Asheim, Geir B. and Buchholz, Wolfgang and Tungodden, Bertil (2001) Justifying sustainability. JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT, 41 (3). pp. 252-268. ISSN 0095-0696
Full text not available from this repository. (Request a copy)Abstract
In the framework of ethical social choice theory, sustainability is justified by efficiency and equity as ethical axioms. These axioms correspond to the Suppes-Sen grading principle. In technologies that are productive in a certain sense, the set of Suppes-Sen maximal utility paths is shown to equal the set of non-decreasing and efficient paths. Since any such path is sustainable, efficiency and equity can thus be used to deem any unsustainable path as ethically unacceptable. This finding is contrasted with results that seem to indicate that an infinite number of generations cannot he treated equally, (C) 2001 Academic Press.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | EQUITY; UTILITARIANISM; GENERATIONS; CONTINUITY; OPTIMALITY; DOMINANCE; UTILITY; CHOICE; sustainability; ethical preferences; Suppes-Sen grading principle |
| Subjects: | 300 Social sciences > 330 Economics |
| Divisions: | Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Entpflichtete oder im Ruhestand befindliche Professoren > Lehrstuhl für Finanzwissenschaft, insbesondere Umweltökonomie (Prof. Dr. Wolfgang Buchholz) |
| Depositing User: | Dr. Gernot Deinzer |
| Date Deposited: | 31 Jan 2022 15:16 |
| Last Modified: | 31 Jan 2022 15:16 |
| URI: | https://pred.uni-regensburg.de/id/eprint/41462 |
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