Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/43840 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorSchumacher, Ingmaren
dc.contributor.authorZou, Bentengen
dc.date.accessioned2008-07-24-
dc.date.accessioned2011-01-24T10:24:05Z-
dc.date.available2011-01-24T10:24:05Z-
dc.date.issued2005-
dc.identifier.piurn:nbn:de:hbz:361-7822en
dc.identifier.urihttp://hdl.handle.net/10419/43840-
dc.description.abstractIn this article we extend the recent literature on overlapping generations with a pollution sector by allowing generations to have a certain pollution perception with regards to the stock of pollution. Pollution perception, assumed to be part of the generations' preferences, can be either a concern for the flow of pollution only, or for the stock, or anything in between. We analyse the different steady states for their implications on intergenerational equity. Our main result is that if generations are only partly concerned with the actual stock of pollution, then periodic cycling will occur. We use the concept of Intergenerational Moral Intuition to analyse this periodic cycling. Our main policy conclusion is that decision makers who would like to achieve intergenerational equitable outcomes must either use the maximin criterion or take decisions spanning several generations in order to avoid the period cycling effect.en
dc.language.isoengen
dc.publisher|aBielefeld University, Institute of Mathematical Economics (IMW) |cBielefelden
dc.relation.ispartofseries|aWorking Papers |x371en
dc.subject.jelQ20en
dc.subject.jelI31en
dc.subject.ddc330en
dc.subject.keywordIntergenerational equityen
dc.subject.keywordOverlapping generationsen
dc.subject.keywordFlip bifurcationen
dc.subject.keywordWelfare analysisen
dc.subject.keywordPollutionen
dc.subject.stwUmweltbelastungen
dc.subject.stwGenerationenbeziehungenen
dc.subject.stwGerechtigkeiten
dc.subject.stwUmweltbewusstseinen
dc.subject.stwOverlapping Generationsen
dc.subject.stwTheorieen
dc.titlePollution perception: An inquiry into intergenerational equity-
dc.typeWorking Paperen
dc.identifier.ppn57250120Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size
763.44 kB





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