Arbeitspapier

Intergenerational egalitarianism

I study the egalitarian way of distributing resources across generations. Distributional equity deeply conflicts with the Pareto principle: efficient allocations cannot guarantee that i) each generation be assigned a consumption bundle that is at least as large as an arbitrarily small fraction of the bundle assigned to any other generation and that ii) each generation finds its assigned bundle at least as desirable as an arbitrarily small fraction of the bundle assigned to any other generation with same preferences. Overcoming such tension unveils a new ethical dilemma for intergenerational equity: the short-term/long-term inequality trade-off. The egalitarian ethical observer can choose between: i) "weak equity" among all generations (at the cost of possibly large inequalities among proximate ones) and ii) "strong equity" among few successive generations (at the cost of possibly large inequalities among distant ones). The last alternative is specific to the dynamic framework and provides a rationale to treat generations differently based on their time order.

Sprache
Englisch

Erschienen in
Series: Memorandum ; No. 03/2014

Klassifikation
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Social Choice; Clubs; Committees; Associations
Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
Thema
intergenerational justice
allocation rules
fairness

Ereignis
Geistige Schöpfung
(wer)
Piacquadio, Paolo Giovanni
Ereignis
Veröffentlichung
(wer)
University of Oslo, Department of Economics
(wo)
Oslo
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Piacquadio, Paolo Giovanni
  • University of Oslo, Department of Economics

Entstanden

  • 2014

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