Is aging harmful to the environment?

Tetsuo Ono, Yasuo Maeda

Research output: Contribution to journalArticle

13 Citations (Scopus)

Abstract

How does aging affect the environment? We analyze this question using an overlapping generations model featuring uncertain lifetimes and environmental externalities. We show that whether aging is harmful to the environment depends on the curvature of utility function, which is measured by the degree of relative risk aversion. We also explore the implication of the results for environmental policy in an aging society.

Original languageEnglish
Pages (from-to)113-127
Number of pages15
JournalEnvironmental and Resource Economics
Volume20
Issue number2
DOIs
Publication statusPublished - 2001
Externally publishedYes

Fingerprint

environmental policy
curvature
society
externality
Environmental policy
Environmental externalities
Overlapping generations model
Relative risk aversion
Curvature
Uncertain lifetime
Utility function

Keywords

  • Aging
  • Environmental externality
  • Intergenerational externality
  • Overlapping generations
  • Uncertain lifetimes

ASJC Scopus subject areas

  • Economics and Econometrics
  • Environmental Science (miscellaneous)

Cite this

Is aging harmful to the environment? / Ono, Tetsuo; Maeda, Yasuo.

In: Environmental and Resource Economics, Vol. 20, No. 2, 2001, p. 113-127.

Research output: Contribution to journalArticle

Ono, Tetsuo ; Maeda, Yasuo. / Is aging harmful to the environment?. In: Environmental and Resource Economics. 2001 ; Vol. 20, No. 2. pp. 113-127.
@article{b906c1cd9c64462b89cf730e5ed3449a,
title = "Is aging harmful to the environment?",
abstract = "How does aging affect the environment? We analyze this question using an overlapping generations model featuring uncertain lifetimes and environmental externalities. We show that whether aging is harmful to the environment depends on the curvature of utility function, which is measured by the degree of relative risk aversion. We also explore the implication of the results for environmental policy in an aging society.",
keywords = "Aging, Environmental externality, Intergenerational externality, Overlapping generations, Uncertain lifetimes",
author = "Tetsuo Ono and Yasuo Maeda",
year = "2001",
doi = "10.1023/A:1012676227797",
language = "English",
volume = "20",
pages = "113--127",
journal = "Environmental and Resource Economics",
issn = "0924-6460",
publisher = "Springer Netherlands",
number = "2",

}

TY - JOUR

T1 - Is aging harmful to the environment?

AU - Ono, Tetsuo

AU - Maeda, Yasuo

PY - 2001

Y1 - 2001

N2 - How does aging affect the environment? We analyze this question using an overlapping generations model featuring uncertain lifetimes and environmental externalities. We show that whether aging is harmful to the environment depends on the curvature of utility function, which is measured by the degree of relative risk aversion. We also explore the implication of the results for environmental policy in an aging society.

AB - How does aging affect the environment? We analyze this question using an overlapping generations model featuring uncertain lifetimes and environmental externalities. We show that whether aging is harmful to the environment depends on the curvature of utility function, which is measured by the degree of relative risk aversion. We also explore the implication of the results for environmental policy in an aging society.

KW - Aging

KW - Environmental externality

KW - Intergenerational externality

KW - Overlapping generations

KW - Uncertain lifetimes

UR - http://www.scopus.com/inward/record.url?scp=0035659059&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0035659059&partnerID=8YFLogxK

U2 - 10.1023/A:1012676227797

DO - 10.1023/A:1012676227797

M3 - Article

AN - SCOPUS:0035659059

VL - 20

SP - 113

EP - 127

JO - Environmental and Resource Economics

JF - Environmental and Resource Economics

SN - 0924-6460

IS - 2

ER -