Mitra, Tapan; Asheim, Geir B; Buchholz, Wolfgang; … - Oxford Centre for the Analysis of Resource-Rich … - 2012
The Dasgupta-Heal-Solow-Stiglitz model of capital accumulation and resource depletion poses the following sustainability problem: is it feasible to sustain indenitely a level of consumption that is bounded away from zero? We provide a complete technological characterization of the sustainability...