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dc.contributor.authorSchumacher, Ingmaren_US
dc.contributor.authorZou, Bentengen_US
dc.date.accessioned2008-07-24en_US
dc.date.accessioned2011-01-24T10:24:05Z-
dc.date.available2011-01-24T10:24:05Z-
dc.date.issued2005en_US
dc.identifier.piurn:nbn:de:hbz:361-7822en_US
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_US
dc.language.isoengen_US
dc.publisherInst. of Mathematical Economics, IMW Bielefelden_US
dc.relation.ispartofseriesWorking papers // Institute of Mathematical Economics 371en_US
dc.subject.jelQ20en_US
dc.subject.jelI31en_US
dc.subject.ddc330en_US
dc.subject.keywordIntergenerational equityen_US
dc.subject.keywordOverlapping generationsen_US
dc.subject.keywordFlip bifurcationen_US
dc.subject.keywordWelfare analysisen_US
dc.subject.keywordPollutionen_US
dc.subject.stwUmweltbelastungen_US
dc.subject.stwGenerationenbeziehungenen_US
dc.subject.stwGerechtigkeiten_US
dc.subject.stwUmweltbewusstseinen_US
dc.subject.stwOverlapping Generationsen_US
dc.subject.stwTheorieen_US
dc.titlePollution perception: An inquiry into intergenerational equityen_US
dc.typeWorking Paperen_US
dc.identifier.ppn57250120Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Papers, Center for Mathematical Economics (IMW), Bielefeld University

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