The zero discounting and maximin optimal paths in a simple model of global warming

DOI10.1016/j.mathsocsci.2009.10.002zbMath1202.91258OpenAlexW2166664207MaRDI QIDQ964305

Katheline Schubert, John M. Hartwick, Antoine d'Autume

Publication date: 15 April 2010

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

Full work available at URL: https://doi.org/10.1016/j.mathsocsci.2009.10.002

zbMATH Keywords

maximinsustainabilityglobal warmingpolluting exhaustible resourceszero discounting

Mathematics Subject Classification ID

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

Related Items (4)

Sustainability criterion implied externality pricing for resource extraction ⋮ Combining rights and welfarism: a new approach to intertemporal evaluation of social alternatives ⋮ Sustainability of an economy relying on two reproducible assets ⋮ Sustainability with endogenous discounting when utility depends on consumption and amenities

Cites Work

• Hartwick's rule and maximin paths when the exhaustible resource has an amenity value
• On Hartwick's Rule for Regular Maximin Paths of Capital Accumulation and Resource Depletion
• On Optimal Depletion of Exhaustible Resources: Existence and Characterization Results
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