Rawlsian Intergenerational Justice as a Markov-Perfect Equilibrium in a Resource Technology

DOI10.2307/2297396zbMath0647.90015OpenAlexW2072782365MaRDI QIDQ3792446

Geir B. Asheim

Publication date: 1988

Published in: The Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2297396

zbMATH Keywords

extensive form gamenonrenewable resourcesubgame-perfect equilibriaRawlsian maximin criterionintergenerational allocationreproducible capital

Mathematics Subject Classification ID

Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Social choice (91B14)

Related Items (9)

Rawlsian equity and generalised utilitarianism with an infinite population ⋮ Sustainable growth ⋮ The MBR intertemporal choice criterion and Rawls' just savings principle ⋮ Planning for the long run: programming with patient, Pareto responsive preferences ⋮ Sustainability and discounted utilitarianism in models of economic growth ⋮ Dynamic games in the economics of natural resources: a survey ⋮ A mixed Bentham-Rawls criterion for intergenerational equity: theory and implications ⋮ Maximin growth paths with recursive preferences: A complete characterization ⋮ Unjust intergenerational allocations

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