Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency

DSpace/Manakin Repository

Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency

Citable link to this page

 

 
Title: Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency
Author: Kaplow, Louis
Citation: Louis Kaplow, Discounting Dollars, Discounting Lives: Intergenerational Distributive Justice and Efficiency, 74 U. Chi. L. Rev. 79 (2007).
Full Text & Related Files:
Abstract: The view that intergenerational distributive justice and efficiency should be treated separately is familiar, yet controversial. This Article elaborates the often-implicit justifications for separate treatment and provides a more express statement of how and when such treatment is appropriate. Substantial attention is devoted to an approach that holds constant the intra- and intergenerational distribution of well-being, which proves to be a valuable analytical device even for intergenerational policies that are not distribution neutral. Also explored are possible interrelationships between intergenerational distributive justice and efficiency, the choice of interest rate for discounting dollars, and how the present approach relates to those that would employ direct social weights to dollars at different points in time.
Published Version: doi:10.3386/w12239
Other Sources: https://lawreview.uchicago.edu/sites/lawreview.uchicago.edu/files/uploads/74.1/74_1_Kaplow.pdf
Terms of Use: This article is made available under the terms and conditions applicable to Other Posted Material, as set forth at http://nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of-use#LAA
Citable link to this page: http://nrs.harvard.edu/urn-3:HUL.InstRepos:12186653
Downloads of this work:

Show full Dublin Core record

This item appears in the following Collection(s)

 
 

Search DASH


Advanced Search
 
 

Submitters