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This paper summarises some of the challenges to science that are posed by the search for sustainability. These challenges are not only technical ones, such as more affordable or reliable equipment for health care, water quality control and refrigeration. There are also fundamental empirical and...
Persistent link: https://www.econbiz.de/10008563891
The harnessing of science and technology as forces for sustainable development depends on processes that will ensure the involvement of all appropriate scientific input and expertise in problem identification and response. Scientific excellence and integrity need to be combined with a close...
Persistent link: https://www.econbiz.de/10008563903
New physical constraints emerged in the 20th century and are changing the decision criteria used until now. Two optimisation problems are equivalent: (1) maximising discounted utility with a long-run survival constraint and (2) maximising a new type of utility that treats the present and future...
Persistent link: https://www.econbiz.de/10005048912
The present acceleration of environmental destruction can be linked to the economic trading strategies that came into vogue after World War II. The theory of comparative advantages of trade, which recommends that developing countries emphasize resource exports and exports of labor-intensive...
Persistent link: https://www.econbiz.de/10005619441
We consider here optimal use patterns for renewable resources and address the problem of optimal use of renewable resources under a variety of assumptions both about the nature of the economy in which these resources are embedded and about the objective of that economy. Although we focus here on...
Persistent link: https://www.econbiz.de/10005621841
Economics often provides the wrong incentives to those who control the assets, such as people in developing countries where most forests are located and who could potentially benefit most from conservation . There is increasing unease about this situation, and an emerging view is that standard...
Persistent link: https://www.econbiz.de/10005622013
Persistent link: https://www.econbiz.de/10010755496