Ecological, evolutionary and economic issues involved in introducing genetically modified organisms (GMOs), mainly in agriculture, are discussed. The ecological and evolutionary impacts identified hamper (economic) valuation of GMOs and their biosafety regulation and creates difficulties for...

The most widely accepted view of sustainable economic development is that it is economic development ensuring that each succeeding generation is no less well off than its predecessor. This mainstream approach, however, has several limitations. It can, for example, result in a development path...

Indicates some of the different concepts of sustainable economic development and raises queries about how much present generations are concerned with future generations. A variety of conditions (ranging from very weak to very strong) have been suggested for achieving sustainable development....

Biodiversity is usually regarded as an asset or resource, the stock of which is partly natural and partly determined by humans. Humans both subtract from and add to this stock and consequently, the change in the stock is heterogeneous. This heterogeneity is not taken account of by some authors...

Provides some background on concerns about the sustainability of agriculture, outlines and discusses views about what constitutes sustainable agriculture and contrasts the sustainability of modern industrialised agriculture with that of traditional agriculture. Then the question is considered...

The goal of this paper is to provide a definition of the concept of sustainability with the level of rigor and clarity of neoclassical theory, based on two axioms that ensure equal treatment of the present and the future introduced by the author. We discuss applications to markets, business...