What is sustainable development?
Part of a special issue on sustainable development. Two axioms are introduced that capture the idea of sustainable development—requiring that neither the present nor the future should play a dictatorial role in society's choices—and the welfare criterion that they imply is characterized. Two theor...
| Publicado en: | Land Economics Vol. 73; pp. 467 - 492 |
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| Formato: | Artículo |
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University of Wisconsin Press
November 1997
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=510861690&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 510861690 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00237639 LAE jtl: Land Economics issn: 00237639 maglogo: N pubinfo: dt: November 1997 vid: 73 pid: 249 pub: University of Wisconsin Press artinfo: ui: 510861690 10.2307/3147240 ppf: 467 ppct: 25 formats: fmt: @attributes: type: T tig: atl: What is sustainable development? aug: au: Chichilnisky, Graciela su: Utility theory Sustainable development Mathematical models Intergenerational relations Economics sug: subj: Utility theory Sustainable development Mathematical models Intergenerational relations Economics ab: Part of a special issue on sustainable development. Two axioms are introduced that capture the idea of sustainable development—requiring that neither the present nor the future should play a dictatorial role in society's choices—and the welfare criterion that they imply is characterized. Two theorems show that sustainable preferences that satisfy these axioms exist, and a full characterization is provided. A further three axioms study a standard dynamical system representing the growth of a renewable-resource economy, give a “turnpike” theorem, and exhibit the difference between sustainable optima and the ones according to discounted utilitarianism. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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