Titlebook: Sustainability; Dynamics and Uncerta Graciela Chichilnisky,Geoffrey Heal,Alessandro Ver Book 1998 Springer Science+Business Media Dordrecht

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Stochastic Sustainability in the Presence of Unknown Parameters“the potential consumer of the applied… model must be reasonably convinced of the reliability… of the model and its parameters before he can have any degree of confidence in its results” (Lau, 1984, p. 135). Hence the need to consider both the parameter estimates and the measures of their reliabilit

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Book 1998 condition for sustainability, we would prefer to derive this as a characteristic of optimal solutions from more fundamental judgements about the valuation of stocks and flows: this is the route pursued by the papers in this volume. The introductory paper by Heal in Section I reviews these matters i

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g run as a condition for sustainability, we would prefer to derive this as a characteristic of optimal solutions from more fundamental judgements about the valuation of stocks and flows: this is the route pursued by the papers in this volume. The introductory paper by Heal in Section I reviews these matters i978-94-010-6051-6978-94-011-4892-4

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Interpreting Sustainability, and the concept is embodied in the resulting UN Framework Convention on Sustainable Development. In addition, the OECD, the UNCTAD, and the U.S. Presidential Council on Sustainable Development, and many other domestic and international policy-oriented institutions, are devoting time and energy to

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Global Environmental Risksbroken into many widely-dispersed parcels. Economic historians interpret this as a way of hedging climate risk (see references in Bromley [9]). Land in different locations would be affected differently by droughts, floods and frosts. By spreading land holdings over different locations, as well as by

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Sustainable Use of Renewable ResourcesSoils, clean water, landscapes, and the capacities of ecosystems to assimilate and degrade wastes are other less obvious examples.. All of these have the capacity to renew themselves, but in addition all can be overused to the point where they are irreversibly damaged. Picking a time-path for the us

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A Simple Model of Optimal Sustainable Growthl is typically achieved making the contribution to production due to the use of those factors depend upon the past accumulation of capital, be this physical, as in (Romer, 1986; Barro, 1990), or human, as in (Lucas, 1988). The purpose of this paper is to mimic such a technique to get sustainable gro