Joint research unit 7235

Sustainability of an economy relying on two reproducible assets

Robert D. Cairns, Vincent Martinet, Stellio Del campo

Evaluating the sustainability of a society requires a system of shadow or accounting values derived from the sustainability objective. As a first step toward the derivation of such shadow values for a maximin objective, this paper studies an economy composed of two reproducible assets, each producing one of two consumption goods. The effect of the substitutability between goods in utility is studied by postulating, in turn, neoclassical diminishing marginal substitutability, perfect substitutability and perfect complementarity. The degree of substitutability has strong effects on the maximin solution, affecting the regularity or non-regularity of the program, and on the accounting values. This has important consequences for the computation of genuine savings and the sustainability prospects of future generations.

AGENDA

Thursday 1 June 2023

Feebate on new vehicles : pass-through on the second-hand market and distributional impacts

Quentin Hoarau

Feebate on new vehicles : pass-through on the second-hand market and distributional impacts

Thursday 1 June 2023

Lunch

Quentin Hoarau

Feebate on new vehicles : pass-through on the second-hand market and distributional impacts

Friday 2 June 2023

Rencontres économiques

9h30 à 11h30

Le renouveau industriel français est-il encore possible ?

Friday 2 June 2023

Le renouveau industriel français est-il encore possible ?

9h30 à 11h30

Le renouveau industriel français est-il encore possible ?

Thursday 8 June 2023

Doctorants

Sahil Chopra (Université Sorbonne Paris-Nord)

Economics of litigation : Securities class action with third-party funding

Thursday 8 June 2023

Economics of litigation : Securities class action with third-party funding

Sahil Chopra (Université Sorbonne Paris-Nord)

Economics of litigation : Securities class action with third-party funding

Monday 12 June 2023

Law, Institutions and Economics in Nanterre (LIEN)

Arthur Silve (IAST / Univ. Laval)

TBA

Monday 12 June 2023

TBA

Arthur Silve (IAST / Univ. Laval)

TBA

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