On the normalization of dimensioned variables in ecological economics

Document Type

Article

Publication Title

Ecology, Economy and Society - the INSEE Journal

Abstract

This essay reviews normalization and non-dimensionalization using canonical examples from economics and ecology. The key question we address is as follows; "whether or not the selected dimensional choice for a given expression has an operational meaning or relevance for the purpose [of] analysis" (Mayumi and Giampietro 2012, emphasis in original). We show that it is nontrivial to normalize dimensioned variables in analytically accurate models of economy-ecosystem interaction.

Publication Date

8-3-2020

Publisher

Indian Society for Ecological Economics (INSEE)

Volume

Vol.1

Issue

Iss.1

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