SFB 303 Discussion Paper No. A - 392

Author: Lang, Günther
Title: Just Resource Sharing Among Generations: Equity, Efficiency, and Optimal Population
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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