The MBR social welfare criterion meets Rawls' view of intergenerational equity
Le critère MBR sur le bien être social renjoint le point de vue de Rawls sur l'équité intergénerationelle.
Résumé
In this paper we further explore the properties of the Mixed Bentham- Rawls (MBR) criterion for intergenerational justice that was introduced in Alvarez-Cuadrado and Long (2009). In a simple economy with a nat- ural resource, cast in discrete time, we study the problem to .nd the best exploitation policy under the MBR criterion. We .nd out su¢ cient condi- tions for optimality, that complements the necessary .rst order conditions o¤ered in Alvarez-Cuadrado and Long (2009). Then, we retain a speci.ed version of the model in which we compute the optimal path and shed light on the consequences of using this criterion from the point of view of eq- uity between generations. Interestingly enough, the best program under the MBR criterion shows a pattern of exploitation of the natural resource that is in line with recent proposals made by philosophers to go beyond the rawlsian criterion.
Domaines
Sciences de l'Homme et Société
Origine : Fichiers produits par l'(les) auteur(s)
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