TY - BOOK AU - Seo,S.Niggol TI - Micro-Behavioral Economics of Global Warming: Modeling Adaptation Strategies in Agricultural and Natural Resource Enterprises T2 - Advances in Global Change Research, SN - 9783319159461 AV - HD75.6 .S46 2015 U1 - 577.27 23 PY - 2015/// CY - India PB - Springer KW - Climate change KW - Ecosystems KW - Sustainable development KW - Climate Change KW - Climate Change/Climate Change Impacts KW - Sustainable Development N1 - Includes bibliographical references and index; Chapter 1 Introduction to the Micro-Behavioral Economics of Global Warming -- Chapter 2 The Theory of the Micro-Behavioral Economics of Global Warming -- Chapter 3 The G-MAP Models: Major Findings -- Chapter 4 Agro-Economic Models: Theory and Major Findings -- Chapter 5 Econometric Models of Yield Changes with Weather Shocks -- Chapter 6 Micro-Behavioral Decisions and Ecosystem Changes: A Multidisciplinary Integrated Framework -- Chapter 7 Wading into the Century of Global Warming and Adaptation Strategies N2 - This book presents a foundation for studying the micro-behavioral economics of global warming. The author develops an empirical model, named the Geographically-scaled Microeconometric model of Adapting Portfolios (G-MAP) in response to climatic changes and risks. The G-MAP model is applied to observed decisions of agricultural and natural resource enterprises in Sub-Saharan Africa and South America. The author describes the five applications of the model: the G-MAP animal species, the G-MAP agricultural systems, the G-MAP natural resource enterprises, the G-MAP climate risk, and the G-MAP public adaptations. The micro-behavioral economics of global warming and the G-MAP models are evaluated against the three alternative modeling traditions: The first is the Agro-Economic Models (AEM) based on crop simulations of selected crops under elevated CO2 conditions; The second is a family of econometric studies of grain yield changes caused by yearly weather fluctuations; The third is the Agro-Ecological Zone (AEZ) method hinged crucially on the AEZ classifications of ecosystems. The author offers a refreshing look at the traditional economics of global warming, unraveling a broad array of adaptation strategies adopted by managers of agricultural and natural resource enterprises in Sub-Saharan Africa and South America. The book demonstrates that the micro-behavioral economics dynamically integrates multiple disciplines in a cohesive way - including economics, psychology, climate science, ecosystem studies, agronomy, and animal science - into the decision-making framework of an individual agent. The G-MAP models provide a guide map of adaptation strategies for the humanity's enduring journey of battling global climatic changes in this century and beyond ER -