Assessing Economic Consequences of ’Voluntary Modesty’ using the Neoclassical Methodology. In: SURED Conference: Sustainable Resource Use and Economic Dynamics. Conference programme and abstracts. Swiss Federal Institute of Technology Zurich and CentER.

Abstrakt

This paper aims at formalizing a ’voluntary modesty’ concept in the rigorous framework of dynamic general equilibrium theory. Possible ways of modeling it are discussed and consequences of such a change in household preferences are investigated