Showing 1 - 4 of 4
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...
Persistent link: https://www.econbiz.de/10010992373
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...
Persistent link: https://www.econbiz.de/10005635082
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...
Persistent link: https://www.econbiz.de/10005763161
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...
Persistent link: https://www.econbiz.de/10008865900