Intergenerational equity and dynamic duality principles | Zendy

Hirofumi Uzawa | Zendy

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Intergenerational equity and dynamic duality principles

Author(s) -

Hirofumi Uzawa

Publication year - 2002

Publication title -

discrete dynamics in nature and society

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.264

H-Index - 39

eISSN - 1607-887X

pISSN - 1026-0226

DOI - 10.1155/s1026022602000286

Subject(s) - duality (order theory) , equity (law) , mathematical economics , intergenerational equity , economics , mathematics , microeconomics , pure mathematics , political science , biology , ecology , law , sustainability

The concept of intergenerational equity concerning intertemporal paths of consumption and capital accumulation is introduced and the analysis of the dynamic processes of capital accumulation and changes in environmental quality that are intergenerationally equitable is developed. The analysis is based upon the dynamic duality principles, as originally developed by Koopmans and Uzawa, and later extended to the case involving environmental quality

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