Burnett, Kimberly; Endress, Lee; Ravago, Majah-Leah; … - Department of Economics, University of Hawaii-Manoa - 2011
, dynamic efficiency leads to sustainability of renewable resources but not the other way around. For the economic …-ecological system as a whole, dynamic efficiency and intergenerational equity similarly lead to sustainability, but ad hoc rules of … sustainability may well lead to sacrifices in human welfare. We then address the challenges of extending economic sustainability to …