Science & Environment

Rule gives every generation same share of its best attainable welfare

Source: Phys.org - latest science and technology news stories · Published

Rule gives every generation same share of its best attainable welfare
Source: Phys.org - latest science and technology news stories

Sharing a finite resource across generations requires a balance between today's needs and the claims of those yet to be born. Research by Prof. Thomas A. Weber, presented at the 2026 European Control Conference in Reykjavík, proposes a fair allocation rule that gives every genera

Sharing a finite resource across generations requires a balance between today's needs and the claims of those yet to be born. Research by Prof. Thomas A.

Weber, presented at the 2026 European Control Conference in Reykjavík, proposes a fair allocation rule that gives every generation the same fraction of its best attainable welfare. The approach preserves access for all future generations and provides a performance guarantee without requiring agreement on a single social objective.

Read Original Source