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Getting the safe minimum standard to work in the real world: a case study in moral pragmatism


  • Farmer, Michael C.


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  • 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.
  • Handle: RePEc:eee:ecolec:v:38:y:2001:i:2:p:209-226

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    References listed on IDEAS

    1. Norton, Bryan & Costanza, Robert & Bishop, Richard C., 1998. "The evolution of preferences: Why 'sovereign' preferences may not lead to sustainable policies and what to do about it," Ecological Economics, Elsevier, vol. 24(2-3), pages 193-211, February.
    2. Michael C. Farmer & Alan Randall, 1998. "The Rationality of a Safe Minimum Standard," Land Economics, University of Wisconsin Press, vol. 74(3), pages 287-302.
    3. 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.
    4. Coggins, Jay S. & Ramezani, Cyrus A., 1998. "An Arbitrage-Free Approach to Quasi-Option Value," Journal of Environmental Economics and Management, Elsevier, vol. 35(2), pages 103-125, March.
    5. Norton, Bryan, 1995. "Resilience and options," Ecological Economics, Elsevier, vol. 15(2), pages 133-136, November.
    6. A. Myrick Freeman III, 1983. "The Sign and Size of Option Value," Land Economics, University of Wisconsin Press, vol. 59(4), pages 1-13.
    7. William Niskanen, 1999. "On the Constitution of a Compound Republic," Constitutional Political Economy, Springer, vol. 10(2), pages 167-175, June.
    8. Charles Perrings & David Pearce, 1994. "Threshold effects and incentives for the conservation of biodiversity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 4(1), pages 13-28, February.
    9. Arrow, Kenneth & Bolin, Bert & Costanza, Robert & Dasgupta, Partha & Folke, Carl & Holling, C.S. & Jansson, Bengt-Owe & Levin, Simon & Mäler, Karl-Göran & Perrings, Charles & Pimentel, David, 1996. "Economic growth, carrying capacity, and the environment," Environment and Development Economics, Cambridge University Press, vol. 1(01), pages 104-110, February.
    10. 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.
    11. Costanza, Robert, 1995. "Economic growth, carrying capacity, and the environment," Ecological Economics, Elsevier, vol. 15(2), pages 89-90, November.
    12. Crowards, Tom M., 1998. "Safe Minimum Standards: costs and opportunities," Ecological Economics, Elsevier, vol. 25(3), pages 303-314, June.
    13. Kenneth J. Arrow & Anthony C. Fisher, 1974. "Environmental Preservation, Uncertainty, and Irreversibility," The Quarterly Journal of Economics, Oxford University Press, vol. 88(2), pages 312-319.
    14. Bryan G. Norton & Michael A. Toman, 1997. "Sustainability: Ecological and Economic Perspectives," Land Economics, University of Wisconsin Press, vol. 73(4), pages 553-568.
    15. Gibbard, Allan, 1973. "Manipulation of Voting Schemes: A General Result," Econometrica, Econometric Society, vol. 41(4), pages 587-601, July.
    16. Hubin, Donald C., 1994. "The Moral Justification of Benefit/Cost Analysis," Economics and Philosophy, Cambridge University Press, vol. 10(02), pages 169-194, October.
    17. Dasgupta, Partha & Maler, Karl-Goran, 1995. "Poverty, institutions, and the environmental resource-base," Handbook of Development Economics,in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 39, pages 2371-2463 Elsevier.
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    Cited by:

    1. 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.
    2. Solomon, Barry D. & Corey-Luse, Cristi M. & Halvorsen, Kathleen E., 2004. "The Florida manatee and eco-tourism: toward a safe minimum standard," Ecological Economics, Elsevier, vol. 50(1-2), pages 101-115, September.
    3. Alan Randall, 2014. "Weak sustainability, conservation and precaution," Chapters,in: Handbook of Sustainable Development, chapter 10, pages 160-172 Edward Elgar Publishing.

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