Showing 41 - 50 of 31,999
This paper studies the design of optimal utilitarian mechanisms for an excludable public good. Excludability provides a basis for making people pay for admissions; the payments can be used for redistribution and/or funding. Whereas previous work assumed that admissions are governed by the...
Persistent link: https://www.econbiz.de/10003862320
utilitarianism on non-decreasing streams, but it treats all generations impartially: discounting becomes the mere expression of … utilitarianism ; sustainability …
Persistent link: https://www.econbiz.de/10008697034
Persistent link: https://www.econbiz.de/10003947387
; ethics ; natural resources ; Pareto efficiency ; responsibility ; Singer ; sustainability ; utilitarianism …
Persistent link: https://www.econbiz.de/10009511254
This paper presents an infinite-horizon version of intergenerational utilitarianism that is both satisfactorily … complete and consistent. By studying discounted utilitarianism as the discount factor tends to one, we obtain a welfare … criterion --- limit-discounted utilitarianism --- that combines efficiency and the equal treatment of generations with …
Persistent link: https://www.econbiz.de/10010258772
This paper provides axiomatic descriptions of social welfare relations, defined on infinite streams of utility, that are consistent with the utilitarian criterion on subsets where maximizing aggregate utility has a clear interpretation: the streams, or their differences, are summable. Besides...
Persistent link: https://www.econbiz.de/10010258774
Discounted utilitarianism and the Ramsey equation prevail in the debate on the discount rate on consumption. The … generations or a pure preference for the present. The authors question the unique status of discounted utilitarianism and discuss … Equivalent (EPEDE) criteria. The class is more flexible than Discounted utilitarianism in terms of population ethics and it …
Persistent link: https://www.econbiz.de/10010417163
Discounted utilitarianism and the Ramsey equation prevail in the debate on the discount rate on consumption. The … generations or a pure preference for the present. The authors question the unique status of discounted utilitarianism and discuss … Equivalent (EPEDE) criteria. The class is more flexible than discounted utilitarianism in terms of population ethics and it …
Persistent link: https://www.econbiz.de/10010507755
utilitarianism (DU). DU is controversial, both due to the conditions through which it is justified and due to its consequences for … measures to justify their present costs. In this paper, we propose sustainable discounted utilitarianism (SDU) as an … alternative principle for evaluation of climate policy. Unlike undiscounted utilitarianism, which always assigns zero relative …
Persistent link: https://www.econbiz.de/10009273914
the space between critical-level utilitarianism and (a version of) critical-level leximin. Moreover, it satis es many … when the critical level is zero. -- Social evaluation ; population ethics ; critical-level utilitarianism ; social …
Persistent link: https://www.econbiz.de/10009614129