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Institutions For Future Generations$
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Iñigo González-Ricoy and Axel Gosseries

Print publication date: 2016

Print ISBN-13: 9780198746959

Published to Oxford Scholarship Online: January 2017

DOI: 10.1093/acprof:oso/9780198746959.001.0001

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Measuring Intergenerational Fairness

Measuring Intergenerational Fairness

Chapter:
(p.65) 4 Measuring Intergenerational Fairness
Source:
Institutions For Future Generations
Author(s):

Stephane Zuber

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198746959.003.0004

Measures of intergenerational fairness are needed to design institutions promoting the interests of future generations and to evaluate their performance. This chapter discusses methods to compare generations in order to assess whether the intergenerational distribution of some relevant metric is fair. In particular, it examines the role of social discounting, and methods such as generational accounting or cohortal analysis. Other approaches focus directly on whether present generations are complying with their duty towards future generations by assessing the level of (a comprehensive measure of) aggregate savings. The chapter discusses such measures, in particular in relation to the question of sustainability. It compares two specific approaches, namely the ecological footprint and genuine savings.

Keywords:   intergenerational fairness, sustainability, discounting, generational accounting, cohortal analysis, ecological footprint, genuine savings

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