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Chapter 21 Intertemporal Welfare Economics and the Environment

Heal, Geoffrey - In: Handbook of environmental economics : volume 3, …, (pp. 1105-1145). 2005

I review the complex welfare economic issues that arise in environmental decision-making over very long periods, as in cases relating to climate change and biodiversity loss. I also consider the issues that arise in choosing a discount rate to apply to very long-run projects and indicate how...

Persistent link: https://www.econbiz.de/10014023911

Fundamental utilitarianism and intergenerational equity with extinction discounting

Chichilnisky, Graciela; Hammond, Peter J.; Stern, … - In: Social choice and welfare 54 (2020) 2/3, pp. 397-427

Persistent link: https://www.econbiz.de/10012266543

Discounting, beyond utilitarianism

Fleurbaey, Marc; Zuber, Stéphane - 2015

Discounted utilitarianism and the Ramsey equation prevail in the debate on the discount rate on consumption. The … generations or a pure preference for the present. The authors question the unique status of discounted utilitarianism and discuss … Equivalent (EPEDE) criteria. The class is more flexible than discounted utilitarianism in terms of population ethics and it …

Persistent link: https://www.econbiz.de/10010507755