Justifying Sustainability

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...

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Veröffentlicht in:Journal of environmental economics and management 2001-05, Vol.41 (3), p.252-268
Hauptverfasser: Asheim, Geir B., Buchholz, Wolfgang, Tungodden, Bertil
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container_title Journal of environmental economics and management
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creator Asheim, Geir B.
Buchholz, Wolfgang
Tungodden, Bertil
description 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.
doi_str_mv 10.1006/jeem.2000.1137
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subjects Economic efficiency
Economic models
Efficiency
Environmental economics
Equity
ethical preferences
Ethics
Public choice
Social theory
Studies
Suppes–Sen grading principle
Sustainability
Sustainable development
Technology
title Justifying Sustainability
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