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On Sustainability and the Economics of Survival

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  • Jean-Paul Chavas

Abstract

This paper investigates the implications of sustainability and survival strategies for economic analysis. It reviews connections between the approaches used by economists and biological scientists in the study of survival. The paper emphasizes the role of irreversibility and uncertainty in the investigation of sustainability issues. Implications of the results for the analysis of economic behavior are discussed.

Suggested Citation

  • Jean-Paul Chavas, 1993. "On Sustainability and the Economics of Survival," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(1), pages 72-83.
    • Handle: RePEc:oup:ajagec:v:75:y:1993:i:1:p:72-83.
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    File URL: http://hdl.handle.net/10.2307/1242955
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    Cited by:

    1. Midmore, Peter & Whittaker, Julie, 2000. "Economics for sustainable rural systems," Ecological Economics, Elsevier, vol. 35(2), pages 173-189, November.
    2. Wang, Honglin & Yu, Fan & Reardon, Thomas & Huang, Jikun & Rozelle, Scott, 2013. "Social learning and parameter uncertainty in irreversible investments: Evidence from greenhouse adoption in northern China," China Economic Review, Elsevier, vol. 27(C), pages 104-120.
    3. YUNG-JAAN Lee, 1999. "Sustainable wetland management strategies under uncertainties," Environment Systems and Decisions, Springer, vol. 19(1), pages 67-79, March.
    4. Cacho, Oscar J., 1997. "Dynamic Models, Externalities and Sustainability in Agriculture," 1997 Conference (41st), January 22-24, 1997, Gold Coast, Australia 135738, Australian Agricultural and Resource Economics Society.
    5. Scott, Antony, 1999. "Trust law, sustainability, and responsible action," Ecological Economics, Elsevier, vol. 31(1), pages 139-154, October.

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