Human Actions, the Survival of Keystone Species, and the Resilience of Ecological-Economic Systems
14 Pages Posted: 8 Sep 2003
Date Written: August 13, 2003
Human (managerial) actions affect the survival probabilities of the keystone species of an ecological-economic system. In turn, the well-being of these keystone species translates into the well-being or the resilience of the underlying ecological-economic system. What are the theoretical connections between human actions, keystone species survival, and the resilience of ecological-economic systems? In this note, we construct a simple stochastic model to draw out the links between this trinity.
Keywords: Ecological-Economic System, Keystone Species, Markov Chain, Resilience, Uncertainty
JEL Classification: Q20, D80, D81
Suggested Citation: Suggested Citation