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However, there is one fundamental difference between the stock market and an ecological regime shift. Where stock markets usually bounce back, ecological regime shifts cause long-lasting changes to the ecosystem.
Furthermore, they are notoriously difficult to predict. They often come as a surprise, and by the time society realizes what is happening, it is often too late or too costly to reverse the changes. However, new research offers a glimmer of hope, arguing that changes in ecological time series (such as increased variability) can provide early warning of impending regime shifts.
About Oonsie Biggs
Oonsie Biggs is a postdoctoral researcher at the Resilience Centre. Her research at the Centre focuses on identifying and managing thresholds in social-ecological systems.
Her research provides practical scientific theory, methods and insights that can improve society's ability to anticipate high-impact tipping points, and build resilience to undesirable changes.