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.

Sprache
Englisch

Erschienen in
Series: Working Papers on Capital as Power ; No. 2018/03

Klassifikation
Wirtschaft
Thema
aggregation
GDP
capital stock
natural capital
sustainability indexes

Ereignis
Geistige Schöpfung
(wer)
Fix, Blair
Ereignis
Veröffentlichung
(wer)
Forum on Capital As Power - Toward a New Cosmology of Capitalism
(wo)
s.l.
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Fix, Blair
  • Forum on Capital As Power - Toward a New Cosmology of Capitalism

Entstanden

  • 2018

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