We develop a theoretical framework to assess sheries management strategies from a sustainability perspective, when the bioeconomic dynamics are marked by uncertainty. Using stochastic viability, management strategies are ranked according to their probability to satisfy economic and ecological...

Land use change is a main driver of biodiversity erosion, especially in agricultural landscapes. Incentive-based land-use policies aim at influence land-use pattern, and are usually evaluated with habitat suitability scores, without accounting explicitly for the ecology of the studied...

Two of the challenges of thinking sustainability are how to deal with potentially conicting issues and how to ensure intergenerational equity. In practice, policymakers define sustainability objectives by setting thresholds that act as constraints on indicators. When defining a specific...

This paper examines how the viability approach can be used to define sustainability goals. In an economic model with a non renewable natural resource, we define minimal rights to be guaranteed for all generations. These rights can include a minimal consumption (economic goal) and the...

Economic analysis addresses risk and long-term issues with discounted expected utility, focusing on optimality. Viability theory is based on sustainability constraints to be satisfied over time, focusing on feasibility. We make a bridge between these two approaches by showing that viability is...

This paper develops a formal analysis of the recovery processes for a fishery, from undesired to desired levels of sustainable exploitation, using the theoretical framework of viability control. We define sustainability in terms of biological, economic and social constraints which need to be met...

A central issue in the study of sustainable development is the interplay of growth and sacrifice in a dynamic economy. This paper investigates the relationship among current consumption, growth, and sustained consumption in two canonical, stylized economies and in a more general context. It is...

Biofuel policies (blend mandate or tax credit) have impacts on food and energy prices, and on land-use. The magnitude of these effects depends on the market response to price, and thus on the agricultural supply curve, which, in turn, depends on the land availability (quantity and agronomic...

We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...

We present a new class of dynamic bargaining problems, called "bargaining problems with intertemporal maximin payoffs," that may reflect sustainability problems having to encompass conflicting issues in the long-run. Each bargainer (or stake-holder) has a representative indicator, namely a...