Utopia competition: A new approach to the micro-foundations of sustainability transitions

Almudi, I, Fatas-Villafranca, F and Potts, J 2016, 'Utopia competition: A new approach to the micro-foundations of sustainability transitions', Journal of Bioeconomics, vol. 19, pp. 165-185.


Document type: Journal Article
Collection: Journal Articles

Title Utopia competition: A new approach to the micro-foundations of sustainability transitions
Author(s) Almudi, I
Fatas-Villafranca, F
Potts, J
Year 2016
Journal name Journal of Bioeconomics
Volume number 19
Start page 165
End page 185
Total pages 21
Publisher Springer New York LLC
Abstract We present a new evolutionary political economy approach to the study of transition dynamics based on a co-evolutionary model of differential citizen contributions to competing 'utopias'-market fundamentalism, socialism, and environmentalism. We model sustainability transitions as an outcome of 'utopia competition' in which environmentalism manages to coexist with the market, while socialism vanishes. Our simulation-based framework suggests that the individual economic contributions of citizens to the battle of ideas-both the distribution within a utopia, and the interaction between different utopias-are crucial but much overlooked micro-factors in explaining the dynamics of sustainability transitions.
Subject Heterodox Economics
Environment and Resource Economics
DOI - identifier 10.1007/s10818-016-9239-2
Copyright notice © Springer Science+Business Media New York 2016
ISSN 1387-6996
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