Books
1998

Sustainability: dynamics and uncertainty


Type: International
Authors: Graciela Chichilnisky, Geoffrey M. Heal, Alessandro Vercelli
Publisher: Kluwer Academic, Series on Economcs, Energy, Environment
Date: 1998

Abstract

This volume provides a rigorous and analytical perspective on the pressing issue of making economic progress consistent with environmental conservation. It proposes formal definitions of sustainability, embeds them in dynamic models and models of uncertainty, and explores the concepts and their implications. It presents a wide-ranging approach to formalising sustainabilily and bringing it within the realm of economic theory. Environmental sustainability of growth depends on the interactions between the biosphere and the process of economic growth. The analysis of the dynamics of such a complex system requires the use of sophisticated dynamic methods in order to take account of the most relevant implications for social welfare, such as the relationship between economics and ethics, intergenerational distribution of resources, and the impact of economic policy on environmental conservation. The complexity of the object of the analysis involves a high degree of uncertainty coupled with a serious risk of irreversibility of the consequences of present decisions. Therefore, environmental risks are often very difficult to analyse and control. These problems may be faced and solved only by developing new ideas and approaches, some of which are explored in this book.  

Contributors: R. Abraham, M.Basili, A. Beltratti, G. Cazzavillan, G. Chichilnisky, M. Di Matteo, G. M. Heal, G. Marini, I. Musu, R. Record, P. Scaramozzino, L. Torsello, M.P. Tucci, A. Vercelli

FEEM Update

Subscribe to stay connected.

Your personal data will be processed by Fondazione Eni Enrico Mattei. – data Controller – with the aim of emailing the FEEM newsletter. The use of Your email address is necessary for the implementation of the newsletter service. You are invited to read the Privacy Policy in order to obtain additional information about the protection of Your rights.

This Website uses technical cookies and cookie analytics, as well as “third party” profiling cookies.
If you close this banner or you decide to continue navigating on this Website, you express consent to the use of cookies. If you need additional information or you wish to express selective choices on the use of cookies, please refer to the   Cookie PolicyI agree