An Agnostic Approach to Sustainability: From Capitals Substitutability to Non-Collapse Dynamics
Claudio Pirrone,
Stefano Fricano and
Gioacchino Fazio
Papers from arXiv.org
Abstract:
We construct a stochastic dynamical systems theory in which sustainability is a structural boundary property of a fully coupled Earth--Human--Production system. Each subsystem is modelled as a vector-valued process governed by stochastic differential equations with multiplicative noise and absolute bidirectional cross-subsystem flows. Biodiversity is endogenous, and societal evaluation is represented by a reflexive functional whose weights depend on evolving human capabilities. Sustainability, development, and sustainable development are defined as trajectory properties. Sustainability corresponds to boundary non-attainment with positive or unit probability; development corresponds to local ascent in the evaluation functional; sustainable development requires directional alignment under strictly positive survival probability. No optimisation problem is imposed. Necessary and sufficient conditions are derived using Feller boundary classification and stochastic Lyapunov methods. A central result identifies the sign of the net absolute cross-subsystem flow on each component as a phase-transition parameter: if negative near zero, the boundary is of exit type and almost-sure persistence is structurally impossible, independent of intrinsic regeneration, capability accumulation, or productivity parameters. Because flows are absolute, any perturbation diffuses through the entire coupled system without requiring correlated exogenous shocks. The reflexive evaluation structure generically induces non-transitive development relations, providing a formal mechanism for path-dependent welfare comparisons. Sustainability emerges as a geometric property of boundary structure and vector-field alignment, not as a corollary of intertemporal optimality.
Date: 2026-02
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2602.23402
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