sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a … complete technological characterization of the sustainability problem in this model without reference to the time path. As a … byproduct we show general existence of a maximin optimal path under weaker conditions that those employed in previous work. Our …

sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a … complete technological characterization of the sustainability problem in this model without reference to the time path. As a … byproduct we show general existence of a maximin optimal path under weaker conditions that those employed in previous work. Our …

sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a … complete technological characterization of the sustainability problem in this model without reference to the time path. As a … byproduct we show general existence of a maximin optimal path under weaker conditions that those employed in previous work. Our …

sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a … complete technological characterization of the sustainability problem in this model without reference to the time path. As a … byproduct we show general existence of a maximin optimal path under weaker conditions that those employed in previous work. Our …

for the maximin and zero-discounting cases and present closed form solutions for the case where the production function …

We frame sustainability problems as bargaining problems among stakeholders who have to agree on a common development … conditions under which such a subset of alternatives is computable. We apply our framework to dynamic sustainability problems. We …

sustainability objective. As a first step toward the derivation of such shadow values for a maximin objective, this paper studies an …Evaluating the sustainability of a society requires a system of shadow or accounting values derived from the … substitutability and perfect complementarity. The degree of substitutability has strong effects on the maximin solution, affecting the …

We frame sustainability problems as bargaining problems among stakeholders who have to agree on a common development … conditions under which such a subset of alternatives is computable. We apply our framework to dynamic sustainability problems. We …

The dynamics of a population and a resource are investigated in a maximin model based on Brander and Taylor …’s stylization of Easter Island, in order to consider the sustainability of the society represented. There are continua of both … regular and non-regular maximin solutions, the type depending on the initial conditions. A non-regular maximin steady state …

accounting as derived in many empirical models is not appropriate for studying sustainability. Maximin is a consistent foundation … generalization of the notion of sustainability and can be analyzed using a generalization of maximin. … green accounting in terms of social utility. Sustainability is a different type of social objective. Consequently, green …