Arbeitspapier

On the foundation of a general theory of stocks

This essay develops the "concept of stocks" – a conceptual notion designed to enable a clearer understanding of the interaction between the dynamics of ecosystems and the economy. The notion of stocks is formulated in a general manner based on set theory. The central attribute of a stock is its temporal durability. Seen thus, stocks are suitable for depicting the influences a system’s history has on its present – and hence for analysing temporal developments. Since permanency is a temporal attribute, the concept of stocks is not specifically limited to individual scientific disciplines and is suitable for interdisciplinary analysis. The notion is applied to economic and ecological examples and generalised for stochastic sets. The hierarchical structure of actual ecological-economic systems can be analysed by distinguishing the stock perspective from a system view. The theory of stocks is a building block for the conceptual foundations of ecological economics.

Sprache
Englisch

Erschienen in
Series: Discussion Paper Series ; No. 395

Klassifikation
Wirtschaft
Relation of Economics to Other Disciplines
Economic Methodology: General
Renewable Resources and Conservation: General
Thema
Dynamics
permanency
system
time scales
population
persistence
Umweltökonomik
Ressourcenökonomik
Theorie

Ereignis
Geistige Schöpfung
(wer)
Faber, Malte
Frank, Karin
Klauer, Bernd
Manstetten, Reiner
Schiller, Johannes
Wissel, Christian
Ereignis
Veröffentlichung
(wer)
University of Heidelberg, Department of Economics
(wo)
Heidelberg
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Faber, Malte
  • Frank, Karin
  • Klauer, Bernd
  • Manstetten, Reiner
  • Schiller, Johannes
  • Wissel, Christian
  • University of Heidelberg, Department of Economics

Entstanden

  • 2003

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