EconPapers    
Economics at your fingertips  
 

Generous Sustainability

Reyer Gerlagh

Ecological Economics, 2017, vol. 136, issue C, 94-100

Abstract: I define “generous sustainability” as a combination of two conditions: neither instantaneous maximin utility nor attainable maximin utility should decrease over time. I provide a formal definition and study applications to a Climate Economy with bounded and with unbounded growth. Generosity is shown to require that GHG emissions are limited to levels that do not cause irreversible system damages if some group of people systematically value these systems.

Keywords: Sustainability; Sustainable development; Intergenerational distribution; Growth; Climate (search for similar items in EconPapers)
JEL-codes: D63 D90 Q01 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0921800916310424
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Generous Sustainability (2014) Downloads
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:eee:ecolec:v:136:y:2017:i:c:p:94-100

Access Statistics for this article

Ecological Economics is currently edited by C. J. Cleveland

More articles in Ecological Economics from Elsevier
Series data maintained by Dana Niculescu ().

 
Page updated 2017-10-06
Handle: RePEc:eee:ecolec:v:136:y:2017:i:c:p:94-100