EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/26128
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorSinn, Hans-Werneren_US
dc.date.accessioned2008-01-02en_US
dc.date.accessioned2009-07-28T08:16:15Z-
dc.date.available2009-07-28T08:16:15Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/26128-
dc.description.abstractThis note generalizes the Solow-Stiglitz efficiency condition for natural resources to the problem of fossil fuel extraction with a greenhouse effect. The generalized optimality condition suggests that the greenhouse effect implies overextraction in the sense of leaving future generations a wrongly composed wealth portfolio with too few natural resources relative to man-made capital. This judgment is independent of society’s ethical preferences concerning the well-being of future generations.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 2083en_US
dc.subject.jelO13en_US
dc.subject.jelQ32en_US
dc.subject.jelQ54en_US
dc.subject.ddc330en_US
dc.subject.stwKlimaveränderungen_US
dc.subject.stwTreibhausgasen_US
dc.subject.stwFossiler Energieträgeren_US
dc.subject.stwRohstoffressourcenen_US
dc.subject.stwGenerationenbeziehungenen_US
dc.subject.stwPareto-Optimumen_US
dc.subject.stwTheorieen_US
dc.titlePareto optimality in the extraction of fossil fuels and the greenhouse effect: a noteen_US
dc.typeWorking Paperen_US
dc.identifier.ppn555918033en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

Files in This Item:
File Description SizeFormat
555918033.PDF278.07 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.