A Warmer, Green Golden Rule
type: CreativeWork
description: The goal of this paper is to analyse the impact of temperature changes on the green golden rule. The green golden rule is the maximization of consumer utility based on consumer preference between consumption and environmental stock. The trade-off between environmental stock and consumption which is found to be negative. With temperature change being very prevalent in our era, we look at temperature change in the form of a damage function. By looking at both an increasing and decreasing damage function, along with changing variables in the green golden rule, we see that when the average global temperature deviates from the mean, be it above or below the mean, there is a decrease or increase in the damage function respectively.
abstract: The goal of this paper is to analyse the impact of temperature changes on the green golden rule. The green golden rule is the maximization of consumer utility based on consumer preference between consumption and environmental stock. The trade-off between environmental stock and consumption which is found to be negative. With temperature change being very prevalent in our era, we look at temperature change in the form of a damage function. By looking at both an increasing and decreasing damage function, along with changing variables in the green golden rule, we see that when the average global temperature deviates from the mean, be it above or below the mean, there is a decrease or increase in the damage function respectively.
author: Stuart, Kyle James
language: en_CA
license: https://creativecommons.org/licenses/by-nc-sa/4.0/
date modified: 2026-07-27T22:04:46Z
provider: University of Windsor
publisher: Networked Digital Library of Theses and Dissertations
type: WebPage
source organization: University of Windsor

PropertyValue
property ID: Handle
value: https://hdl.handle.net/20.500.14776/10077