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 …

This paper summarizes assumptions made and results obtained in parts of the literature on welfare and sustainability … combinations. This taxonomy is used to organize results in welfare and sustainability accounting. The analysis illustrates how …

sustainability constraint, that utility should not be expected to decline over time, in an economy with risky investment … opportunities. The sustainability constraint does not distort portfolio choice and implies a consumption-wealth ratio and social …

towards sustainable finance. Six theories of sustainable finance were formulated, namely, the priority theory of sustainable … finance, the resource theory of sustainable finance, the peer emulation theory of sustainable finance, the life span theory of … sustainable finance, the positive signalling theory of sustainable finance, and the system disruption theory of sustainable …

This paper analyses Kantian cooperation of sustainability investments in a two-stage game. Firms’ behavior, Kantian … cooperation versus competition, is independent at each stage. Our findings indicate that Kantian cooperation in sustainability … investment results in lower sustainability levels, while Kantian cooperation in production leads to higher sustainability levels …