Pulselli, Federico M.; Bravi, Mirko; Tiezzi, Enzo - In: Journal of Economic Behavior & Organization 81 (2012) 3, pp. 766-778
The Index of Sustainable Economic Welfare (ISEW) was introduced by Daly and Cobb in 1989 in order to integrate the information embodied in GDP. Since economic growth implies externalities and market failures, and a portion of it can be defined as “uneconomic”, the ISEW method introduces some...
