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- Title
Negative incentives and sustainability in the amazonian logging industry.
- Authors
Bezerra Farias, Hilder André; de Medeiros Rivero, Sérgio Luiz; Teixeira Diniz, Márcia Jucá
- Abstract
This paper investigates the existence of lock-in of low technology and high environmental impact on Brazilian Amazon logging industry. The research employed evolutionary economics as a theoretical basis, especially the concept of technological trajectories. The duality of decisions involving logging - conventional logging (CL) versus reduced-impact logging (RIL) - was studied. An agent-based simulation model - in which decision-making under bounded rationality is based on a genetic algorithm - was implemented in Java programming language. Results demonstrate the existence of lock-in, producers aversion to risks, greater operational efficiency of sustainable logging, and benefits derived from a policy of environmental bonuses, both in economic and ecological terms.
- Subjects
LOGGING; EVOLUTIONARY economics; ECONOMIC decision making; SIMULATION methods &; models; ENVIRONMENTAL economics
- Publication
Nova Economia, 2017, Vol 27, Issue 3, p363
- ISSN
0103-6351
- Publication type
Article
- DOI
10.1590/0103-6351/2735