sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a … complete technological characterization of the sustainability problem in this model without reference to the time path. As a … byproduct we show general existence of a maximin optimal path under weaker conditions that those employed in previous work. Our …

sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a … complete technological characterization of the sustainability problem in this model without reference to the time path. As a … byproduct we show general existence of a maximin optimal path under weaker conditions that those employed in previous work. Our …

characterization result to establish general existence of a maximin path. …

The dynamics of a population and a resource are investigated in a maximin model based on Brander and Taylor …’s stylization of Easter Island, in order to consider the sustainability of the society represented. There are continua of both … regular and non-regular maximin solutions, the type depending on the initial conditions. A non-regular maximin steady state …

the feasibility conditions under which a fishery manager can achieve sustainability objectives which simultaneously … stock, we compute the maximin effort for a given set of agents and we derive the maximal number of active agents for a given …

the sustainability of economic trajectories which differ from the maximin path. Attention is especially paid to non … sustainability in imperfect economies, based on maximin prices. …The maximin criterion defines the highest utility level that can be sustained in an intergenerational equity …

determine the feasibility conditions under which a fishery manager can achieve sustainability objectives which simultaneously … the maximin effort for a given set of agents and we derive the maximal number of active agents for a given guaranteed …

result allows us to extend the maximin approach beyond optimality and characterize the sustainability of other economic … trajectories. In particular, we show how the maximin value and viability kernel can be combined as sustainability indicators along …The maximin criterion defines the highest utility level which can be sustained in an intergenerational equity …