Purpose – Multiple connotations and conceptions of health need are currently in use. The purpose of this paper is to specify some important distinctions regarding this confusing multiplicity in a taxonomic fashion relevant to the economic problems that arise in addressing health need....

The study of resource allocation in market venues is taken up in a comparative framework of neoclassical and various social contractarian theories. It is shown that economic theory does not have an explanation of substantive interactions among agents and variables as it does among society,...

Purpose – Multiple connotations and conceptions of health need are currently in use. The purpose of this paper is to specify some important distinctions regarding this confusing multiplicity in a taxonomic fashion relevant to the economic problems that arise in addressing health need....

Reviews the discount rate controversy, and examines sustainability theory and optimal growth theory, tracing the rise in prominence of the former and the decline of the latter. Presents the rule‐of‐thumb interpretation of sustainability criteria, and proposes a utilitarian approach,...

Reports that while overconsumption of the world’s natural resources is a problem in developed nations, it is population growth and biological resource depletion that are the bane of developing nations. Uses India as an example for discussing biodiversity, natural resource issues and ecosystem...

Purpose – To protect against the increasing environmental degradation many agents choose today to replace consumption of depleted environmental goods with that of privately produced substitute goods. The present paper aims to highlight how this “self-protective” behaviour that is...

Purpose – The purpose of this paper is to evaluate the accounts of self- and world-ownership in the social philosophy of Henry George, and a Georgist social theorist Nicolaus Tideman. Design/methodology/approach – The accounts of George and Tideman are evaluated using the tool of conceptual...