Current environmental policy guidelines are mainly based on cost-benefit analysis and concerned with the restriction of emissions. Sustainable development, on the other hand, is focusing on determining the optimal strategy for the overall performance of both the environment and the socio-economic system. This paper highlights some of the basic problems when developing strategies with the above aim in mind. The implications for decision making are investigated by means of a fictitious model of the economical and environmental interactions in a lake region.
W. Rauch; Problems of decision making for a sustainable development. Water Sci Technol 1 December 1998; 38 (11): 31–39. doi: https://doi.org/10.2166/wst.1998.0430
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