Panaceas and diversification of environmental policy.

ABSTRACT: We consider panacea formation in the framework of adaptive learning and decision for social-ecological systems (SESs). Institutions for managing such systems must address multiple timescales of ecological change, as well as features of the social community in which the ecosystem policy problem is embedded. Response of the SES to each candidate institution must be modeled and treated as a stochastic process with unknown parameters to be estimated. A fundamental challenge is to design institutions that are not vulnerable to capture by subsets of the community that self-organize to direct the institution against the overall social interest. In a world of episodic structural change, such as SESs, adaptive learning can lock in to a single institution, model, or parameter estimate. Policy divers

SUBMITTER: Brock WA 

PROVIDER: S-EPMC2000546 | biostudies-literature | 2007 Sep

REPOSITORIES: biostudies-literature