The Impacts of Other-Regarding Preferences and Ethical Choice on Environmental Outcomes: A Review of the Literature

Ngo Long

CIRANO Working Papers from CIRANO

Abstract: This paper reviews the literature concerning the impacts of other-regarding preferences and ethical choice on environmental outcomes when agents behave strategically. We consider two types of other-regarding preferences: (i) envy or status concern, (ii) altruism and inequality aversion. We contrast the preference-based approach with the ethical approach in which some choices are made on ethical ground and thus are not necessarily utility-maximizing. Models exhibiting other-regarding preferences do not yield unambiguous results concerning the effects of strategic behavior on the environment. In contrast, models in which choices are motivated by Kantian ethics display more robust results. Cet article offre un survol de la littérature sur les effets environnementaux des choix motivés par des considérations éthiques et des préférences qui portent sur les autres. On considère les préférences influencées par i) l’envie ou par ii) l’altruisme et l’aversion de l’inégalité. On compare l’approche basée sur ces préférences et l’approche basée sur l’éthique. Les modèles inspirés de la première approche ne donnent pas des résultats robustes. Par contre, les modèles basés sur la dernière approche sont beaucoup plus robustes.

Keywords: Corporate governance; environment; Kantian equilibrium, Gouvernance d’entreprise; environnement; équilibre kantien (search for similar items in EconPapers)
JEL-codes: Q31 Q42 (search for similar items in EconPapers)
Date: 2016-02-22
New Economics Papers: this item is included in nep-env, nep-soc and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
https://cirano.qc.ca/files/publications/2016s-10.pdf

Related works:
Journal Article: The Impacts of Other-Regarding Preferences and Ethical Choice on Environmental Outcomes: A Review of the Literature (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cir:cirwor:2016s-10

Access Statistics for this paper

More papers in CIRANO Working Papers from CIRANO Contact information at EDIRC.
Bibliographic data for series maintained by Webmaster ().