-efficiency across generations and sustainability, i.e. non-decreasing utility over time. Our model includes two salient characteristics … of sustainability problems and policy: (i) temporal irreversibility, i.e. the inability to re- vise one’s past actions …”. If initially unforeseen sustainability problems become apparent and policy is enacted after irreversible ac- tions were …

We study the determinants and interactions of sustainability and risk management with a cross-sectional dataset on … sustainability and risk management within this context, identify their determinants and analyse relevant interactions. Our results … interest groups or governmental support, instead, do not impact on the sustainability of the farm. Risk management itself is …