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"Nachhaltige Entwicklung"- Zur �konomik des Bangens und des Hoffens

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  • Alfred Endres
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    Abstract

    The paper starts with a critical assessment of attempts to measure sustainability. Moreover, incentives for the present generation to follow a sustainable path are a key issue. Sustainability is threatened by discounting and by the open access structure of the relationship between present and future generations. On the other hand, there are economic causes for optimism. Particularly if the present generation corrects market failures, positive intertemporal externalities are generated. In addition to this „main stream” economic reasoning, the paper investigates whether sustainability is more likely if decision makers are not guided by the rules of homo oeconomicus. Copyright Verein für Socialpolitik und Blackwell Publishers Ltd, 2004

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    Article provided by Verein für Socialpolitik in its journal Perspektiven der Wirtschaftspolitik.

    Volume (Year): 5 (2004)
    Issue (Month): 1 (02)
    Pages: 91-104

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    Handle: RePEc:bla:perwir:v:5:y:2004:i:1:p:91-104

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    1. Hartwick, John M., 1990. "Natural resources, national accounting and economic depreciation," Journal of Public Economics, Elsevier, vol. 43(3), pages 291-304, December.
    2. Gollier, Christian, 2002. "Discounting an uncertain future," Journal of Public Economics, Elsevier, vol. 85(2), pages 149-166, August.
    3. Solow, Robert, 1993. "An almost practical step toward sustainability," Resources Policy, Elsevier, vol. 19(3), pages 162-172, September.
    4. Atkinson, Tony & Cantillon, Bea & Marlier, Eric & Nolan, Brian, 2002. "Social Indicators: The EU and Social Inclusion," OUP Catalogue, Oxford University Press, number 9780199253494, September.
    5. John Hartwick, 1976. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," Working Papers 220, Queen's University, Department of Economics.
    6. Asheim, Geir B, 1997. " Adjusting Green NNP to Measure Sustainability," Scandinavian Journal of Economics, Wiley Blackwell, vol. 99(3), pages 355-70, September.
    7. Welsch, Heinz, 2002. "Preferences over Prosperity and Pollution: Environmental Valuation Based on Happiness Surveys," Kyklos, Wiley Blackwell, vol. 55(4), pages 473-94.
    8. Congleton, Roger D, 1992. "Political Institutions and Pollution Control," The Review of Economics and Statistics, MIT Press, vol. 74(3), pages 412-21, August.
    9. Dasgupta, Partha, 2001. "Human Well-Being and the Natural Environment," OUP Catalogue, Oxford University Press, number 9780199247882, September.
    10. Bruno S. Frey & Alois Stutzer, . "What can Economists Learn from Happiness Research?," IEW - Working Papers 080, Institute for Empirical Research in Economics - University of Zurich.
    11. Lange, Andreas & Vogt, Carsten, 2001. "Cooperation in international environmental negotiations due to a preference for equity," ZEW Discussion Papers 01-14, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    12. M. L. Weitzman, 1974. "On the Welfare Significance of National Product in Dynamic Economy," Working papers 125, Massachusetts Institute of Technology (MIT), Department of Economics.
    13. Nyborg, Karine, 2000. "Homo Economicus and Homo Politicus: interpretation and aggregation of environmental values," Journal of Economic Behavior & Organization, Elsevier, vol. 42(3), pages 305-322, July.
    14. Endres, Alfred, 1997. "Increasing Environmental Awareness to Protect the Global Commons--A Curmudgeon's View," Kyklos, Wiley Blackwell, vol. 50(1), pages 3-27.
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