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interests of future generations? The analysis of the present paper suggests that such stronger intergenerational altruism might … normatively attractive outcomes will be implemented if each generation has sufficient altruism for its descendants. This … by climate change by increasing its intergenerational altruism, then long-term wellbeing will be seriously undermined. …
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The future effects of climate change may induce increased intergenerational altruism. But will increased … intergenerational altruism reduce the threat of climate change? In this chapter we investigate this question. In a second-best setting … increased intergenerational altruism is a means for achieving accumulation of consumption potential (through accumulation of …
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In different treatments of an intergenerational common resource experiment, monetary payoff maximization by each generation causes either negative or positive externalities for future generations. Two behavioral types have been observed previously in single generation games: equity motivated...
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