A utilitarian notion of responsibility for sustainability
Research output: Working paper › Working papers
Authors
We develop and formalize a utilitarian notion of responsibility for sustainability which is inspired by Singer's (1972) principle and the Brundtland Commission?s notion of sustainability (WCED 1987). We relate this notion of responsibility to established criteria for the assessment of intertemporal societal choice, namely Pareto-efficiency, (discounted) utilitarian welfare maximization, and Brundtland-sustainability. Using a two-generationsresource- model, we find the following. Sustainability and responsibility for sustainability are equivalent if and only if sustainability is feasible. If it is not, there still exists a responsible allocation which is also Pareto-efficient. Further, the utilitarian welfare maximum without discounting always fulfills the criterion of responsibility. Discounting may be responsible to a certain extent if sustainability is feasible. If sustainability is not feasible, discounting is not responsible.
Original language | English |
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Place of Publication | Lüneburg |
Publisher | Institut für Volkswirtschaftslehre der Universität Lüneburg |
Number of pages | 24 |
Publication status | Published - 2012 |
- Sustainability Science - basic needs, Brundtland, discounting, ethics, natural resources, Pareto efficiency, responsibility, Singer, sustainability, utilitarianism
- Economics