Sustainability as Intergenerational Fairness: Efficiency, Uncertainty, and Numerical Methods

Sustainability as Intergenerational Fairness: Efficiency, Uncertainty, and Numerical Methods
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作为代际公平的可持续性:效率、不确定性和数值方法

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发表时间:
2000
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通讯作者:
Richard T Woodward
Richard T Woodward
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文献类型:
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作者:
Richard T Woodward

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本文提出了一个定义为代际公平的可持续性经济模型。假设代际公平是每一代人的义务,得到一个递归优化问题。该问题的优点是,不确定性可以很容易地纳入模型,并且可以在广泛的规格范围内进行数值解决。讨论了在效率和可持续性之间进行权衡的可能性。在合理的条件下,只有在有经济增长预期的情况下,可持续发展义务才会得到满足。
This paper presents an economic model of sustainability defined as intergenerational fairness. Assuming that intergenerational fairness is an obligation of each generation, a recursive optimization problem is obtained. The problem has the advantage that uncertainty can readily be incorporated in the model and it can be solved numerically for a wide range of specifications. The possibility of trade-offs between efficiency and sustainability are discussed. Under plausible conditions, it is shown that a sustainability obligation is met only if there is the expectation of economic growth.