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Ecological economics at a crossroads

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  • Gowdy, John
  • Erickson, Jon

Abstract

During the past decade theoretical and empirical advances in neoclassical economics have resulted in the virtual rejection of the two pillars of traditional welfare economics-- rational economic man and perfect competition. Surprisingly, many ecological economists are moving closer to the discredited neo-Walrasian welfare model just at the time it is being replaced within the mainstream. We call for a return to the roots of ecological economics and an engagement with current developments in mainstream theory.
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  • Gowdy, John & Erickson, Jon, 2005. "Ecological economics at a crossroads," Ecological Economics, Elsevier, vol. 53(1), pages 17-20, April.
  • Handle: RePEc:eee:ecolec:v:53:y:2005:i:1:p:17-20
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    References listed on IDEAS

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    1. Daniel Kahneman, 2003. "Maps of Bounded Rationality: Psychology for Behavioral Economics," American Economic Review, American Economic Association, vol. 93(5), pages 1449-1475, December.
    2. John M. Gowdy, 2004. "The Revolution in Welfare Economics and Its Implications for Environmental Valuation and Policy," Land Economics, University of Wisconsin Press, vol. 80(2), pages 239-257.
    3. Gintis, Herbert, 2000. "Beyond Homo economicus: evidence from experimental economics," Ecological Economics, Elsevier, vol. 35(3), pages 311-322, December.
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    Citations

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    Cited by:

    1. Benjamin Leard, 2011. "Joan Martinez-Alier and Ingo Ropke (eds.): Recent developments in ecological economics (2 vols.)," Journal of Bioeconomics, Springer, vol. 13(2), pages 161-178, July.
    2. Pelenc, Jérôme, 2014. "Développement humain responsable et aménagement du territoire. Réflexions à partir de deux réserves de biosphère périurbaines en France et au Chili
      [Responsible Human Development and Land-Use Plann
      ," MPRA Paper 56094, University Library of Munich, Germany.
    3. Fisher, Brendan & Turner, R. Kerry & Morling, Paul, 2009. "Defining and classifying ecosystem services for decision making," Ecological Economics, Elsevier, vol. 68(3), pages 643-653, January.
    4. Venkatachalam, L., 2007. "Environmental economics and ecological economics: Where they can converge?," Ecological Economics, Elsevier, vol. 61(2-3), pages 550-558, March.
    5. Andrew Balmford & Brendan Fisher & Rhys Green & Robin Naidoo & Bernardo Strassburg & R. Kerry Turner & Ana Rodrigues, 2011. "Bringing Ecosystem Services into the Real World: An Operational Framework for Assessing the Economic Consequences of Losing Wild Nature," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 48(2), pages 161-175, February.
    6. Marechal, Kevin, 2007. "The economics of climate change and the change of climate in economics," Energy Policy, Elsevier, vol. 35(10), pages 5181-5194, October.
    7. Alexander Harin, 2006. "A Rational Irrational Man?," Microeconomics harin_alexander.34115-060, Socionet.
    8. Plumecocq, Gaël, 2014. "The second generation of ecological economics: How far has the apple fallen from the tree?," Ecological Economics, Elsevier, vol. 107(C), pages 457-468.
    9. Jiřina Jílková & Lenka Slavíková, 2009. "Ekonomie životního prostředí na rozcestí
      [Economics of the Environmental Protection on the Crossroad]
      ," Politická ekonomie, University of Economics, Prague, vol. 2009(5), pages 660-676.
    10. Spash, Clive L., 2013. "The shallow or the deep ecological economics movement?," Ecological Economics, Elsevier, vol. 93(C), pages 351-362.
    11. Strunz, Sebastian & Klauer, Bernd & Ring, Irene & Schiller, Johannes, 2014. "Between Scylla and Charybdis: On the place of economic methods and concepts within ecological economics," UFZ Discussion Papers 26/2014, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
    12. Kumar, Pradeep & Kant, Shashi, 2016. "Revealed social preferences and joint forest management outcomes," Forest Policy and Economics, Elsevier, vol. 72(C), pages 37-45.
    13. Zbigniew Dokurno & Bogusław Fiedor & Bartosz Scheuer, 2016. "Makroekonomiczna i metodologiczna perspektywa dyskursu wokół pojęcia zielonej gospodarki," Gospodarka Narodowa, Warsaw School of Economics, issue 1, pages 5-28.
    14. Alexander Harin, 2005. "A Rational Irrational Man," Public Economics 0511005, EconWPA.
    15. Guarini, Giulio & Porcile, Gabriel, 2016. "Sustainability in a post-Keynesian growth model for an open economy," Ecological Economics, Elsevier, vol. 126(C), pages 14-22.
    16. Funk, Matt, 2008. "On the Problem of Sustainable Economic Development: A Theoretical Solution to this Prisoner's Dilemma," MPRA Paper 19025, University Library of Munich, Germany, revised 08 Jun 2008.
    17. 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.

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