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Future Design

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  • Saijo, Tatsuyoshi

Abstract

Members of future generations are yet unborn. Therefore they cannot participate in markets and cannot vote in democratic elections. This paper surveys a number of articles that incorporate future generations in current decision-making. Consider the Demeny voting system that allows parents to vote as proxies for their children. In an experiment, the parents did not always vote in their children's interest and people who voted for younger generations under a normal voting system did not necessarily vote for them. These outcomes undermine the intended effect of the Demeny system. On the other hand, groups with imaginary future generation subjects in an experiment tended to choose a sustainable alternative. When people considered choosing future policies in actual practice, the current generation tended to focus upon the current unsolved problems, whereas the imaginary future generation tended to create original policies for future generations.

Suggested Citation

  • Saijo, Tatsuyoshi, 2017. "Future Design," Economic Review, Hitotsubashi University, vol. 68(1), pages 33-45, January.
    • Handle: RePEc:hit:ecorev:v:68:y:2017:i:1:p:33-45
    DOI: 10.15057/28328
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    Other versions of this item:

    • Tatsuyoshi Saijo, 2019. "Future Design," Working Papers SDES-2019-5, Kochi University of Technology, School of Economics and Management, revised Jun 2019.

    References listed on IDEAS

    as
    1. Shibly Shahrier & Koji Kotani & Tatsuyoshi Saijo, 2016. "Intergenerational sustainability and the degree of capitalism in the society: A field experiment," Working Papers SDES-2016-10, Kochi University of Technology, School of Economics and Management, revised Jul 2016.
    2. Tatsuyoshi Saijo, 2020. "Future Design: Bequeathing Sustainable Natural Environments and Sustainable Societies to Future Generations," Sustainability, MDPI, vol. 12(16), pages 1-21, August.
    3. Keishiro Hara & Ritsuji Yoshioka & Masashi Kuroda & Shuji Kurimoto & Tatsuyoshi Saijo, 2017. "Reconciling intergenerational conflicts with imaginary future generations - Evidence from a participatory deliberation practice in a municipality in Japan -," Working Papers SDES-2017-19, Kochi University of Technology, School of Economics and Management, revised Oct 2017.
    4. Gary Hansen & Selahattin Imrohoroglu, 2016. "Fiscal Reform and Government Debt in Japan: A Neoclassical Perspective," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 21, pages 201-224, July.
    5. Yoshinori NAKAGAWA & Keishiro HARA & Tatsuyoshi SAIJO, 2017. "Becoming Sympathetic to the Needs of Future Generations:A Phenomenological Study of Participation in Future Design Workshops," Working Papers SDES-2017-4, Kochi University of Technology, School of Economics and Management, revised May 2017.
    6. Shibly Shahrier & Koji Kotani & Tatsuyoshi Saijo, 2017. "Intergenerational sustainability dilemma and a potential solution: Future ahead and back mechanism," Working Papers SDES-2017-9, Kochi University of Technology, School of Economics and Management, revised Aug 2017.
    7. Raja Rajendra Timilsina & Koji Kotani & Yoshinori Nakagawa & Tatsuyoshi Saijo, 2023. "Does Being Intergenerationally Accountable Resolve the Intergenerational Sustainability Dilemma?," Land Economics, University of Wisconsin Press, vol. 99(4), pages 644-667.
    8. Yoshinori Nakagawa & Koji Kotani & Mika Matsumoto & Tatsuyoshi Saijo, 2017. "Intergenerational retrospective viewpoints and individual prefe ences of policies for future: A deliberative experiment for forest management," Working Papers SDES-2017-24, Kochi University of Technology, School of Economics and Management, revised Nov 2017.
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    More about this item

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • P41 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Planning, Coordination, and Reform

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