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

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dc.contributor.author Ruitenbeek, Jack
dc.contributor.author Cartier, Cynthia
dc.date.accessioned 2009-10-07T13:16:25Z
dc.date.available 2009-10-07T13:16:25Z
dc.date.issued 2001 en_US
dc.identifier.uri https://hdl.handle.net/10535/5019
dc.description.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." en_US
dc.language English en_US
dc.relation.ispartofseries CIFOR Occasional Paper, no. 34 en_US
dc.subject co-management en_US
dc.subject adaptive systems en_US
dc.subject modeling en_US
dc.subject complexity en_US
dc.subject policy analysis en_US
dc.title The Invisible Wand: Adaptive Co-management as an Emergent Strategy in Complex Bio-economic Systems en_US
dc.type Working Paper en_US
dc.type.methodology Case Study en_US
dc.publisher.workingpaperseries Center for International Forestry Research (CIFOR), Bogor, Indonesia en_US
dc.subject.sector Theory en_US

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