Economic theory and sustainable development: what can we preserve for future generations?
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
London [u.a]
Routledge
2012
|
| Edition: | 1. publ. |
| Series: | Routledge studies in ecological economics
19 |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis Inhaltsverzeichnis |
| Physical Description: | XIII, 203 S. graph. Darst. |
| ISBN: | 9780415544771 9780203121221 |
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Record in the Search Index
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| adam_text | Titel: Economic theory and sustainable development
Autor: Martinet, Vincent
Jahr: 2012
Contents
List of figures x
Preface xii
Overview 1
1 General introduction 7
1.1 The economics of sustainability 7
1.2 Mathematical formalism 10
1.3 Benchmark modeis 11
1.4 Outline ofthe book 16
PART I
The sustainability issue in the economic literature 17
2 The sustainability issue and sustainability concepts 19
2.1 Environmental issues 19
2.2 From weaksustainability ... 22
2.3 ... tostrongsustainability 24
2.4 The question of substitutability as the main point of
Opposition 25
2.5 Intertemporal concerns and intergenerational equity 27
3 The economics of intertemporal decisions 29
3.1 Consumption and savings 29
3.2 Time preferences and the discount rate 34
3.3 Optimal growth theory 39
3.4 The axiomatic approach to intertemporal choices 43
3.5 Optimal growth theory and sustainable development 47
viii Contents
4 The emergence of sustainability criteria 49
4.1 Discounted Utility 50
4.2 Undiscounted Utility 57
4.3 The maximin criterion 61
4.4 The green golden rule 65
4.5 The Chichilnisky criterion 67
4.6 The mixed Bentham-Rawls criterion 71
4.7 Sustainable consumption and Investment 72
5 Some comments on key results ... and misleading
interpretations 74
5.1 Maximin criterion, Solow s model and Hartwick s rule 74
5.2 The generalized Hartwick rule 77
5.3 Genuine savings: a step toward the practice of
sustainability? 78
5.4 Some comments on misleading points 79
5.5 To sum up on Hartwick s rule and genuine savings 87
6 What can we preserve for future generations? 89
6.1 Conservation in neoclassical optimal growth problems with
sustainability constraints 90
6.2 Conservation with alternative sustainability criteria 92
6.3 Weif are measurement 95
6.4 Conclusion ofPart I 99
PART II
Invariance theories and sustainable development 103
7 Invariance in growth theory 105
7.1 A glimpse at group theory and invariance 106
7.2 Invariance in economic theory 114
7.3 Invariance in the cake-eating economy 115
7.4 Invariance in the production-consumption economy with
nonrenewable resources 118
7.5 Sustainable development and conservation laws 123
7.6 Technical appendixon the use ofNoether stheorem 125
8 Weak invariance: the viability approach 130
8.1 The viability theory and its Interpretation in sustainability
terms 131
8.2 Sustainability of the production-consumption economy: the
viability approach 136
Contents ix
8.3 Sustainability seen as viable development 142
8.4 Viability and optimization criteria 152
8.5 Technical appendix on viability 156
9 What we can preserve for future generations 161
9.1 Defining sustainability objectives as constraints 162
9.2 The inverse viability problem 165
9.3 Achievable sustainability objectives in the
production-consumption economy 167
9.4 On the normative choice of sustainability thresholds 169
9.5 A practical step toward sustainability ? 175
9.6 Addressing the sustainability issue with prices or quantities ?
177
10 General conclusion 180
Notes 182
Bibliography 195
Index 202
|
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| dewey-search | 338.9/27 |
| dewey-sort | 3338.9 227 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften Geographie |
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| id | DE-604.BV039614632 |
| illustrated | Illustrated |
| indexdate | 2024-07-10T00:07:28Z |
| institution | BVB |
| isbn | 9780415544771 9780203121221 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-024465187 |
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| physical | XIII, 203 S. graph. Darst. |
| psigel | UBM-RCC |
| publishDate | 2012 |
| publishDateSearch | 2012 |
| publishDateSort | 2012 |
| publisher | Routledge |
| record_format | marc |
| series | Routledge studies in ecological economics |
| series2 | Routledge Studies in ecological economics |
| spelling | Martinet, Vincent Verfasser aut Economic theory and sustainable development what can we preserve for future generations? Vincent Martinet 1. publ. London [u.a] Routledge 2012 XIII, 203 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Routledge Studies in ecological economics 19 Wirtschaftsethik (DE-588)4066439-9 gnd rswk-swf Umweltökonomie (DE-588)4061638-1 gnd rswk-swf Nachhaltigkeit (DE-588)4326464-5 gnd rswk-swf Wirtschaftstheorie (DE-588)4079351-5 gnd rswk-swf Nachhaltigkeit (DE-588)4326464-5 s Wirtschaftstheorie (DE-588)4079351-5 s DE-188 Umweltökonomie (DE-588)4061638-1 s Wirtschaftsethik (DE-588)4066439-9 s DE-604 Routledge studies in ecological economics 19 (DE-604)BV035140303 19 DE-601 pdf/application http://www.gbv.de/dms/zbw/670558400.pdf Inhaltsverzeichnis HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=024465187&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Martinet, Vincent Economic theory and sustainable development what can we preserve for future generations? Routledge studies in ecological economics Wirtschaftsethik (DE-588)4066439-9 gnd Umweltökonomie (DE-588)4061638-1 gnd Nachhaltigkeit (DE-588)4326464-5 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
| subject_GND | (DE-588)4066439-9 (DE-588)4061638-1 (DE-588)4326464-5 (DE-588)4079351-5 |
| title | Economic theory and sustainable development what can we preserve for future generations? |
| title_auth | Economic theory and sustainable development what can we preserve for future generations? |
| title_exact_search | Economic theory and sustainable development what can we preserve for future generations? |
| title_full | Economic theory and sustainable development what can we preserve for future generations? Vincent Martinet |
| title_fullStr | Economic theory and sustainable development what can we preserve for future generations? Vincent Martinet |
| title_full_unstemmed | Economic theory and sustainable development what can we preserve for future generations? Vincent Martinet |
| title_short | Economic theory and sustainable development |
| title_sort | economic theory and sustainable development what can we preserve for future generations |
| title_sub | what can we preserve for future generations? |
| topic | Wirtschaftsethik (DE-588)4066439-9 gnd Umweltökonomie (DE-588)4061638-1 gnd Nachhaltigkeit (DE-588)4326464-5 gnd Wirtschaftstheorie (DE-588)4079351-5 gnd |
| topic_facet | Wirtschaftsethik Umweltökonomie Nachhaltigkeit Wirtschaftstheorie |
| url | http://www.gbv.de/dms/zbw/670558400.pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=024465187&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV035140303 |
| work_keys_str_mv | AT martinetvincent economictheoryandsustainabledevelopmentwhatcanwepreserveforfuturegenerations |
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