Book contents
- The Economics of Biodiversity
- The Economics of Biodiversity
- Copyright page
- Contents
- List of Boxes
- Foreword
- Preface to the CUP Edition
- Preface
- Part I Foundations
- Chapter 0 How We Got to Where We Are
- Chapter 1 Nature as an Asset
- Chapter 2 Biodiversity and Ecosystem Services
- Chapter 3 Biospheric Disruptions
- Chapter 4 Human Impact on the Biosphere
- Chapter 4* The Bounded Global Economy
- Chapter 5 Risk and Uncertainty
- Introduction
- 5.1 Portfolio Choice under Uncertainty
- 5.2 Independent vs. Correlated Risks
- 5.3 Reducing Risks and the Losses from Risks
- 5.4 When to Stop Business-as-Usual
- 5.5 The Value of Keeping Options Open
- Annex 5.1 Fat Tails and Unbounded Utilities: St. Petersburg Paradoxes
- Annex 5.2 Catastrophes and Ambiguities
- Chapter 6 Laws and Norms as Social Institutions
- Chapter 7 Human Institutions and Ecological Systems, 1: Unidirectional Externalities and Regulatory Policies
- Chapter 8 Human Institutions and Ecological Systems, 2:
- Chapter 8* Management of CPRs:
- Chapter 9 Human Institutions and Ecological Systems, 3:
- Chapter 10 Well-Being Across the Generations
- Chapter 11 The Content of Well-Being: Empirics
- Chapter 12 Valuing Biodiversity
- Chapter 13 Sustainability Assessment and Policy Analysis
- Chapter 13* Accounting Prices and Inclusive Wealth
- Part II Extensions
- Part III The Road Ahead
- Appendix
- Acronyms
- Glossary
- References
- Acknowledgements
- Author Index
- Subject Index
Annex 5.1 - Fat Tails and Unbounded Utilities: St. Petersburg Paradoxes
from Chapter 5 - Risk and Uncertainty
Published online by Cambridge University Press: 10 March 2025
- The Economics of Biodiversity
- The Economics of Biodiversity
- Copyright page
- Contents
- List of Boxes
- Foreword
- Preface to the CUP Edition
- Preface
- Part I Foundations
- Chapter 0 How We Got to Where We Are
- Chapter 1 Nature as an Asset
- Chapter 2 Biodiversity and Ecosystem Services
- Chapter 3 Biospheric Disruptions
- Chapter 4 Human Impact on the Biosphere
- Chapter 4* The Bounded Global Economy
- Chapter 5 Risk and Uncertainty
- Introduction
- 5.1 Portfolio Choice under Uncertainty
- 5.2 Independent vs. Correlated Risks
- 5.3 Reducing Risks and the Losses from Risks
- 5.4 When to Stop Business-as-Usual
- 5.5 The Value of Keeping Options Open
- Annex 5.1 Fat Tails and Unbounded Utilities: St. Petersburg Paradoxes
- Annex 5.2 Catastrophes and Ambiguities
- Chapter 6 Laws and Norms as Social Institutions
- Chapter 7 Human Institutions and Ecological Systems, 1: Unidirectional Externalities and Regulatory Policies
- Chapter 8 Human Institutions and Ecological Systems, 2:
- Chapter 8* Management of CPRs:
- Chapter 9 Human Institutions and Ecological Systems, 3:
- Chapter 10 Well-Being Across the Generations
- Chapter 11 The Content of Well-Being: Empirics
- Chapter 12 Valuing Biodiversity
- Chapter 13 Sustainability Assessment and Policy Analysis
- Chapter 13* Accounting Prices and Inclusive Wealth
- Part II Extensions
- Part III The Road Ahead
- Appendix
- Acronyms
- Glossary
- References
- Acknowledgements
- Author Index
- Subject Index
Summary

- Type
- Chapter
- Information
- The Economics of BiodiversityThe Dasgupta Review, pp. 152 - 154Publisher: Cambridge University PressPrint publication year: 2024