Intergenerational altruism and the environment

被引:34
作者
Jouvet, PA [1 ]
Michel, P
Vidal, JP
机构
[1] Univ Lille 3, GREQAM, F-59653 Villeneuve Dascq, France
[2] Univ Lille 3, GREMARS, F-59653 Villeneuve Dascq, France
[3] Univ Aix Marseille 2, GREQAM, F-13002 Marseille, France
[4] CNRS, GREQAM, F-13002 Marseille, France
关键词
altruism; environment; overlapping generations;
D O I
10.1111/1467-9442.00188
中图分类号
F [经济];
学科分类号
02 ;
摘要
We construct an overlapping generations model of pollution externality in which individuals are altruistically linked to their offspring as in Barro (1974). It is shown that steady-state consumption may be a decreasing function of the intergenerational degree of altruism. Despite individuals' altruism, the competitive equilibrium is not optimal. We thus study the social optimum and show that it can be decentralized.
引用
收藏
页码:135 / 150
页数:16
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