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dc.contributor.authorBuchholz, Wolfgangen_US
dc.contributor.authorSchymura, Michaelen_US
dc.date.accessioned2011-05-11en_US
dc.date.accessioned2011-05-12T09:33:49Z-
dc.date.available2011-05-12T09:33:49Z-
dc.date.issued2011en_US
dc.identifier.piurn:nbn:de:bsz:180-madoc-31822-
dc.identifier.urihttp://hdl.handle.net/10419/45490-
dc.description.abstractThe evaluation of long-term effects of climate change in cost-benefit analysis has a long tradition in environmental economics. Since the publication of the Stern Review in 2006 the debate about the 'appropriate' discounting of future welfare and utility levels was revived and the most renowned scholars of the profession participated in this debate. But it seems that some contributions dealing with the Stern Review and the Review itself mixed up normative and positive issues to defend the own position. Furthermore, as we argue in this contribution, it also seems that the debate misses the heart of the problem. The aim of this work is to bring together economic and philosophical reasoning about justice and intergenerational equity in the context of climate change. So we adopt the normative view in order to present the most important ethical issues that, particularly in the context of climate policy, are most relevant for the choice of intertemporal welfare criteria. Subsequently we explore whether ethical considerations may also be helpful to determine the parameter values (or at least to delimit their range) which, after the choice of some type of intertemporal social welfare function, are needed to specify the concrete criterion that is employed to make decisions on climate policy.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 11-031en_US
dc.subject.jelQ53en_US
dc.subject.ddc330en_US
dc.subject.keywordIntertemporal ethicsen_US
dc.subject.keywordDistributionen_US
dc.subject.keywordDiscountingen_US
dc.subject.keywordClimate Changeen_US
dc.titleIntertemporal evaluation criteria for climate change policy: the basic ethical issuesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn657571547en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:11031-
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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