Intergenerational Bubbles of Beliefs for Sustainability
| Autor: | Keiichiro Kobayashi, Asako Chiba |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2020 |
| Předmět: |
Value (ethics)
media_common.quotation_subject Geography Planning and Development TJ807-830 010501 environmental sciences Management Monitoring Policy and Law TD194-195 01 natural sciences Renewable energy sources Rendering (computer graphics) Microeconomics Politics 0502 economics and business belief system Economics GE1-350 Asset (economics) 050207 economics Notional amount 0105 earth and related environmental sciences media_common Simple (philosophy) Environmental effects of industries and plants Renewable Energy Sustainability and the Environment 05 social sciences unlimited growth intergenerational altruism rational-expectations equilibrium Environmental sciences Sustainability Ideology |
| Zdroj: | Sustainability, Vol 12, Iss 10652, p 10652 (2020) Sustainability Volume 12 Issue 24 |
| ISSN: | 2071-1050 |
| Popis: | We constructed a simple model of a dynamic economy in which the current generation chooses to excessively consume, thereby rendering society unsustainable. In such an economy, we assumed that a notional bubbly asset emerges, and its value grows if the current generation conserves adequate resources for future generations. Provided that the bubbly asset is considered valuable, the current generation chooses to conserve resources, rendering the economy sustainable. The condition for sustainability is that the value of this asset grows intergenerationally and indefinitely. The asset represents a belief system, such as a religious doctrine or a political ideology. Results imply that, to restore sustainability, a new intergenerational belief system must be identified, and its value grows indefinitely. |
| Databáze: | OpenAIRE |
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