Generous sustainability

Reyer Gerlagh*

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

3 Citations (Scopus)

Abstract

I define "generous sustainability" as a combination of two conditions: neither instantaneous maximin utility nor attainable maximin utility should decrease over time. I provide a formal definition and study applications to a Climate Economy with bounded and with unbounded growth. Generosity is shown to require that GHG emissions are limited to levels that do not cause irreversible system damages if some group of people systematically value these systems. (C) 2017 Elsevier B.V. All rights reserved.

Original languageEnglish
Pages (from-to)94-100
JournalEcological Economics
Volume136
DOIs
Publication statusPublished - Jun 2017

Keywords

  • Sustainability
  • Sustainable development
  • Intergenerational distribution
  • Growth
  • Climate

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