MAXIMIN WITHOUT DISCOUNTING

DOI10.1111/J.1939-7445.2003.TB00105.XMaRDI QIDQ4434344zbMATH OpenOpenAlexFDO

Authors Robert D. Cairns

Publication date 2003

Published in Natural Resource Modeling (Search for Journal in Brave)

Full work available at URL http://math.la.asu.edu/~rmmc/nrm/Vol16-2/CAI/CAI.html

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Economic growth models (91B62)

Recommendations

• Sustainability revisited
• Sustainability and discounted utilitarianism in models of economic growth
• Fundamental utilitarianism and intergenerational equity with extinction discounting
• Justifying social discounting: the rank-discounted utilitarian approach
• On maximin dynamic programming and the rate of discount

Cites work

• On Hartwick's Rule for Regular Maximin Paths of Capital Accumulation and Resource Depletion
• The converse of Hartwick's rule and uniqueness of the sustainable path

Cited in

(2)

• Faustmann's formulas for forests
• Viability analysis for the sustainable management of renewable resources

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