The objective of this paper is eminently theoretical and aims to shed light on the way how the global market is dominated by antagonistic forces or actors (multinational corporations, ecological movements, national or supra-national governments) that create instability and chaotic fluctuations in natural resource and commodity markets with unpredictable impacts on the landscape-cultural mosaic. There is a contrast between the speed of financial actions, that operate with extremely fast times and repercussions, and the speed of ecological actions whose impact, especially on the landscape, is rather slow. The role of governments ends up following now one and now the other instance creating an additional factor of instability. Consequently, the effectiveness of the activities of the three actors overlaps, with different times, creating a system that even in the simplest cases has proven to lead to chaotic situations. The methodological reference will be to the Lotka- Volterra model which, as is well known, in the case of 2 actors leads to a situation of equilibrium, whereas when the actors are three or more gives rise to large ranges of deterministic chaos as supported also by Game theory.
THE ERRATIC BEHAVIOR OF THE NATURAL RESOURCES MARKET AND THE IMPACT ON THE LANDSCAPE-CULTURAL MOSAIC
Chang, Ting Fa Margherita;Iseppi Luca
2017-01-01
Abstract
The objective of this paper is eminently theoretical and aims to shed light on the way how the global market is dominated by antagonistic forces or actors (multinational corporations, ecological movements, national or supra-national governments) that create instability and chaotic fluctuations in natural resource and commodity markets with unpredictable impacts on the landscape-cultural mosaic. There is a contrast between the speed of financial actions, that operate with extremely fast times and repercussions, and the speed of ecological actions whose impact, especially on the landscape, is rather slow. The role of governments ends up following now one and now the other instance creating an additional factor of instability. Consequently, the effectiveness of the activities of the three actors overlaps, with different times, creating a system that even in the simplest cases has proven to lead to chaotic situations. The methodological reference will be to the Lotka- Volterra model which, as is well known, in the case of 2 actors leads to a situation of equilibrium, whereas when the actors are three or more gives rise to large ranges of deterministic chaos as supported also by Game theory.File | Dimensione | Formato | |
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