Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 10th Sept 2026, 07:06:40pm CEST (Norway)
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Daily Overview |
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Environmental preferences and behavior Location: Lab 2 Session Chair: Susann Adloff, Kiel Institute for the World Economy | |
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Ecosystem resilience as a public good: Nash-equilibria can be Pareto-efficient University of Freiburg, Germany We analyze ecosystem resilience under uncertainty as a public good. Due to the self-protection structure of the (private and public) optimization problems and non-convex ecosystem dynamics, the optimization problems might not be convex. We extend an existing ecological-economic model of resilience to capture the public good aspect. We show that in contrast to the traditional public good literature, Nash-equilibria can be Pareto-efficient under certain conditions. We illustrate our findings in a numerical example. Our results suggest that new policy measures for decentralized provision of ecosystem resilience are conceivable. For example, the government can ensure initial conditions such that there is no incentive for free-riding and individuals cooperate in their best interest. This policy is possible because the public good problem can become a coordination game due to the tipping point of the ecosystem. | |