This paper articulates and applies frameworks for examining whether consumption is
excessive. We consider two criteria for the possible excessiveness (or insufficiency) of current …

The selection of climate policies should be an exercise in risk management reflecting the
many relevant sources of uncertainty. Studies of climate change and its impacts rarely yield …

I analyze corporate social responsibility (CSR) from economic and financial perspectives, and
suggest how it is reflected in financial markets. CSR is defined as a programme of actions …

We review the optimal pattern of carbon emission abatements across countries in a simple
multi-country world. We model explicitly (with the model in Chichilnisky, 1993b) the fact that …

Economic evaluation of climate policy traditionally treats uncertainty by appealing to expected
utility theory. Yet our knowledge of the impacts of climate policy may not be of sufficient …

… Now, with Valuing the Future, economist Geoffrey Heal presents a coherent framework for
understanding the earth's future from an economic perspective. Heal's model begins with a …

… PSDASGUPTA & GMHEAL … Geoffrey Heal … For a discussion of the question of how
one may locate such prices, see Heal (1973). The question of the existence of a Nash …

This chapter explores in a rather preliminary way the problems that appear to arise naturally
when the existence of exhaustible resources is incorporated into the study of intertemporal …

Discussions of decentralized planning procedures are not new in the economic literature:
they date back to Lange [6J, who seems to have found inspiration in the even earlier writings …

The services of natural ecosystems are clearly very important to our societies: we probably
could not live without them.(For a review of the importance of ecosystem services, see Daily …