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Resilience in Ecology and Belief

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  • Ranjan, Ram

Abstract

This paper explores the crucial linkage between societal risk perception and the survival of threatened ecosystems exhibiting non-linear stock dynamics. Formation of beliefs over specie’s importance and over its survival chances may be subject to resilience and therefore may differ from actual risks. Whereas, ecosystems stand a higher chance of survival if they aren’t stressed beyond their resilience thresholds. When subjective perception of risks and the affected ecosystems are both influenced by competing uses of resources, several equilibriums arise, not all of which may ensure sustainability of the ecosystem.

Suggested Citation

  • Ranjan, Ram, 2008. "Resilience in Ecology and Belief," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 5999, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea08:5999
    DOI: 10.22004/ag.econ.5999
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    References listed on IDEAS

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    1. Roland Bénabou & Jean Tirole, 2006. "Belief in a Just World and Redistributive Politics," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 121(2), pages 699-746.
    2. Thomas Piketty, 1995. "Social Mobility and Redistributive Politics," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(3), pages 551-584.
    3. Clarke, Harry R. & Reed, William J., 1994. "Consumption/pollution tradeoffs in an environment vulnerable to pollution-related catastrophic collapse," Journal of Economic Dynamics and Control, Elsevier, vol. 18(5), pages 991-1010, September.
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