of sustainability while establishing a consistent system of units for both the solar flux and economic transformation … processes. Conditions for a virtuous cycle dynamic in relation to sustainability is expressed, adhering to non …

sustainability be rejected. This criterion is not forward-looking: positive current genuine savings do not rule out ’genuine … limiting sustainability condition in the capital-resource model: if the sum of the rates of resource regeneration and …

. While temptation is commonly understood to give rise to a demand for commitment, it is shown that `temptation by future … preference reversals supports temptation by future consumption, and suggests that it may not be restricted to short time horizons. …

Choice may be determined both by a consideration of one's welfare (normative preference) and by desires (temptation … preference). To provide foundations for such a theory, Gul and Pesendorfer (2001, 2004) adopt a preference over choice problems … as a primitive and hypothesize that temptation creates a preference for commitment. This paper argues that temptation may …