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dc.contributor.authorWeikard, Hans-Peteren_US
dc.description.abstractThe value concept of traditional resource economics is welfare. Therefore, sustainability of welfare is often taken to characterise our obligations to future generations. This paper argues that this view is inappropriate because it leaves no room for future generations autonomy. Future generations should be free to make their own decisions. Consequently freedom of choice is the appropriate value concept on which resource economics should be based. The concept of sustainability receives a new interpretation. Sustainability is a principle of intertemporal distributive justice which requires equitable opportunities across generations.en_US
dc.publisherUniv., Wirtschafts- und Sozialwiss. Fak. Potsdamen_US
dc.relation.ispartofseriesFinanzwissenschaftliche Diskussionsbeiträge 11en_US
dc.titleSustainable freedom of choice: a new concepten_US
dc.typeWorking Paperen_US
Appears in Collections:Finanzwissenschaftliche Diskussionsbeiträge, Universität Potsdam

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