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Cambridge Studies on Environment, Energy and Natural Resources Governance Ser.: Complexity Economics for Environmental Governance by Jean-François Mercure (2025, Trade Paperback)
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About this product
Product Identifiers
PublisherCambridge University Press
ISBN-10110845111X
ISBN-139781108451116
eBay Product ID (ePID)3058372970
Product Key Features
Number of PagesXxv, 461 Pages
Publication NameComplexity Economics for Environmental Governance
LanguageEnglish
SubjectEnvironmental, Economic History
Publication Year2025
TypeTextbook
Subject AreaLaw, Business & Economics
AuthorJean-François Mercure
SeriesCambridge Studies on Environment, Energy and Natural Resources Governance Ser.
FormatTrade Paperback
Dimensions
Item Height1 in
Item Length9 in
Item Width6 in
Additional Product Features
Intended AudienceCollege Audience
LCCN2022-037406
Reviews'This important book mobilises insights from complexity economics and socio-technical transitions theory to rethink the nature of our responses to persistent environmental problems. Acknowledging the need for system transformation, this back-to-basics book develops ways of understanding the relevant processes of change and provides policy suggestions for governing them. Combining new theories, new modelling techniques, and new empirical information this book develops foundational insights that will be essential for navigating sustainability transitions.' Frank Geels, Professor of System Innovation, University of Manchester, 'Jean-Francois Mercure is in the vanguard of experts seeing the economy in a new way: not as a predictable machine, but as an ever-changing ecosystem. His insights will be valuable to anyone who wants to bring about real-world change. This book is an essential guide to the new economics of climate change.' Simon Sharpe, Deputy Director, Policy campaigns, COP26 Unit, UK Cabinet Office, 'The world is slowly waking up to the importance of modern economic thinking which recognises economies as complex, evolving systems combining innovation in technologies, finance and institutions. The insights arising are especially important for navigating large-scale transitions, such as the radical challenges associated with climate change. Few scholars have done more to raise awareness and to advance thinking about these issues than Jean-Francois Mercure. His impressive book, Complexity Economics for Environmental Governance, is the most rigorous and comprehensive guide to this exciting field and the essential insights arising, and deserves to become the definitive text for the field.' Michael D. Grubb, Professor of Energy and Climate Change, University College of London
IllustratedYes
Table Of ContentPart I. The Current State of Knowledge: 1. Introducing Complex Environmental Economics; 2. Complexity Heterogeneity, and Uncertainty; 3. Equilibrium and Non-Equilibrium Paradigms; 4. Philosophies of Science and the Policy Cycle; Part II. A Positive Theory for Complexity Economics: 5. Concepts of Complexity for Economics; 6. Fundamental Uncertainty; 7. Micro-Foundations for Consumer Theory; 8. Micro-foundations for a Theory of Innovation; 9. The Nature of Money; 10. Micro-Foundations for Credit Creation; 11. A Model for Growth and Creative Destruction; Part III. Applied Complexity Economics for Environmental Governance: 12. Risk-Opportunity Analysis; 13. Science & Policy for the Energy-Water-Food Nexus; 14. Technology Dynamics in a Low-Carbon Transition; 15. Structural Change in a Low-Carbon Transition; 16. Conclusion and Outlook.
SynopsisThis book reframes environmental policy from the bottom up to provide new theories of microeconomics, macroeconomics, innovation and environmental governance. It will be useful for decision-makers in government and business and scholars and graduate students in the field of environmental economics and policy., In Complexity Economics for Environmental Governance, Jean-François Mercure reframes environmental policy and provides a rigorous methodology necessary to tackle the complexity of environmental policy and the transition to sustainability. The book offers a detailed account of the deficiencies of environmental economics and then develops a theory of innovation and macroeconomics based on complexity theory. It also develops a new foundation for evidence-based policy-making using a Risk-Opportunity Analysis applied to the sustainability transition. This multidisciplinary work was developed in partnership with prominent natural scientists and economists as well as active policy-makers with the aim to revolutionize thinking in the face of the full complexity of the sustainability transition, and to show how it can best be governed to minimize its distributional impacts. The book should be read by academics and policy-makers seeking new ways to think about environmental policy-making.
LC Classification NumberHC79.E5M45136 2021
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