This groundbreaking book takes a fresh look at how environmental problems emerge from economic activity and how they may be addressed in a responsible and sustainable manner. At its centre is the concept of joint production. This captures the phenomenon whereby several effects necessarily emerge...

We clarify the definition and interpretation of sustainability economicsʺ (Baumgärtner and Quaas, 2010) in response to recent comments by van den Bergh (2010), Bartelmus (2010) and others. For that sake, we distinguish between general and specific definitions of sustainability and...

While economists have been contributing to the discussion of various aspects of sustainability for decades, it is just recently that the term sustainability economicsʺ was used explicitly in the ecological, environmental, and resource economics community. Yet, the contributions that use the...

Strong sustainability, according to the common definition, requires that different natural and economic capital stocks be maintained as physical quantities separately. Yet, in a world of uncertainty this cannot be guaranteed. To therefore define strong sustainability under uncertainty in an...