Construct · 1 fields · 1 citations

safe minimum standard: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
safe minimumstandard1 CONSTRUCTSafe minimum standardBISHOP · ENVIRONMENTAL

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Environmental economics

a decision rule to preserve a minimum viable level of a resource or species unless the cost of doing so is unacceptably high.

In environmental economics, safe minimum standard refers to a decision rule to preserve a minimum viable level of a resource or species unless the cost of doing so is unacceptably high. This meaning comes from Bishop (1978) in American Journal of Agricultural Economics.[1]

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Nearby constructs

cost4 fields · 4 citationsjingle · one word, four constructslevel1 fields · 1 citationsanchor · a standalone constructresource4 fields · 6 citationsjingle · one word, four constructs

References

  1. Bishop, R. C. (1978). Endangered Species and Uncertainty: The Economics of a Safe Minimum Standard. American Journal of Agricultural Economics, 60(1), 10-18. https://doi.org/10.2307/1240156

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