Micro-Behavioral Economics of Global Warming : Modeling Adaptation Strategies in Agricultural and Natural Resource Enterprises Paperback / softback
by S. Niggol Seo
Part of the Advances in Global Change Research series
Paperback / softback
Description
This book presents a foundation for studying the micro-behavioral economics of global warming.
The author develops an empirical model, named the Geographically-scaled Micro econometric model of Adapting Portfolios (G-MAP) in response to climatic changes and risks.
The G-MAP model is applied to observed decisions of agricultural and natural resource enterprises in Sub-Saharan Africa and South America.
The author describes the five applications of the model: the G-MAP animal species, the G-MAP agricultural systems, the G-MAP natural resource enterprises, the G-MAP climate risk, and the G-MAP public adaptations. The micro-behavioral economics of global warming and the G-MAP models are evaluated against the three alternative modeling traditions: The first is the Agro-Economic Models (AEM) based on crop simulations of selected crops under elevated CO2 conditions; The second is a family of econometric studies of grain yield changes caused by yearly weather fluctuations; The third is the Agro-Ecological Zone (AEZ) method hinged crucially on the AEZ classifications of ecosystems.
The author offers a refreshing look at the traditional economics of global warming, unraveling a broad array of adaptation strategies adopted by managers of agricultural and natural resource enterprises in Sub-Saharan Africa and South America.
The book demonstrates that the micro-behavioral economics dynamically integrates multiple disciplines in a cohesive way - including economics, psychology, climate science, ecosystem studies, agronomy and animal science - into the decision-making framework of an individual agent.
The G-MAP models provide a guide map of adaptation strategies for the humanity’s enduring journey of battling global climatic changes in this century and beyond.
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Item not Available
- Format:Paperback / softback
- Pages:102 pages, 1 Illustrations, color; 9 Illustrations, black and white; IX, 102 p. 10 illus., 1 illus.
- Publisher:Springer International Publishing AG
- Publication Date:09/10/2016
- Category:
- ISBN:9783319384719
Other Formats
- PDF from £38.24
Information
-
Item not Available
- Format:Paperback / softback
- Pages:102 pages, 1 Illustrations, color; 9 Illustrations, black and white; IX, 102 p. 10 illus., 1 illus.
- Publisher:Springer International Publishing AG
- Publication Date:09/10/2016
- Category:
- ISBN:9783319384719