UC Davis Agricultural and Resource Economics

Larry S. Karp, University of California, Berkeley

Provision of a Public Good with Altruistic Overlapping Generations and Many Tribes

Date and Location

Wednesday, April 30, 2014, 4:10 PM - 5:30 PM
ARE Conference Room, 2102 Social Sciences and Humanities


I compare the relative importance of intergenerational altruism and contemporaneous cooperation, in determining equilibrium climate policy, by imbedding an OLG framework with intergenerational altruism into a differential game between nations. The model uses new representations for the aggregate preferences of OLGs with paternalistic or pure altruism, and exponentially distributed or deterministic lifetimes. In a linear-in-state model of climate change, the "limit equilibrium" is more sensitive to contemporaneous cooperation than to intergenerational altruism. This comparison also holds in other Markov perfect equilibria if one uses a particular "elasticity criterion", but can be overturned under a more subjective criterion of relative sensitivity.

Contact Us

2116 Social Sciences and Humanities
University of California, Davis
One Shields Avenue
Davis, CA 95616

Main Office: 530-752-1515
Student Advising Services: 530-754-9536
DeLoach Conference Room: 530-752-2916
Main Conference Room: 530-754-1850