Managing Thresholds and Uncertainty in Resource Economics
| Number | 3172 |
|---|---|
| Project manager | Eric Nævdal |
| Client | Norges forskningsråd |
| Client project no. | 196199 |
| Participants | Simen Gaure Michael Oppenheimer Jon Vislie |
| Period | 2010 - 2012 (ended) |
Project description
The project aims at developing methods that enables the integration of scientific knowledge on threshold effects in natural systems into economic models of decision making. The focus is to close gaps in the mathematical theory of dynamic optimization required to solve problems where threshold effects are important. Examples of issues where threshold effects have been identified as important includes: Climate change, eutrophication, population harvesting and zootic epidemiological dynamics. The project aims to develop relevant mathematical techniques and show their usefulness by examining relevant applications in ecosystem management and climate change.Publications
Scientific Journal
| Author(s): | Title: | Year: | Reference: | Link: |
|---|---|---|---|---|
| Nævdal, Eric | Productivity and Management of Renewable Resources: Why More Efficient Fishing Fleets Should Fish Less | 2022 | Environmental and Resource Economics Online | [PDF] [DOI] |
| Nævdal, Eric | New Insights from the Canonical Ramsey-Cass-Koopmans Growth Model | 2020 | Macroeconomic Dynamics | [DOI] |
| Crepin, Anne-Sophie and Eric Nævdal | Inertia in risk; improving economic models of catastrophes | 2019 | The Scandinavian Journal of Economics 1-27 | [PDF] [DOI] |
| Nævdal, Eric and Anders Skonhoft | New Insights from the Canonical Fisheries Model - Optimal Management when Stocks are Low | 2018 | Journal of Environmental Economics and Management Vol 92, 125-133 | [PDF] [DOI] |
| Nævdal, Eric | Catastrophes and ex post shadow prices—How the value of the last fish in a lake is infinity and why we should not care (much) | 2016 | Journal of Economic Behavior and Organization Vol 132, 153-160 | [DOI] |
Book chapter
| Author(s): | Title: | Year: | Reference: | Link: |
|---|---|---|---|---|
| Nævdal, Eric | Safe Minimum Standard (SMS) | 2013 | [PDF] |
Memorandum
This series is published by the Department of Economics, University of Oslo, in cooperation with the Frisch Centre. The list below only contains those memoranda written in connection with projects at the Frisch Centre. A complete list of memoranda is found at http://urn.nb.no/URN:NBN:no-7118
| Author(s): | Title: | Year: | Reference: | Link: |
|---|---|---|---|---|
| Nævdal, Eric | Catastrophes and Expected Marginal Utility – How the Value of The Last Fish in a Lake is Infinity and Why We Shouldn’t Care (Much) | 2015 | No. 8 | [PDF] |
CREE Working Paper
CREE is the Oslo Centre for Environmentally friendly Energy. Here you will only find the publications written by authors here at the Frisch Centre. A complete list is located at https://www.frisch.uio.no/prosjekter/cree/publications/CREE_working_papers/
| Author(s): | Title: | Year: | Reference: | Link: |
|---|---|---|---|---|
| Crépin, Anne-Sophie, Eric Nævdal | Inertia in risk; improving economic models of catastrophes | 2017 | No. 2 | [PDF] |
Frisch Report
| Author(s): | Title: | Year: | Reference: | Link: |
|---|---|---|---|---|
| Nævdal, Eric, Anders Skonhoft | New Insights from the Canonical Fisheries Model | 2018 | No. 3 | [PDF] |
