Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Economics

2010

Economics Department Working Paper Series

Intergenerational justice

Articles 1 - 1 of 1

Full-Text Articles in Social and Behavioral Sciences

Intergenerational Justice In The Hobbesian State Of Nature, Paola Manzini, Marco Mariotti, Roberto Veneziani Sep 2010

Intergenerational Justice In The Hobbesian State Of Nature, Paola Manzini, Marco Mariotti, Roberto Veneziani

Economics Department Working Paper Series

We analyse the issue of justice in the allocation of resources across generations. Our starting point is that if all generations have a claim to natural resources, then each generation should be entitled to exercise veto power on the unpalatable choices of the other generations. We analyse this situation as one of bargaining à la Rubinstein, Safra and Thomson [15], which incorporates a notion of justice as mutual advantage, rather than justice as impartiality, as in the Kantian-Rawlsian tradition. Our framework captures some key aspects of the interaction between isolated agents in a Hobbesian state of nature, in which agents …