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Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in which the consumption discount rate is a function of the (constant) elasticity of marginal utility along with the (much discussed) utility discount rate. In...
Persistent link: https://www.econbiz.de/10013132106
Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in which the consumption discount rate is a function of the (constant) elasticity of marginal utility along with the (much discussed) utility discount rate. In...
Persistent link: https://www.econbiz.de/10013132194
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aspects, there is a growing literature on equity and justice. Climate change policy has important dimensions of distributive … justice, both within and across generations, but in this paper we survey only studies on the intragenerational aspect, i …. -- Economics of Climate Change ; Intragenerational Equity ; Distributive Justice …
Persistent link: https://www.econbiz.de/10008798530
aspects, there is a growing literature on equity and justice. Climate change policy has important dimensions of distributive … justice, both within and across generations, but in this paper we survey only studies on the intragenerational aspect, i …
Persistent link: https://www.econbiz.de/10014214441
international environmental treaty would eventually fail. From the perspective of intergenerational justice, the problem of climate …
Persistent link: https://www.econbiz.de/10012899958
Climate change and climate change policy raise important issues of intergenerational and international justice …. Intergenerational justice requires that CO2 emissions be halted by the middle of this century or shortly thereafter. But since human … development requires energy, the elimination of emissions raises important questions of international justice. Responding …
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