TY - JOUR
T1 - Evolutionary policies for sustainable development: adaptive flexibility and risk minimising
AU - Rammel, C.
AU - van den Bergh, J.C.J.M.
PY - 2003
Y1 - 2003
N2 - An evolutionary perspective on policies to foster sustainable development is presented. It is argued that policies suggested by the traditional economic theory of environmental policy can stimulate unsustainable socio-economic structures and patterns. In addition, they are unable to remove undesired locked-in systems and technologies. Drawing on evolutionary thinking, characterised by diversity, selection, innovation, path-dependence and bounded rationality, an alternative, partly complementary theory of environmental policy is suggested. Specific attention is given to the role of strategies that are aimed at increasing diversity and adaptive flexibility, and at reducing risk. © 2003 Elsevier B.V. All rights reserved.
AB - An evolutionary perspective on policies to foster sustainable development is presented. It is argued that policies suggested by the traditional economic theory of environmental policy can stimulate unsustainable socio-economic structures and patterns. In addition, they are unable to remove undesired locked-in systems and technologies. Drawing on evolutionary thinking, characterised by diversity, selection, innovation, path-dependence and bounded rationality, an alternative, partly complementary theory of environmental policy is suggested. Specific attention is given to the role of strategies that are aimed at increasing diversity and adaptive flexibility, and at reducing risk. © 2003 Elsevier B.V. All rights reserved.
U2 - 10.1016/S0921-8009(03)00193-9
DO - 10.1016/S0921-8009(03)00193-9
M3 - Article
SN - 0921-8009
VL - 47
SP - 121
EP - 133
JO - Ecological Economics
JF - Ecological Economics
IS - 2
ER -