Showing 1 - 10 of 4,546
Sustainability indices for countries provide a one-dimensional metric to valuate country-specific information on the … be performed. This paper reviews the explanatory power of various sustainability indices applied in policy practice. We …
Persistent link: https://www.econbiz.de/10010297843
Since the early 1990s, at least 45 initiatives have been mounted to improve the environmental and social performance of the mining industry across the world. Many changes in the formal legal and regulatory systems have also been introduced. However, no systematic approach has been adopted to...
Persistent link: https://www.econbiz.de/10011654012
Discounted utilitarianism treats generations unequally and leads to seemingly unappealing consequences in some models of economic growth. Instead, this paper presents and applies sustainable discounted utilitarianism (SDU). SDU respects the interests of future generations and resolves...
Persistent link: https://www.econbiz.de/10010264536
This paper takes sustainability to be a matter of intergenerational welfare equality and examines whether an optimal … practical, especially in the context of developing countries. The maximin criterion of sustainability may be more appealing to …
Persistent link: https://www.econbiz.de/10010312409
We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...
Persistent link: https://www.econbiz.de/10010281039
We develop and formalize a utilitarian notion of responsibility for sustainability which is inspired by Singer's (1972 … welfare maximization, and Brundtland-sustainability. Using a two-generationsresource-model, we find the following …. Sustainability and responsibility for sustainability are equivalent if and only if sustainability is feasible. If it is not, there …
Persistent link: https://www.econbiz.de/10010281771
Koopmans’s (Econometrica 28, 287–309) axiomatization of discounted utilitarianism is based on seemingly compelling conditions, yet this criterion leads to hard-to-justify outcomes. The present analysis considers a class of sustainable recursive social welfare functions within Koopmans’s...
Persistent link: https://www.econbiz.de/10010284345
Proposed alternatives to GDP as a measure of social welfare or human progress are briefly evaluated. Four main categories are considered, namely ISEW and GPI based on corrections of GDP, sustainable or green(ed) GDP, genuine savings/investments and composite indexes. All these alternatives turn...
Persistent link: https://www.econbiz.de/10011411029
This paper presents an application of a multi-attribute aggregation methodology to the construction of a sustainability … index. Sustainability is a multi-faceted issue, in which synergies or conflicts may arise among the different components … the FEEM Sustainability Index (FEEM SI), a composite index including 19 different indicators grouped in the three …
Persistent link: https://www.econbiz.de/10010294316
This paper presents an application of a multi-attribute aggregation methodology to the construction of a sustainability … index. Sustainability is a multi-faceted issue, in which synergies or conflicts may arise among the different components … the FEEM Sustainability Index (FEEM SI), a composite index including 19 different indicators grouped in the three …
Persistent link: https://www.econbiz.de/10010294336