The Aggregation Problem: Implications for Ecological Economics

dc.contributor.authorFix, Blair
dc.date.accessioned2022-11-01T23:11:34Z
dc.date.available2022-11-01T23:11:34Z
dc.date.issued2018
dc.descriptionaggregation GDP capital stock natural capital sustainability indexes
dc.description.abstractThis article discusses the aggregation problem and its implications for ecological economics. The aggregation problem consists of a simple dilemma: when adding heterogeneous phenomena together, the observer must choose the unit of analysis. The dilemma is that this choice affects the resulting measurement. This means that aggregate measurements are dependent on one’s goals, and on underlying theory. Using simple examples, this article shows how the aggregation problem complicates tasks such as calculating indexes of aggregate quantity, and how it undermines attempts to find a singular metric for complex issues such as sustainability.
dc.identifier.citationThe Aggregation Problem: Implications for Ecological Economics. Fix, Blair. (2018). Working Papers on Capital as Power. No. 2018/03. May. pp. 1-16. (Article - Working Paper; English).
dc.identifier.urihttp://hdl.handle.net/10315/39917
dc.titleThe Aggregation Problem: Implications for Ecological Economics
dc.typeWorking Paper

Files

Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
543.pdf
Size:
1.2 MB
Format:
Adobe Portable Document Format

Collections