Arbeitspapier
The aggregation problem: Implications for ecological economics
This article discusses the aggregation problem and its implications for ecological economics. The aggregation problem consists of a simple dilemma: when adding heterogeneous phenomena together, the observer must choose the unit of analysis. The dilemma is that this choice affects the resulting measurement. This means that aggregate measurements are dependent on one's goals, and on underlying theory. Using simple examples, this article shows how the aggregation problem complicates tasks such as calculating indexes of aggregate quantity, and how it undermines attempts to find a singular metric for complex issues such as sustainability.
- Language
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Englisch
- Bibliographic citation
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Series: Working Papers on Capital as Power ; No. 2018/03
- Classification
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Wirtschaft
- Subject
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aggregation
GDP
capital stock
natural capital
sustainability indexes
- Event
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Geistige Schöpfung
- (who)
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Fix, Blair
- Event
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Veröffentlichung
- (who)
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Forum on Capital As Power - Toward a New Cosmology of Capitalism
- (where)
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s.l.
- (when)
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2018
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Fix, Blair
- Forum on Capital As Power - Toward a New Cosmology of Capitalism
Time of origin
- 2018
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