Konferenzpaper

How nature and men could better interact: on ecosystem service evaluation and nutrient recycling in a principal-agent-framework


AutorenlisteNuppenau, EA

Erschienen inEcosystems and Sustainable Development V

HerausgeberlisteTiezzi, E

Jahr der Veröffentlichung2005

Seiten385-396

ISBN978-1-84564-013-2

Open Access StatusGold

DOI Linkhttps://doi.org/10.2495/ECO050391

Konferenz5th International Conference on Ecosystems and Sustainable Development (ECOSUD 2005)

SerientitelWIT transactions on ecology and the environment

Serienzählung81


Abstract
This paper deals with the economic and ecological aspects of recycling organic matter to agriculture. It perceives nature as a service provider for such things as decomposing waste and enrichment of soil nutrients. As a novelty, nature's services are supported by human labour, external nutrient influx, and land assigment. Nature is perceived as seeking fitness and a quasi-objective function of nature is introduced, whereas humans are seeking services at minimal payments. 1. The paper starts with nature composed of an accumulating and a decomposing compartment. 2. Nature's fitness and human profits are simultaneously derived in a sequential process of optimal behaviour, i.e. we model the interaction by applying a principal agent framework whereas nature is an agent and humans are the principal. 3. As a result, an optimal exchange of services (recycling) and payments (labour) is endogenously determined. As a reference, we can consider alternative dumping costs of waste and have to refer to nutrient prices in agriculture. With respect to testing the economic viability of recycling, the competitiveness of organic matter recycling is assured against the dumping of waste. By this we receive the first suggestion of a frontier function that delineates fitness and welfare.




Zitierstile

Harvard-ZitierstilNuppenau, E. (2005) How nature and men could better interact: on ecosystem service evaluation and nutrient recycling in a principal-agent-framework, in Tiezzi, E. (ed.) Ecosystems and Sustainable Development V. Southampton: WIT Press. pp. 385-396. https://doi.org/10.2495/ECO050391

APA-ZitierstilNuppenau, E. (2005). How nature and men could better interact: on ecosystem service evaluation and nutrient recycling in a principal-agent-framework. In Tiezzi, E. (Ed.), Ecosystems and Sustainable Development V. (pp. 385-396). WIT Press. https://doi.org/10.2495/ECO050391


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