Image Database Export Citations


The Invisible Wand: Adaptive Co-management as an Emergent Strategy in Complex Bio-economic Systems

Show full item record

Type: Working Paper
Author: Ruitenbeek, Jack; Cartier, Cynthia
Date: 2001
Agency: Center for International Forestry Research (CIFOR), Bogor, Indonesia
Series: CIFOR Occasional Paper, no. 34
URI: https://hdl.handle.net/10535/5019
Sector: Theory
Subject(s): co-management
adaptive systems
policy analysis
Abstract: "This paper provides an economic perspective on concepts related to adaptive co-management (ACM). The discussion is cast within a formal generalised complex system (CS) framework. The authors explicitly explore the hypothesis of whether ACM can be regarded as an emergent strategy under specific conditions. The conditions draw a corollary from the well-known work of Adam Smith that describes 'self interest' as a forcing factor (the 'invisible hand) that lead to stability and efficiency in economic systems. The specific hypothesis is meant as an exploratory tool that permits the authors: (i) to develop in greater detail a formal definition of the elements of the system within a CS framework; (ii) to provide economic perspectives on the literature relating to ACM; (iii) to derive some related empirical lessons from that literature; (iv) to demonstrate the limitations of existing economic modelling and analytical constructs for addressing ACM issues; (v) to identify potential policy linkages; and (vi) to elaborate research implications."

Files in this item

Files Size Format View
OP-034.pdf 1.544Mb PDF View/Open

This item appears in the following document type(s)

Show full item record