Paretian Intergenerational Discounting
نویسندگان
چکیده
منابع مشابه
The evolution of intergenerational discounting in offspring quality.
Intergenerational effects occur when an individual's actions affect not only its own survivorship and reproduction but also those of its offspring and possibly later descendants. In the presence of intergenerational effects, short-term and long-term measures of success (such as the expected numbers of surviving offspring and of farther descendants, respectively) may be in conflict. When such co...
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Tommissen, and, most particularly, Paul Samuelson, for valuable comments on the earlier draft; they are, of course, not be held responsible for any defects that remain.
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Discounting the utilities of future generations in many problems, such as climatechange analysis, has several justifications, only one of which can be supported by ethics which postulate that every individual, no matter when born, has an equal right to well-being. That justification is that future generations may not exist. In an earlier article published here, I explained this view, and critic...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2005
ISSN: 1556-5068
DOI: 10.2139/ssrn.786546