This paper incorporates hierarchical structure into the neoclassical theory of the firm. Firms are hierarchical in two respects: the organization of workers in production and the wage structure. The firm’s hierarchy is represented as a sector of a circle, where the radius represents the...

Ecological, evolutionary and economic issues involved in introducing genetically modified organisms (GMOs), mainly in agriculture, are discussed. The ecological and evolutionary impacts identified hamper (economic) valuation of GMOs and their biosafety regulation and creates difficulties for...

The most widely accepted view of sustainable economic development is that it is economic development ensuring that each succeeding generation is no less well off than its predecessor. This mainstream approach, however, has several limitations. It can, for example, result in a development path...

In this paper, I shall consider the global historical, intellectual and policy context to which biodiversity, conservation and sustainable development in north-east India needs to be related and consider these matters within Asia, especially south Asia. Attention will then be given to specific...

N.E. India consists of seven hill states: Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. Of these, Assam is the least hilly since much of it lies in the plains of the Brahmaputra river system. Most of N.E. India, however, consists of hills or mountains deeply...

Indicates some of the different concepts of sustainable economic development and raises queries about how much present generations are concerned with future generations. A variety of conditions (ranging from very weak to very strong) have been suggested for achieving sustainable development....