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Interpreting sustainability in economic terms: Dynamic efficiency plus intergenerational equity

Stavins, Robert N.; Wagner, Alexander F.; Wagner, Gernot - 2002

concept of “sustainability.” We relate such a definition of sustainability to well known concepts from neoclassical economics …-temporal realm, we find that dynamic efficiency is a necessary but not sufficient condition for a notion of sustainability that has … normative standing as a goal for public policy. We define sustainability as dynamic efficiency plus intergenerational equity …

Persistent link: https://www.econbiz.de/10011335736

Green national accounting: Synthesising and extending the welfare based and sustainability-standard based approaches

Markandya, Anil; Mason, Pamela; Tamborra, Marialuisa - 2000

compatible with achieving environmental sustainability. Both approaches deliver policy-relevant information and a comparison of …

Persistent link: https://www.econbiz.de/10011608657

Towards a typology of "environmentally-adjusted" national sustainability indicators: Key concepts and policy application

O'Connor, Martin - 2000

This paper first describes two types of adjustments to National Accounting Systems, which take the environment into account: the first type centres on accounting conventions, through a change in the system boundary, in order to include specified categories of environmental assets (called...

Persistent link: https://www.econbiz.de/10011608658

Sustainable Development Data Availability on the Internet

Caratti, Pietro; Ferraguto, Ludovico - 2006

Defining what Sustainability and Sustainable Development mean is a critical task, as they are global objectives, which …

Persistent link: https://www.econbiz.de/10010312396

Sustainability and Optimality in Economic Development: Theoretical Insights and Policy Prospects

Farzin, Y. Hossein - 2007

This paper takes sustainability to be a matter of intergenerational welfare equality and examines whether an optimal … practical, especially in the context of developing countries. The maximin criterion of sustainability may be more appealing to …

Persistent link: https://www.econbiz.de/10010312409

Intellectual property and biodiversity: When and where are property rights important?

Sarr, Mare; Swanson, Tim - 2011

An important issue in the life sciences industries concerns the nature of the incentive mechanism that should govern the production of innovation within this R&D sector. We look at the specific problem of coordinating the supply of inputs across very different agents - North and South - that...

Persistent link: https://www.econbiz.de/10010279646

Thirteen Plus One: A Comparison of Global Climate Policy Architectures

Aldy, Joseph E.; Barrett, Scott; Stavins, Robert N. - 2003

We critically review the Kyoto Protocol and thirteen alternative policy architectures for addressing the threat of global climate change. We employ six criteria to evaluate the policy proposals: environmental outcome, dynamic efficiency, cost effectiveness, equity, flexibility in the presence of...

Persistent link: https://www.econbiz.de/10011325094

Evaluating Projects and Assessing Sustainable Development in Imperfect Economies

Arrow, Kenneth; Dasgupta, Partha; Mäler, Karl-Göran - 2003

We are interested in three related questions: (1) How should accounting prices be estimated? (2) How should we evaluate policy change in an imperfect economy? (3) How can we check whether intergenerational well-being will be sustained along a projected economic programme? We do not presume that...

Persistent link: https://www.econbiz.de/10011325136

Increasing participation and compliance in international climate change agreements

Barrett, Scott; Stavins, Robert - 2002

Scientific and economic consensus increasingly points to the need for a credible and cost-effective approach to address the threat of global climate change, but the Kyoto Protocol to the U.N. Framework Convention on Climate Change appears incapable of inducing significant participation and...

Persistent link: https://www.econbiz.de/10011335765

Risk Communication and public perception of technological hazards. First Volume

Recchia, Virginia - 1999

Research on risk communication relates basic risk perception studies to the formulation of policies, the currently evolving legislation dealing with hazards, the key issues of public involvement, the risk and environmental management. Risk communication is a relatively new field based on a...

Persistent link: https://www.econbiz.de/10011608544

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