The prevailing literature discusses intergenerational trade-offs in climatechange predominantly in terms of the Ramsey equation relying on the infinitelylived agent model. We discuss these trade-offs in a continuous time OLG framework and relate our results to the infinitely lived agent setting....

This paper promotes the idea of Rights for Future Generations as one of the ethical principles on which politics, economics and justice in the 21st century should be based. It argues that environmental damage caused by current generations has already impaired the ability of future generations to...

Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is contro-versial, both due to the conditions through which it is justifed and due to its consequences for climate policies, where the discounting of...

The prevailing literature discusses intergenerational trade-offs in climatechange predominantly in terms of the Ramsey equation relying on the infinitelylived agent model. We discuss these trade-offs in a continuous time OLG framework and relate our results to the infinitely lived agent setting....

The prevailing literature discusses intergenerational trade-offs in climate change predominantly in terms of the Ramsey equation relying on the infinitely lived agent model. We discuss these trade-offs in a continuous time OLG framework and relate our results to the infinitely lived agent...

Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is controversial, both due to the conditions through which it is justified and due to its consequences for climate policies, where the discounting of...

This paper investigates the properties of intergenerationally equitable dis- counting by using an axiomatically well-founded welfare function which was originally developed by Epstein (1983), and more recently extended by Bommier and Zuber (2008). In stead of seeking for the appropriate value of...

This paper stresses that the impacts of climate change would be distributed unevenly over future generations in a yet unknown way. It also discusses the limitations of mainstream economics to deal with issues of intergenerational equity, noting the possibilities of different ways to select an...

This paper stresses that the impacts of climate change would be distributed unevenly over future generations in a yet unknown way. It also discusses the limitations of mainstream economics to deal with issues of intergenerational equity, noting the possibilities of different ways to select an...