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under two different utilitarian welfare functions : classical and relative. It is only with relative utilitarianism that the …
Persistent link: https://www.econbiz.de/10004984882
under two different utilitarian welfare functions: classical and relative. It is only with relative utilitarianism that the …
Persistent link: https://www.econbiz.de/10005008455
in a wide range, while Relative Utilitarianism implies it equals the growth rate of real per-capita consumption …
Persistent link: https://www.econbiz.de/10005043482
Review informs on the book and its individual chapters commented by wider notes. States, that the central idea of the entire work is finding answers to the question, what is the relationship between the economies and good for an individual and between economics and welfare good. It appreciates...
Persistent link: https://www.econbiz.de/10011194766
Climate change is projected to have very severe impacts on future generations. Given this, any adequate response to it has to consider the nature of our obligations to future generations. This paper seeks to do that and to relate this to the way that inter-generational justice is often framed by...
Persistent link: https://www.econbiz.de/10010942420
A prominent strand in recent discussions of climate change policy concerns the value of the social discount rate (SDR). Some argue that the parameters that determine the value of the SDR should be viewed as ethical parameters. Additionally, those who defend an ethical approach tend to believe...
Persistent link: https://www.econbiz.de/10010816822
Persistent link: https://www.econbiz.de/10008926340
There is a time during which aggregate benefits from greenhouse gas emissions dominate costs, but less comfort should be drawn from this situation than current emphasis on double CO2 scenarios suggests. The intertemporal asymmetry of impacts means initial benefits to most regions, from slight...
Persistent link: https://www.econbiz.de/10011110671
We review the explosion of commentary that has followed the release of the Stern Review: The Economics of Climate Change, and agree with most of what has been written. The Review is right when it argues on economic grounds for immediate intervention to reduce emissions of greenhouse gases, but...
Persistent link: https://www.econbiz.de/10005634608
ethically convincing justification, and that, only if one endorses utilitarianism as a good ethic. Recent work by Llavador …
Persistent link: https://www.econbiz.de/10005196040