Greenwood, Dan (2008) Non-market coordination: towards an ecological response to Austrian economics. Environmental Values, 17 (4). pp. 521-541. ISSN 0963-2719
Official URL: http://dx.doi.org/10.3197/096327108X368520
Although the ecological tradition tends to favour a substantive role for non-market institutions in securing objectives such as environmental sustainability, Green theorists have paid relatively little attention to the important challenge posed to such proposals by the pro-market arguments of Austrian economics. The methods of ecological economics, such as multiple criteria evaluation, offer important potential for responding to the Austrian thesis that democratic, non-market institutions face a coordination problem in the face of complexity. However, the development of an adequate ecological response to the Austrians requires clarification of the conceptual underpinnings and potential scope of such methods.
|Uncontrolled Keywords:||Valuation, markets, commensurability, multiple criteria analysis, complexity|
|Research Community:||University of Westminster > Social Sciences, Humanities and Languages, School of|
|Deposited On:||29 Apr 2009 12:53|
|Last Modified:||11 Aug 2010 15:35|
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