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dc.contributor.authorFünfgelt, Joachimen_US
dc.contributor.authorBaumgärtner, Stefanen_US
dc.date.accessioned2012-03-20en_US
dc.date.accessioned2012-04-17T12:56:00Z-
dc.date.available2012-04-17T12:56:00Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/57167-
dc.description.abstractWe develop and formalize a utilitarian notion of responsibility for sustainability which is inspired by Singer's (1972) principle and the Brundtland Commission's notion ofsustainability (WCED 1987). We relate this notion of responsibility to established criteria forthe assessment of intertemporal societal choice, namely Pareto-efficiency, (discounted) utilitarian welfare maximization, and Brundtland-sustainability. Using a two-generationsresource-model, we find the following. Sustainability and responsibility for sustainability are equivalent if and only if sustainability is feasible. If it is not, there still exists a responsible allocation which is also Pareto-efficient. Further, the utilitarian welfare maximum without discounting always fulfills the criterion of responsibility. Discounting may be responsible to a certain extent if sustainability is feasible. If sustainability is not feasible, discounting is not responsible.en_US
dc.language.isoengen_US
dc.publisherUniv., Inst. für Volkswirtschaftslehre Lüneburgen_US
dc.relation.ispartofseriesUniversity of Lüneburg Working Paper Series in Economics 234en_US
dc.subject.jelD63en_US
dc.subject.jelD90en_US
dc.subject.jelQ01en_US
dc.subject.jelG56en_US
dc.subject.ddc330en_US
dc.subject.keywordbasic needsen_US
dc.subject.keywordBrundtlanden_US
dc.subject.keyworddiscountingen_US
dc.subject.keywordethicsen_US
dc.subject.keywordnatural resourcesen_US
dc.subject.keywordPareto efficiencyen_US
dc.subject.keywordresponsibilityen_US
dc.subject.keywordSingeren_US
dc.subject.keywordsustainabilityen_US
dc.subject.keywordutilitarianismen_US
dc.subject.stwNachhaltige Entwicklungen_US
dc.subject.stwVerantwortungen_US
dc.subject.stwUtilitarismusen_US
dc.subject.stwGrundbedürfnisseen_US
dc.subject.stwAbzinsungen_US
dc.subject.stwPareto-Optimumen_US
dc.subject.stwTheorieen_US
dc.titleA utilitarian notion of responsibility for sustainabilityen_US
dc.typeWorking Paperen_US
dc.identifier.ppn688845541en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Paper Series in Economics, Leuphana Universität Lüneburg

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