(1) Faculty of Economics, Cambridge University, Sidgwick Avenue, Cambridge, CB3 9DD, UK;(2) Beijer International Institute of Ecological Economics, Stockholm, Sweden
Abstract:
The word “convexity” is ubiquitous in economics, but absent fromeconomics. In this paper we explain why, and show what differenceit
makes to economic analysis if ecosystem non-convexities aretaken seriously. A simple proof is provided of the connectionbetween
“self-similarity” and “power laws”. We also provide anintroduction to each of the papers in the Symposium and draw outthe
way in which they form a linked set of contributions.