Sustainability with endogenous discounting when utility depends on consumption and amenities

DOI10.1016/j.mathsocsci.2018.07.003zbMath1419.91546OpenAlexW2883635399MaRDI QIDQ1737123

John M. Hartwick, Ngo Van Long

Publication date: 26 March 2019

Published in: Mathematical Social Sciences (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.mathsocsci.2018.07.003

zbMATH Keywords

sustainabilitynatural resourcecapital functionconsumption good production

Mathematics Subject Classification ID

Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Cites Work

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• The MBR intertemporal choice criterion and Rawls' just savings principle
• Impatience, pollution, and indeterminacy
• The zero discounting and maximin optimal paths in a simple model of global warming
• Hartwick's rule and maximin paths when the exhaustible resource has an amenity value
• Combining rights and welfarism: a new approach to intertemporal evaluation of social alternatives
• A simple dynamic general equilibrium model
• Using Elasticities to Derive Optimal Income Tax Rates
• Optimal Growth, Resource Amenities and the Preservation of Natural Environments
• On Hartwick's Rule for Regular Maximin Paths of Capital Accumulation and Resource Depletion
• A NOTE ON THE CONSEQUENCES OF AN ENDOGENOUS DISCOUNTING DEPENDING ON THE ENVIRONMENTAL QUALITY
• Stationary Ordinal Utility and Impatience

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