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Micro-Behavioral Economics of Global Warming = Modeling Adaptation Strategies in Agricultural and Natural Resource Enterprises /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Micro-Behavioral Economics of Global Warming/ by S. Niggol Seo.
Reminder of title:	Modeling Adaptation Strategies in Agricultural and Natural Resource Enterprises /
Author:	Seo, S. Niggol.
Description:	IX, 102 p. 10 illus., 1 illus. in color.online resource. :
Contained By:	Springer Nature eBook
Subject:	Climate change. -
Online resource:	https://doi.org/10.1007/978-3-319-15946-1
ISBN:	9783319159461

Micro-Behavioral Economics of Global Warming = Modeling Adaptation Strategies in Agricultural and Natural Resource Enterprises /
Seo, S. Niggol.

Micro-Behavioral Economics of Global WarmingModeling Adaptation Strategies in Agricultural and Natural Resource Enterprises /[electronic resource] :by S. Niggol Seo. - 1st ed. 2015. - IX, 102 p. 10 illus., 1 illus. in color.online resource. - Advances in Global Change Research,601574-0919 ;. - Advances in Global Change Research,.

Chapter 1 Introduction to the Micro-Behavioral Economics of Global Warming -- Chapter 2 The Theory of the Micro-Behavioral Economics of Global Warming -- Chapter 3 The G-MAP Models: Major Findings -- Chapter 4 Agro-Economic Models: Theory and Major Findings -- Chapter 5 Econometric Models of Yield Changes with Weather Shocks -- Chapter 6 Micro-Behavioral Decisions and Ecosystem Changes: A Multidisciplinary Integrated Framework -- Chapter 7 Wading into the Century of Global Warming and Adaptation Strategies.

This book presents a foundation for studying the micro-behavioral economics of global warming. The author develops an empirical model, named the Geographically-scaled Microeconometric model of Adapting Portfolios (G-MAP) in response to climatic changes and risks. The G-MAP model is applied to observed decisions of agricultural and natural resource enterprises in Sub-Saharan Africa and South America. The author describes the five applications of the model: the G-MAP animal species, the G-MAP agricultural systems, the G-MAP natural resource enterprises, the G-MAP climate risk, and the G-MAP public adaptations. The micro-behavioral economics of global warming and the G-MAP models are evaluated against the three alternative modeling traditions: The first is the Agro-Economic Models (AEM) based on crop simulations of selected crops under elevated CO2 conditions; The second is a family of econometric studies of grain yield changes caused by yearly weather fluctuations; The third is the Agro-Ecological Zone (AEZ) method hinged crucially on the AEZ classifications of ecosystems. The author offers a refreshing look at the traditional economics of global warming, unraveling a broad array of adaptation strategies adopted by managers of agricultural and natural resource enterprises in Sub-Saharan Africa and South America. The book demonstrates that the micro-behavioral economics dynamically integrates multiple disciplines in a cohesive way - including economics, psychology, climate science, ecosystem studies, agronomy, and animal science - into the decision-making framework of an individual agent. The G-MAP models provide a guide map of adaptation strategies for the humanity’s enduring journey of battling global climatic changes in this century and beyond.

ISBN: 9783319159461

Standard No.: 10.1007/978-3-319-15946-1doiSubjects--Topical Terms:

1009004
Climate change.

LC Class. No.: QC902.8-903.2

Dewey Class. No.: 577.27

Micro-Behavioral Economics of Global Warming = Modeling Adaptation Strategies in Agricultural and Natural Resource Enterprises /
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