منابع مشابه
Intergenerational Equity
Axiomatic analysis of intergenerational social preferences over infinite streams of well-being faces the following dilemma. Equal treatment of generations combined with sensitivity for the interests of each generation rules out explicitly defined preferences that can rank any pair of infinite well-being streams. Hence, either intergenerational social preferences must be incomplete or equal trea...
متن کاملCan intergenerational equity be operationalized?
A long Utilitarian tradition has the ideal of equal regard for all individuals, both those now living and those yet to be born. The literature formalizes this ideal as asking for a preference relation on the space of infinite utility streams that is complete, transitive, invariant to finite permutations, and respects the Pareto ordering; an ethical preference relation, for short. This paper arg...
متن کاملPareto Principle and Intergenerational Equity : Immedi - ate
In an important contribution to the problem of aggregating infinite utility streams, Svensson (1980) shows the existence of a social welfare relation—a reflexive, transitive and complete binary relation over all possible infinite utility streams—that accommodates the axioms of Pareto and intergenerational equity. This possibility result is in sharp contrast with the seminal contribution by Diam...
متن کاملEquity versus Warm Glow in Intergenerational Giving
In different treatments of an intergenerational common resource experiment, monetary payoff maximization by each generation causes either negative or positive externalities for future generations. Two behavioral types have been observed previously in single generation games: equity motivated individuals enjoy giving to the needy and taking from (not giving to) the prosperous, while warm glow al...
متن کاملRisk Aversion, Intergenerational Equity and Climate Change
The paper investigates a climate-economy model with an iso-elastic welfare function in which one parameter γ measures relative risk-aversion and a distinct parameter ρ measures resistance to intertemporal substitution. We show both theoretically and numerically that climate policy responds differently to variations in the two parameters. In particular, we show that higher γ but lower ρ leads to...
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ژورنال
عنوان ژورنال: Reviews in Clinical Gerontology
سال: 1992
ISSN: 0959-2598,1469-9036
DOI: 10.1017/s0959259800003038