As the debate about the meaning of sustainable development matures, the links between environmental and social sustainability are becoming clearer. Environmental degradation frequently leads to social instability and vice-versa. Recent studies of past civilizations show a disturbing and...

This paper is an attempt to place oligopoly price stickiness into a pure uncertainty framework. Using the concept of the "reliability ratio," developed by Robert Heiner, the authors are able to show that price stickiness is a rational response to the demand uncertainty generated by oligopolistic...

Economic and evolutionary thinking have been entwined throughout their histories, but evolutionary theory does not function as a general theoretical framework for economics and public policy, as it does for the biological sciences. In this lead article for a special issue of the Journal of...

This timely Handbook reviews many key issues in the economics of energy and climate change, raising new questions and offering solutions that might help to minimize the threat of energy-induced climate change.

The intellectual histories of economics and evolutionary biology are closely intertwined because both subjects deal with living, complex, evolving systems. Because the subject matter is similar, contemporary evolutionary thought has much to offer to economics. In recent decades theoretical...

The meaning of sustainability is the subject of intense debate among environmental and resource economists. Perhaps no other issue separates more the traditional economic view of the natural world from the views of most natural scientists. The debate currently focuses on the substitutability...

We consider the microfoundations controversy from the perspective of economic evolution and show that the debate can benefit from lessons learned in evolutionary biology. Although the analogy between biology and economics has been noted before, it has rarely focused on clarifying the micro-...