Sustaining today's resources for future users
Wednesday, July 9, 2014 - 07:31
in Mathematics & Economics
With sustainability a constant and global concern, the present-day users of both non-renewable and potentially renewable resources must take into account what will be left over for future generations. In a study in the July 11 issue of Nature, researchers devise an 'Intergenerational Goods Game' to determine what mechanisms can maintain cooperation with the future. Louis Putterman, chair and professor of economics, explains the study in a "News and Views" column in that issue.