Interpreting Sustainability
SUSTAINABILITY: DYNAMICS AND UNCERTAINTY
Posted: 7 Jan 1997
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Abstract
Sustainability is an important, influential but elusive concept. I review concepts related to sustainability in earlier literature and then summarize and synthesize recent work on sustainability by Chichilnisky (1993), Beltratti, Chichilnisky and Heal (1994), and Heal (1993). This provides a basis for formalizing the concept and operationalizing it via shadow prices and associated accounting practices.
JEL Classification: E3, M4
Suggested Citation: Suggested Citation
Heal, Geoffrey M., Interpreting Sustainability. SUSTAINABILITY: DYNAMICS AND UNCERTAINTY, Available at SSRN: https://ssrn.com/abstract=4531
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