The discounted utilitarian criterion for infinite horizon social choice has been criticized for treating generations unequally. We propose an extended rank-discounted utilitarian (ERDU) criterion instead. The criterion amounts to discounted utilitarianism on non-decreasing streams, but it treats...

Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is controversial, both due to the conditions through which it is justified and due to its consequences for climate policies, where the discounting of...

So außerordentlich die Covid-19-Pandemie ist: Die Ungleichheiten, die die Strategien zu ihrer Eindämmung erzeugen, sind keine Ausnahme. Auch in Normalzeiten gibt es ein globales Ungleichgewicht bei der Priorisierung von Krankheiten.

Dieser Artikel rekonstruiert aus einer ordonomischen Perspektive, (a) welche Hindernisse einer verständigen Interpretation von John Stuart Mill im Wege stehen, (b) wie sein genereller Denkansatz beschaffen ist, (c) wie seine utilitaristische Ethik mit unterschiedlichen Gerechtigkeitskategorien...

We develop and formalize a utilitarian notion of responsibility for sustainability which is inspired by Singer's (1972) principle and the Brundtland Commission's notion ofsustainability (WCED 1987). We relate this notion of responsibility to established criteria forthe assessment of...

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...

Evaluation of climate policies and other issues requires a variable population setting where population is endogenously determined. We propose and axiomatize the rank-discounted critical-level utilitarian social welfare order. It is shown to fill out the space between critical-level...

Utilitarian foundations for limited government are shaky insofar as they assume rational and consistent individuals. Recently economists' assumption of rational actors has come under sustained attack. Behavioural economics has suggested that people are plagued by irrational biases and...