Equitable Use of the Resource Base

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T Page: Resources for the Future, Washington, DC 20036, USA

Environment and Planning A, 1977, vol. 9, issue 1, 15-22

Abstract: This paper discusses the issue of intertemporal equity in terms of conservation of the resource base. Maximisation of present value is seen as a ‘dictatorship of the present’ leading to intertemporal inconsistency. The alternative perspective, that of a Rawlsian original position, suggests replication of the resource base over time as a social goal, and the need for mechanisms more active than resource reservation to work toward this objective.

Date: 1977
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:9:y:1977:i:1:p:15-22

DOI: 10.1068/a090015

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