Sustainability : Dynamics and Uncertainty

There are many complex and interesting economic issues that arise when we consider how best to manage the "global commons" as privately produced public goods. This text aims to deal with many of the related issues.

Editors'' Introduction. 1st Section: Overview. Interpreting Sustainability; G. Heal. Global Environmental Risks; G. Chichilnisky, G. Heal. 2nd Section: Dynamics. Sustainable Use of Renewable Resources; A. Beltratti, et al. North South Trade and the Dynamics of the Environment; R. Abraham, et al. Trade, Migration and the Environment: A General Equilibrium Analysis; G. Chichilnisky, M. Di Matteo. A Simple Model of Optimal Sustainable Growth; G. Cazzavillan, I. Musu. Environmental Externalities, Disconnected Generations and Policy; G. Marini, P. Scaramozzino. Stochastic Sustainability; M.P. Tucci. Sustainability of Economics Development and th Freedom of Future Generations (ex `The Sustainability of Economics Development and the Freedom of Future Generations); A. Vercelli. 3rd Section: Uncertainty. Hard Uncertainty and Environmental Policy; A. Vercelli. Environmental Option Values, Uncertainty Aversion and Learning; M. Basili, A. Vercelli. Environmental Bonds: A Critical Assessment; L. Torsello, A. Vercelli. Uncertain Future Preferences and Conservation; G. Heal, et al. Catastrophe Futures: Financial Markets and Changing Climate Risks; G. Chichilnisky, G. Heal. Stochastic Sustainability in the Presence of Unknown Parameters; M.P. Tucci. Climate Change and Emission Permits; A. Beltratti. Index.