A Warmer, Green Golden Rule

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.

Name thesis:degree_name

Master of Arts

Level thesis:degree_level

Masters

Grantor dc:publisher

University of Windsor

Author dc:creator

• Stuart, Kyle James

Advisor dc:contributor.advisor

• Marcelo Arbex

Contributors dc:contributor

• stuartk@uwindsor.ca

Statement dc:rights

• CC BY-NC-SA Attribution-NonCommercial-ShareAlike 4.0 International

Licence dc:rights.uri

• https://creativecommons.org/licenses/by-nc-sa/4.0/

Language dc:language.iso

en_CA

Handle dc:identifier.uri

https://hdl.handle.net/20.500.14776/10077

OAI identifier oai:identifier

oai:uwindsor.scholaris.ca:20.500.14776/10077