Considering sustainability a matter of intergenerational welfare equity, this paper examines whether an optimal development path can also be sustainable. It argues that the general “zero-net-aggregateinvestment” condition for an optimal development path to be sustainable in the sense of the maximin criterion of intergenerational justice is too demanding to be practical, especially in the contex...

OBJECTIVES In this paper, we explored the association between direct and indirect measures of intergenerational ambivalence, making comparisons by generational position and child's gender; furthermore, we examined whether these measures were similarly strong predictors of depressive symptoms and positive affect. METHODS Data for the analysis were collected from 254 mothers aged 72-82 years an...

C onsidering the normative nature of the theories of justice, a distinguished theory of justice could be formulated based on the fundamental teachings of Islam. Hence a new set of indexes are required to put this new concept to test. Through detailed study of the Islamic teachings, the research seeks to formulate a comprehensive theory on economic justice (based on various economic rights). In ...

Perceived intergenerational unfairness is one of the obstacles for a rapid transition to a low carbon economy whereby current generations have to carry the burden of paying for mitigation, while the next generations will enjoy the benefits for free. Green bonds are believed to be able to distribute the burdens over generations more evenly. In this paper, we examine whether green bonds can indee...

This paper provides general theorems about the control that maximizes the mixed Bentham-Rawls (MBR) criterion for intergenerational justice, which was introduced in Alvarez-Cuadrado and Long (2009). We establish su¢ cient concavity conditions for a candidate trajectory to be optimal and unique. We also show that the state variable is monotonic under rather weak conditions. And …nally we prove t...