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The attitude of future generations towards environmental assets may well be different from ours, and it is necessary to take into account this possibility explicitly in the current debate about environmental policy. The question we are addressing here is: should uncertainty about future...
Persistent link: https://www.econbiz.de/10010750447
Our intention is to study, in the framework of a very simple optimal growth model, the consequences on the optimal paths followed by consumption and the environmental quality of an endogenous discounting. Consumption directly comes from the use of environmental services and so is a direct cause...
Persistent link: https://www.econbiz.de/10010750484
Rien ne nous permet d'être certains que les générations futures auront les mêmes préférences que nous concernant les biens environnementaux. En outre, même si nous sommes tentés, en raison de la dégradation de la qualité de l'environnement, de croire que leur sensibilité à...
Persistent link: https://www.econbiz.de/10010750689
There are two main approaches for defining social welfare relations for an economy with infinite horizon. The first one is to consider the set of intertemporal utility streams generated by a general set of bounded consumptions and define a preference relation between them. This relation is...
Persistent link: https://www.econbiz.de/10010750750
The attitude of future generations towards environmental assets may well be different from ours. Even if we are tempted to believe that their sensitivity to environmental matters will be greater than ours, because of environmental depletion, we cannot make sure of that. This paper analyses the...
Persistent link: https://www.econbiz.de/10008794918
The attitude of future generations towards environmental assets may well be different from ours, and it is necessary to take into account this possibility explicitly in the current debate about environmental policy. The question we are addressing here is: should uncertainty about future...
Persistent link: https://www.econbiz.de/10008795076
There are two main approaches for defining social welfare relations for an economy with infinite horizon. The first one is to consider the set of intertemporal utility streams generated by a general set of bounded consumptions and define a preference relation between them. This relation is...
Persistent link: https://www.econbiz.de/10008795591
Persistent link: https://www.econbiz.de/10010250134
Persistent link: https://www.econbiz.de/10003324578
Persistent link: https://www.econbiz.de/10003463704