Alain Ayong Le Kama (Université de Lille - Université de Lille 1) Katheline Schubert () (EUREQUA - Equipe Universitaire de Recherche en Economie Quantitative - CNRS : UMR8594 - Université Panthéon-Sorbonne - Paris I)
Additional information is available for the following
registered author(s):
The attitude of future generations towards environmental assets may well be different from ours, and it is necessary to take into account this possibility explicitly in the current debate about environmental policy. The question we are addressing here is: should uncertainty about future preferences lead to a more conservative attitude towards environment? Previous literature shows that it is the case when society expects that on average future preferences will be more in favor of environment than ours, but this result relies heavily on the assumption of a separability between consumption and environmental quality in the utility function. We show that things are less simple when preferences are non-separable: the attitude of the society now depends not only on the expectation of the change in preferences but also on the characteristics of the economy (impatience, intertemporal flexibility, natural capacities of regeneration of the environment, relative preference for the environment), on its history (initial level of the environmental quality) and on the date at which preferences are expected to change (near or far future).
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Length: Date of creation: May 2004 Date of revision: Publication status: Published, Environmental and Resource Economics, 2004, 28, 1, 31-53 Handle: RePEc:hal:cesptp:hal-00267891_v1
Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00267891/en/ Contact details of provider: Web page: http://hal.archives-ouvertes.fr/
For technical questions regarding this item, or to correct its listing, contact: (CCSD).
References listed on IDEAS Please 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.:
Cited by: (explanations, Please 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.)