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, 07:05:39pm CEST (Norway)
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Daily Overview |
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Risk, uncertainty, and climate adaptation Location: Lab 1 Session Chair: Christian Traeger, University of Oslo | |
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Managing ecological systems with tipping points under exogenous shocks 1: Western Norway University of Applied Sciences, Norway; 2: Department of Economics, Tilburg University, the Netherlands, and Beijer Institute for Ecological Economics, Royal Swedish Academy of Sciences The lake is a good example of an ecological system with tipping points. Polluting the lake by the release of phosphorus from agriculture not only damages the lake gradually, but can cause the lake to tip with a sudden big loss of ecosystem services. This paper extends the analysis of optimally managing the lake with uncertain outside shocks to the stock of phosphorus. The conclusion is that when it is optimal to keep the lake in a state with a high level of ecosystem services, optimal management becomes precautionary. However, the set of initial levels of the stock of phosphorus for which it is optimal to keep the lake in such a state becomes smaller because of the additional risk for higher levels of phosphorus. | |