SFB 303 Discussion Paper No. A - 392
Author: Lang, Günther
Title: Just Resource Sharing Among Generations: Equity, Efficiency, and
Abstract: This paper investigates whether a fair resource sharing among generations
is possible. It turns out that existence crucially depends on the development
of population and the durability and productivity of capital. Moreover, if a
fair allocation does exist for non-negative growth rates of population then
it can be shown that there is even an optimal growth rate which guarantees a
fair resource sharing among generations in the sense that it provides the
highest possible common utility for all of them.
Creation-Date: December 1992
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