Discussion: Mod 1.1.3: Pareto efficient

Explore Pareto efficient allocation.

Discussion as assigned in Module 1.1 activity 3.

Why might excessive resource use have greater impacts on future generations than the current one?  Consider the definition of Pareto efficient allocation.  If the current generation is the de facto owner of all resources, could it be Pareto efficient for this generation to consume fewer resources so that future generations are better off?

Posted by on 12/05 at 12:17 PM

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