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discounting always fulfills the criterion of responsibility. Discounting may be responsible to a certain extent if sustainability … is feasible. If sustainability is not feasible, discounting is not responsible. … discounting always fulfills the criterion of responsibility. Discounting may be responsible to a certain extent if sustainability …
Persistent link: https://www.econbiz.de/10009511254
Pareto-efficient. Further, the utilitarian welfare maximum without discounting always fulfills the criterion of … responsibility. Discounting may be responsible to a certain extent if sustainability is feasible. If sustainability is not feasible …, discounting is not responsible …
Persistent link: https://www.econbiz.de/10013066349
Most ecosystem services, which are essential for human well-being, are globally declining, while the production of consumption goods, measured by GDP, is still growing. To adequately account for this opposite development in public cost-benefit analyses, it has been proposed - based on a...
Persistent link: https://www.econbiz.de/10010187850
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Most ecosystem services, which are essential for human well-being, are globally declining, while the production of consumption goods, measured by GDP, is still growing. To adequately account for this opposite development in public cost-benefit analyses, it has been proposed – based on a...
Persistent link: https://www.econbiz.de/10013063168
discounting always fulfills the criterion of responsibility. Discounting may be responsible to a certain extent if sustainability … is feasible. If sustainability is not feasible, discounting is not responsible. …
Persistent link: https://www.econbiz.de/10010281771
We develop a comprehensive multi-level approach to ecological economics (CML-approach) which integrates philosophical considerations on the foundations of ecological economics with an adequate operationalization. We argue that the subject matter and aims of ecological economics require a...
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