing the Safe Minimum Standard Approach: Two Case Studies from the U.S. Endangered Species Act," Land Economics, University of Wisconsin Press, vol. 74(2), pages 147-161.
    6. Fisher, Anthony C. & Krutilla, John V., 1985. "Economics of nature preservation," Handbook of Natural Resource and Energy Economics, in: A. V. Kneese† & J. L. Sweeney (ed.), Handbook of Natural Resource and Energy Economics, edition 1, volume 1, chapter 4, pages 165-189, Elsevier.
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    Cited by:

    1. Kjell Hausken, 2019. "Principal–Agent Theory, Game Theory, and the Precautionary Principle," Decision Analysis, INFORMS, vol. 16(2), pages 105-127, June.
    2. 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.
    3. Shaw, W. Douglass & Woodward, Richard T., 2010. "Water Management, Risk, and Uncertainty: Things We Wish We Knew in the 21st Century," Western Economics Forum, Western Agricultural Economics Association, vol. 9(2), pages 1-15.
    4. Hasson, Reviva & Löfgren, Åsa & Visser, Martine, 2010. "Climate change in a public goods game: Investment decision in mitigation versus adaptation," Ecological Economics, Elsevier, vol. 70(2), pages 331-338, December.
    5. Berrens, Robert P. & McKee, Michael & Farmer, Michael C., 1999. "Incorporating distributional considerations in the safe minimum standard approach: endangered species and local impacts," Ecological Economics, Elsevier, vol. 30(3), pages 461-474, September.
    6. Krutilla,Kerry Mace & Good,David Henning & Toman,Michael A. & Arin,Tijen, 2020. "Implementing Precaution in Benefit-Cost Analysis : The Case of Deep Seabed Mining," Policy Research Working Paper Series 9307, The World Bank.
    7. 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).
    8. Andrew Macintosh, 2013. "Coastal climate hazards and urban planning: how planning responses can lead to maladaptation," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 18(7), pages 1035-1055, October.
    9. Fidel Gonzalez, 2008. "Precautionary Principle and Robustness for a Stock Pollutant with Multiplicative Risk," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 41(1), pages 25-46, September.
    10. 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.
    11. 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.
    12. Farmer, Michael C., 2001. "Getting the safe minimum standard to work in the real world: a case study in moral pragmatism," Ecological Economics, Elsevier, vol. 38(2), pages 209-226, August.
    13. Can Xie & Hongxia Li & Lei Chen, 2023. "A Three-Party Decision Evolution Game Analysis of Coal Companies and Miners under China’s Government Safety Special Rectification Action," Mathematics, MDPI, vol. 11(23), pages 1-23, November.
    14. Kjell Hausken, 2018. "Formalizing the Precautionary Principle Accounting for Strategic Interaction, Natural Factors, and Technological Factors," Risk Analysis, John Wiley & Sons, vol. 38(10), pages 2055-2072, October.

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