We describe a new approach to the problem of resolving distributional conflicts between an infinite and countable number of generations. We impose conditions on the social preferences that capture the following idea: If preference (or indifference) holds between truncated paths for infinitely...

Following Arrow et al. (2003), this paper considers green national accounting when population is changing and instantaneous well-being depends both on per capita consumption and population size. Welfare improvement is shown to be indicated by an expanded "genuine savings indicator", taking into...