Abstract
The word bioeconomics (sometimes bionomics) has been used to describe two separate fields of investigation: (a) the economics of biological systems – that is the ways in which biological organisms and communities utilize scarce resources such as space, time, and sources of sustenance; and (b) biological resource economics – the ways in which the economic activities of human societies interact with the dynamics of biological systems. Bioeconomics is thus either a branch of biology (Wilson 1975; May 1981; Krebs and Davies 1984), or of economics (Clark 1976). For further discussion of the second interpretation. See Renewable Resources.
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Clark, C.W. (2018). Bioeconomics. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_602
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DOI: https://doi.org/10.1057/978-1-349-95189-5_602
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