search query: @indexterm systems theory / total: 129
reference: 7 / 129
| Author: | Ramos-Martin, J. |
| Title: | Empiricism in ecological economics: a perspective from complex systems theory |
| Journal: | Ecological Economics
2003 : OCT, VOL. 46:3, p. 387-398 |
| Index terms: | Complexity Ecology Policy Systems theory |
| Freeterms: | Empiricism |
| Language: | eng |
| Abstract: | Economies are open complex adaptive systems far from thermodynamic equilibrium and neo-classical environmental economic seems not to be the best way to describe the behaviour of such systems. Standard econometric analysis (econometrics) takes a deterministic and predictive approach, which encourages the search for predictive policy to "correct" environmental problems. Rather, it seems that, because of the characteristics of economic systems, an ex-post analysis is more appropriate, which describes the emergence of such systems' properties, and which sees policy as a social steering mechanism. With this backgroud, this article presents some of the recent empirical work published in the field of ecological economics that follows the approach defended. |
SCIMA