INEQUALITY AVERSION, RESOURCE DEPLETION AND SUSTAINABILITY

Authors
COLLARD D
Citation
D. Collard, INEQUALITY AVERSION, RESOURCE DEPLETION AND SUSTAINABILITY, Economics letters, 45(4), 1994, pp. 513-517
Citations number
7
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
45
Issue
4
Year of publication
1994
Pages
513 - 517
Database
ISI
SICI code
0165-1765(1994)45:4<513:IARDAS>2.0.ZU;2-F
Abstract
A welfare function which incorporates aversion to inequality across ge nerations is applied to the 'cake-eating' problem and it is shown that sustainability with positive welfare will be ensured provided that in equality aversion is sufficiently strong.