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Author: | Li, C.-Z. Löfgren, K.-G. |
Title: | Renewable resources and economic sustainability: a dynamic analysis with heterogeneous time preferences |
Journal: | Journal of Environmental Economics and Management
2000 : NOV, VOL. 40:3, p. 236-250 |
Index terms: | Renewable resources Sustainable development |
Language: | eng |
Abstract: | It is attempted to formalize a model of sustainaable resource management reminiscent of the Chichilnisky formulation. However, unlike Chichilnisky and Heal who treat the present and the future as two disjointed sets, the two concepts are handled as comparable to Plato's brightness and darkness version of the world. |
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