Abstract

 


 



A Utilitarian Notion of Responsibility for Sustainability


Joachim Fünfgelt


Leuphana University of Lüneburg - Dept. of Sustainability Sciences and Dept. of Economics

Stefan Baumgärtner


Leuphana University of Lüneburg - Dept. of Sustainability Sciences and Dept. of Economics

March 16, 2012

University of Lüneburg Working Paper Series in Economics No. 234

Abstract:     
We develop and formalize a utilitarian notion of responsibility for sustainability which is inspired by Singer‟s (1972) principle and the Brundtland Commission‟s notion of sustainability (WCED 1987). We relate this notion of responsibility to established criteria for the assessment of intertemporal societal choice, namely Pareto-efficiency, (discounted) utilitarian welfare maximization, and Brundtland-sustainability. Using a two-generations-resource-model, we find the following. Sustainability and responsibility for sustainability are equivalent if and only if sustainability is feasible. If it is not, there still exists a responsible allocation which is also Pareto-efficient. Further, the utilitarian welfare maximum without discounting always fulfills the criterion of responsibility. Discounting may be responsible to a certain extent if sustainability is feasible. If sustainability is not feasible, discounting is not responsible.

Number of Pages in PDF File: 19

Keywords: basic needs, Brundtland, discounting, ethics, natural resources, Pareto efficiency, responsibility, Singer, sustainability, utilitarianism

JEL Classification: D63, D90, Q1, G56

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Date posted: March 22, 2012  

Suggested Citation

Fünfgelt, Joachim and Baumgärtner, Stefan, A Utilitarian Notion of Responsibility for Sustainability (March 16, 2012). University of Lüneburg Working Paper Series in Economics No. 234 . Available at SSRN: http://ssrn.com/abstract=2026820 or http://dx.doi.org/10.2139/ssrn.2026820

Contact Information

Joachim Fünfgelt (Contact Author)
Leuphana University of Lüneburg - Dept. of Sustainability Sciences and Dept. of Economics ( email )
Scharnhorststrasse 1
Lüneburg, 21314
Germany
HOME PAGE: http://www.leuphana.de/insugo
Stefan Baumgärtner
Leuphana University of Lüneburg - Dept. of Sustainability Sciences and Dept. of Economics ( email )
Germany
HOME PAGE: http://www.leuphana.de/seg
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