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The Malleability of Undiscounted Utilitarianism as a Criterion of Intergenerational Justice

Bibliographic Data

ID9720831
AuthorsGeir B Asheim (0000-0003-0669-4632, University of Oslo), Wolfgang Buchholz (University of Regensburg)
Year2003
Volume70
Issue279
Pages405-422
Publication date2003-08-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherWiley (PUBLISHER • GB)
DOI10.1111/1468-0335.t01-1-00290
OpenAlexW1998627858
LanguageEN
Citations received4
References cited30

Discounting future utilities is often justified by the ethically motivated objective of protecting earlier generations from the excessive saving that seems to be implied by undiscounted utilitarianism in productive economies. We question this justification of discounting by showing that undiscounted utilitarianism has sufficient malleability within important classes of technologies: any efficient and non‐decreasing allocation can be the unique optimum according to an undiscounted utilitarian criterion for some choice of utility function

Computer security · Discounting · Economic Justice · Economics · Function (biology) · Law and economics · Malleability · Microeconomics · Political science · Utilitarianism · Climate Change Policy and Economics · Computer Science · Economic Theory and Institutions · Law · Sustainable Development and Environmental Policy

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Unique citing works4
Citations per year0,21
Citation span2007 - 2023 (17)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 4

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