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The Malleability of Undiscounted Utilitarianism as a Criterion of Intergenerational Justice

Asheim, Geir B. and Buchholz, Wolfgang (2003) The Malleability of Undiscounted Utilitarianism as a Criterion of Intergenerational Justice. Economica 70 (279), pp. 405-422.

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Abstract

Discounting future utilities is often justified by the ethically motivated objective of protecting earlier generations from the excessive saving that seems to be implied by undiscounted utilitarianism in productive economies. We question this justification of discounting by showing that undiscounted utilitarianism has sufficient malleability within important classes of technologies: any efficient ...

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Item type:Article
Date:2003
Institutions:Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Finanzwissenschaft, insbesondere Umweltökonomie (Prof. Dr. Wolfgang Buchholz)
Identification Number:
ValueType
10.1111/1468-0335.t01-1-00290DOI
Dewey Decimal Classification:300 Social sciences > 330 Economics
Status:Published
Refereed:Unknown
Created at the University of Regensburg:Unknown
Item ID:5381
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