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A note on 'environmental sustainability and cost-benefit analysis'

Pires, C.P. (1998), "A note on 'environmental sustainability and cost-benefit analysis'", Environment and Planning A, 30(11), 2069-2073.
Abstract:

In this note I solve the problem formalized by Barbier, Markandya, and Pearce in "Environmental sustainability and cost - benefit analysis". I show that the optimality conditions of that problem imply but are not implied by the conditions presented by Barbier et al.