Cambridge studies on environment, energy and natural resource governance [More in this series]
Cambridge studies on environment, energy and natural resources governance
Summary note
In Complexity Economics for Environmental Governance, Jean-François Mercure reframes environmental policy and provides a rigorous methodology necessary to tackle the complexity of environmental policy and the transition to sustainability. The book offers a detailed account of the deficiencies of environmental economics and then develops a theory of innovation and macroeconomics based on complexity theory. It also develops a new foundation for evidence-based policy-making using a Risk-Opportunity Analysis applied to the sustainability transition. This multidisciplinary work was developed in partnership with prominent natural scientists and economists as well as active policy-makers with the aim to revolutionize thinking in the face of the full complexity of the sustainability transition, and to show how it can best be governed to minimize its distributional impacts. The book should be read by academics and policy-makers seeking new ways to think about environmental policy-making.
Notes
Title from publisher's bibliographic system (viewed on 03 Nov 2022).
Contents
Introducing complex environmental economics
Complexity, heterogeneity and uncertainty
Equilibrium and non-equilibrium paradigms
Philosophies of science and the policy cycle
Concepts of complexity for economics
Fundamental uncertainty
Micro-foundations for consumer theory
Micr-foundations for a theory of innovation
The nature of money
Micro-foundations for credit creation
A model for growth and creative destruction
Risk-opportunity analysis
Science and policy for the energy-water-food nexus
Technology dynamics in a low-carbon transition
Structural change in a low-carbon transition
Conclusions and outlook.
ISBN
9781108553650 (ebook)
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