On the Normalization of Dimensioned Variables in Ecological Economics
DOI:
https://doi.org/10.37773/ees.v1i1.7Abstract
This essay reviews normalization and non-dimensionalization using canonical examples from economics and ecology. The key question we address is as follows: "whether or not the selected dimensional choice for a given expression has an operational meaning or relevance for the purpose [of] analysis" (Mayumi and Giampietro 2012, emphasis in original). We show that it is nontrivial to normalize dimensioned variables in analytically accurate models of economy-ecosystem interaction.
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Copyright (c) 2020 Deepak Malghan
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