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Micro-Behavioral Economics of Global Warming

Modeling Adaptation Strategies in Agricultural and Natural Resource Enterprises

(Autor)

Buch | Hardcover
IX, 102 Seiten
2015 | 2015
Springer International Publishing (Verlag)
978-3-319-15945-4 (ISBN)

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Micro-Behavioral Economics of Global Warming - S. Niggol Seo
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This book presents a foundation for studying the micro-behavioral economics of global warming. The author develops an empirical model, named the Geographically-scaled Micro econometric model of Adapting Portfolios (G-MAP) in response to climatic changes and risks. The G-MAP model is applied to observed decisions of agricultural and natural resource enterprises in Sub-Saharan Africa and South America. The author describes the five applications of the model: the G-MAP animal species, the G-MAP agricultural systems, the G-MAP natural resource enterprises, the G-MAP climate risk, and the G-MAP public adaptations.

The micro-behavioral economics of global warming and the G-MAP models are evaluated against the three alternative modeling traditions: The first is the Agro-Economic Models (AEM) based on crop simulations of selected crops under elevated CO2 conditions; The second is a family of econometric studies of grain yield changes caused by yearly weather fluctuations; The third is the Agro-Ecological Zone (AEZ) method hinged crucially on the AEZ classifications of ecosystems.

The author offers a refreshing look at the traditional economics of global warming, unraveling a broad array of adaptation strategies adopted by managers of agricultural and natural resource enterprises in Sub-Saharan Africa and South America. The book demonstrates that the micro-behavioral economics dynamically integrates multiple disciplines in a cohesive way - including economics, psychology, climate science, ecosystem studies, agronomy and animal science - into the decision-making framework of an individual agent. The G-MAP models provide a guide map of adaptation strategies for the humanity's enduring journey of battling global climatic changes in this century and beyond.

Chapter 1 Introduction to the Micro-Behavioral Economics of Global Warming.- Chapter 2 The Theory of the Micro-Behavioral Economics of Global Warming.- Chapter 3 The G-MAP Models: Major Findings.- Chapter 4 Agro-Economic Models: Theory and Major Findings.- Chapter 5 Econometric Models of Yield Changes with Weather Shocks.- Chapter 6 Micro-Behavioral Decisions and Ecosystem Changes: A Multidisciplinary Integrated Framework.- Chapter 7 Wading into the Century of Global Warming and Adaptation Strategies.

Erscheint lt. Verlag 10.4.2015
Reihe/Serie Advances in Global Change Research
Zusatzinfo IX, 102 p. 10 illus., 1 illus. in color.
Verlagsort Cham
Sprache englisch
Maße 155 x 235 mm
Themenwelt Naturwissenschaften Biologie Ökologie / Naturschutz
Naturwissenschaften Geowissenschaften Meteorologie / Klimatologie
Schlagworte Adaptation to Climate Change • Agricultural and Natural Resource Enterprises • climate change • Climate change impacts • G-MAP Model • Micro-Behavioral Economics of Global Warming • Sub-Saharan Africa and South America
ISBN-10 3-319-15945-3 / 3319159453
ISBN-13 978-3-319-15945-4 / 9783319159454
Zustand Neuware
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