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The dynamics of consumer behavior and the transition to sustainable consumption patterns
Witt, Ulrich - 2011
Strong growth in disposable income has driven, and is still driving, consumption to unprecedented, but not sustainable levels. To explain the dynamic interplay of needs, need satisfaction, and innovation underlying that growth a behavioral theory of consumption is suggested and discussed with...
Persistent link: https://www.econbiz.de/10010286761
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The dynamics of consumer behavior and the transition to sustainable consumption patterns
Witt, Ulrich - 2011
patterns of consumer behavior. -- consumption ; growth ; sustainability ; satiation ; innovation ; welfare …
Persistent link: https://www.econbiz.de/10008935663
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Sustainability with Risky Growth
Love, David A.; Phelan, Gregory - 2023
We investigate the fundamental determinants of sustainability in general equilibrium. We adopt a definition of … sustainability that requires that the welfare of future generations is not expected to decrease on average. We then use a stochastic … equilibrium, sustainability boils down to supply-side factors, with increased growth, decreased consumption risk, and greater …
Persistent link: https://www.econbiz.de/10014255987
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A Green Solowian Model for Sustainable Economic Growth
Francesconi, Mauro - 2012
This paper examines whether a non-instantaneous relationship between CO2 emission and temperature increase can affect asymptotic stability in a Golden rule context, when utility is not only determined by the level of per capita consumption but also allows for the negative influence of the...
Persistent link: https://www.econbiz.de/10013110759
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Structural change of production and consumption: A micro to macro approach to economic growth and income distribution
Ciarli, Tommaso; Lorentz, André; Savona, Maria; … - 2008
We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop an evolutionary model with agentbased...
Persistent link: https://www.econbiz.de/10010328363
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The effect of consumption and production structure on growth and distribution : a micro to macro model
Ciarli, Tommaso; Lorentz, André; Savona, Maria; … - 2008
The paper contributes to the literature on the relation between structural changes in demand and supply and growth. We develop a macro-economic model with agent-based micro-foundations that articulates the links between production and organisational structures on the supply side, and the...
Persistent link: https://www.econbiz.de/10003875558
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Structural change of production and consumption : a micro to macro approach to economic growth and income distribution
Ciarli, Tommaso; Lorentz, André; Savona, Maria; … - 2008
We propose a theoretical model/framework for the analysis of the concomitant effects of structural changes in both production and consumption, on long run economic growth and income distribution. To accomplish with such a broad aim, we develop an evolutionary model with agentbased...
Persistent link: https://www.econbiz.de/10003746256
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The Boasting Effect : How Interpersonal Utility Affects Stock Prices
Hammerich, Ulrich - 2015
Can stock price movements be traced back partially to interpersonal utility effects? That is, are shareholders also chasing nonfinancial goals apart from generating profit under risk that can be ascribed neither to findings of behavioral finance nor to traditional economical theories? Inspired...
Persistent link: https://www.econbiz.de/10013021105
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Konsum: der Kern des Wachstumsmotors
Røpke, Inge - In: Postwachstumsgesellschaft : Konzepte für die Zukunft, (pp. 103-115). 2010
Persistent link: https://www.econbiz.de/10008658382
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Climate change, economic growth, and health
Ikefuji, Masako; Magnus, Jan R.; Sakamoto, Hiroaki - 2010
This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous regions, labeled 'West' (cold and rich), 'China' (cold and poor), 'India' (warm and poor), and 'Africa' (warm and very poor). We introduce health impacts into a simple integrated...
Persistent link: https://www.econbiz.de/10010332438