This paper discusses the proper scope of green economics using the current position of older people in the UK as an example. It begins within conventional economics, where the main debate about older people is a financial phenomenon, the so-called pensions crisis. It then considers that debate...

This paper discusses the proper scope of green economics using the current position of older people in the UK as an example. It begins within conventional economics, where the main debate about older people is a financial phenomenon, the so-called pensions crisis. It then considers that debate...

The paper examines the influence of factor price risk on factor-use efficiency through the adoption of conservation technology. The effect of a mean-preserving increase in factor price risk on optimal input-use efficiency is shown to be conditional on the own-price elasticity of factor use...