Endress, Lee; Pongkijvorasin, Sittidaj; Roumasset, James; … - Department of Economics, University of Hawaii-Manoa - 2009
We argue that intergenerational neutrality has been prematurely excluded from the dialogue on sustainable growth. By incorporating Burton’s distinction between intragenerational and intergenerational discounting into a model suitable for analyzing sustainability issues, we are able to...