Sustainable Development as Systemic Choices

This article discusses the utility of conceptualizing the transition to sustainable energy resources and technologies in terms of a significantly modified notion of strategic choice. This conceptualization combines recently popularized game‐theoretic approaches with tools and concepts emerging from the application of nonlinear systems theory. These models, which involve systemic choices, explore a broader range of institutional dynamics than those commonly associated with prevailing notions of “public choice.” They also explain a number of unique hybrid processes of public/private coordination and cooperation emerging in advanced industrial economies in Europe and Australasia

Business · Conceptualization · Economic system · Economics · Industrial organization · Management science · Political science · Sustainable development · Climate Change Policy and Economics · Complex Systems and Decision Making · Computer Science · Economic Theory and Institutions · Artificial Intelligence

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