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Prioritarianism and Climate Change

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  • Matthew Adler
  • Nicolas Treich

Abstract

Prioritarianism is the ethical view that gives greater weight to well-being changes affecting individuals at lower well-being levels. This view is influential both in moral philosophy, and in theoretical work on social choice—where it is captured by a social welfare function (“SWF”) summing a concave transformation of individual well-being numbers. However, prioritarianism has largely been ignored by scholarship on climate change. This Article compares utilitarianism and prioritarianism as frameworks for evaluating climate policy. It reviews the distinctive normative choices that are required for the prioritarian approach: specifying a ratio scale for well-being (if the prioritarian SWF takes the standard “Atkinson” form); determining the degree of concavity of the transformation function (i.e., the degree of social inequality aversion); and choosing between “ex ante” and “ex post” prioritarianism under conditions of risk. The Article also sketches some of salient implications of a prioritarian SWF for climate policy—with respect to the social cost of carbon, the social discount rate, optimal mitigation, and the “dismal theorem.” Finally, it discusses the issue of variable population. Copyright Springer Science+Business Media Dordrecht 2015

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  • Matthew Adler & Nicolas Treich, 2015. "Prioritarianism and Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(2), pages 279-308, October.
  • Handle: RePEc:kap:enreec:v:62:y:2015:i:2:p:279-308
    DOI: 10.1007/s10640-015-9960-7
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    4. Heindl, Peter & Kanschik, Philipp, 2016. "Ecological sufficiency, individual liberties, and distributive justice: Implications for policy making," Ecological Economics, Elsevier, vol. 126(C), pages 42-50.
    5. Thomas Sterner, 2015. "Beyond IPCC, Research for Paris 2015 and Beyond," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 62(2), pages 207-215, October.
    6. Martin Bohle & Eduardo Marone, 2021. "Geoethics, a Branding for Sustainable Practices," Sustainability, MDPI, vol. 13(2), pages 1-12, January.
    7. Matthew Adler & David Anthoff & Valentina Bosetti & Greg Garner & Klaus Keller & Nicolas Treich, 2017. "Priority for the worse-off and the social cost of carbon," Nature Climate Change, Nature, vol. 7(6), pages 443-449, June.
    8. Martinet, Vincent & Del Campo, Stellio & Cairns, Robert D., 2022. "Intragenerational inequality aversion and intergenerational equity," European Economic Review, Elsevier, vol. 144(C).
    9. Rising, James A. & Taylor, Charlotte & Ives, Matthew C. & Ward, Robert E.T., 2022. "Challenges and innovations in the economic evaluation of the risks of climate change," Ecological Economics, Elsevier, vol. 197(C).
    10. Méjean, Aurélie & Pottier, Antonin & Zuber, Stéphane & Fleurbaey, Marc, 2023. "Opposite ethical views converge under the threat of catastrophic climate change," Ecological Economics, Elsevier, vol. 212(C).
    11. Rising, James A. & Taylor, Charlotte & Ives, Matthew C. & Ward, Robert E.t., 2022. "Challenges and innovations in the economic evaluation of the risks of climate change," LSE Research Online Documents on Economics 114941, London School of Economics and Political Science, LSE Library.

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