Justifying Sustainability by Geir B

نویسندگان

  • Geir B. Asheim
  • Wolfgang Buchholz
  • Bertil Tungodden
چکیده

In the framework of ethical social choice theory, sustainability is justified by Efficiency and Equity as ethical axioms. These axioms correspond to the Suppes-Sen Grading principle. In technologies that are productive in a certain sense, the set of Suppes-Sen maximal utility paths is shown to equal the set of non-decreasing and efficient paths. Since any such path is sustainable, Efficiency and Equity can thus be used to deem any unsustainable path as ethically unacceptable. This finding is contrasted with results that seem to indicate that an infinite number of generations cannot be treated equally.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Infinite-horizon choice functions∗

We analyze infinite-horizon choice functions within the setting of a simple technology. Efficiency and time consistency are characterized by stationary consumption and inheritance functions, as well as a transversality condition. In addition, we consider the equity axioms Suppes-Sen, Pigou-Dalton, and resource monotonicity. We show that Suppes-Sen and Pigou-Dalton imply that the consumption and...

متن کامل

MEMORANDUM No 8 / 99 Justifying Sustainability

List of the last 10 Memoranda: No 26 by Steinar Holden and Karl Ove Moene: Measures to improve Wage Formation in Sweden. 28 p. Speculative attacks in the exchange market with a band policy: A sequential game analysis. 45 p. In the framework of ethical social choice theory, sustainability is justified by Efficiency and Equity as ethical axioms. These axioms correspond to the Suppes-Sen Grading p...

متن کامل

The Hartwick Rule : Myths and Facts ∗ GEIR

We shed light on the Hartwick rule for capital accumulation and resource depletion by providing semantic clarifications and investigating the implications and relevance of this rule. We extend earlier results by establishing that the Hartwick rule does not indicate sustainability and does not require substitutability between man-made and natural capital. We use a new class of simple counterexam...

متن کامل

The relationship between welfare measures and indicators of sustainable development

This chapter investigates whether measures of welfare improvement indicates sustainability. First it shows how the value of net investments and real NNP growth (appropriately extended if population growth is positive) can be used to measure welfare improvement, before turning to following two questions: (1) Does non-negative value of net investments imply sustainable development? (2) Does susta...

متن کامل

Characterizing the sustainability problem in an exhaustible resource model

The Dasgupta-Heal-Solow-Stiglitz model of capital accumulation and resource depletion poses the following sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a complete technological characterization of the sustainability problem in this model without reference to the time path. As a byproduct we show general existence...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 1999