Accounting for Sustainability: A Dissenting Opinion

Discounted-utilitarian welfare, the commonest social objective studied by economists, is the basis for the theory of green accounting in terms of social utility. Sustainability is a different type of social objective. Consequently, green accounting as derived in many empirical models is not appropri...

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Bibliographic Details
Main Author: Robert D. Cairns
Format: Article
Language:English
Published: MDPI AG 2011-08-01
Series:Sustainability
Subjects:
Online Access:http://www.mdpi.com/2071-1050/3/9/1341/