Irreversibility and uncertainty cause an intergenerational equity-efficiency trade-off
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DOI: 10.1016/j.ecolecon.2016.08.015
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More about this item
Keywords
Climate change; Closed ignorance; Intergenerational equity-efficiency trade-off; Irreversibility; Pareto-efficiency; Sustainability; Unawareness;All these keywords.
JEL classification:
- D3 - Microeconomics - - Distribution
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
- Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)
- Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
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