Justifying Sustainability
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 be treated equally.Download Info
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Bibliographic Info
Paper provided by Norwegian School of Economics and Business Administration- in its series Papers with number 5/99.Length: 24 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:norgee:5/99
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Postal: NORWEGIAN SCHOOL OF ECONOMICS AND BUSINESS ADMINISTRATION, HELLEVEIEN 30, 5035 BERGEN SANDVIKEN NORWAY.
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Related research
Keywords: SOCIAL WELFARE ; ENVIRONMENT ; EFFICIENCY;Other versions of this item:
- Asheim, Geir B. & Buchholz, Wolfgang & Tungodden, Bertil, 2001. "Justifying Sustainability," Journal of Environmental Economics and Management, Elsevier, vol. 41(3), pages 252-268, May.
- Asheim,G.B. & Buchholz,W. & Tungodden,B., 1999. "Justifying sustainability," Memorandum 08/1999, Oslo University, Department of Economics.
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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