Sustainability and discounted utilitarianism in models of economic growth

被引：31

作者：

Asheim, Geir B. ^{[1
]}

Mitra, Tapan ^{[2
]}

机构：

[1] Univ Oslo, Dept Econ, N-0317 Oslo, Norway

[2] Cornell Univ, Dept Econ, Ithaca, NY 14853 USA

来源：

MATHEMATICAL SOCIAL SCIENCES | 2010年 / 59卷 / 02期

关键词：

Intergenerational equity; Sustainability; Discounted utilitarianism; Egalitarian consumption streams; Efficiency; Exhaustible resources; INFINITE UTILITY STREAMS; INTERGENERATIONAL EQUITY; EXHAUSTIBLE RESOURCES; TECHNOLOGY;

D O I：

10.1016/j.mathsocsci.2009.08.003

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Discounted utilitarianism treats generations unequally and leads to seemingly unappealing consequences in some models of economic growth. Instead, this paper presents and applies sustainable discounted utilitarianism (SDU). SDU respects the interests of future generations and resolves intergenerational conflicts by imposing on discounted utilitarianism that the evaluation be insensitive to the interests of the present generation if the present is better off than the future. An SDU social welfare function always exists. We provide a convenient sufficient condition to identify SDU optima and apply SDU to two well-known models of economic growth. (C) 2009 Elsevier B.V. All rights reserved.

引用

页码：148 / 169

页数：22

共 27 条

[21]

Heal G., 1979, EC THEORY EXHAUSTIBL

[22] STATIONARY ORDINAL UTILITY AND IMPATIENCE [J].

KOOPMANS, TC .

ECONOMETRICA, 1960, 28 (02) :287-309

[23]

PEZZEY J, 1994, THESIS U BRISTOL

[24]

Pigou AC, 1932, The Economics of Welfare, V4th

[25] A MATHEMATICAL THEORY OF SAVING [J].

Ramsey, F. P. .

ECONOMIC JOURNAL, 1928, 38 (152) :543-559

[26]

Rawls J., 1999, A Theory of Justice, Cam-bridge (MA)

[27]

Solow R.M., 1974, Symposium on the Economics of Exhaustible Resources, P29

← 1 2 3 →