Content overview: “Fair Resource Allocation Rule Gives Every Generation Equal Share of Best Attainable Welfar”. How should finite resources be divided between current and future generations? Weber, presented at the 2026 European Control Conference in Reykjavík, introduces a fair allocation rule that gives every generation the same fraction of its best attainable welfare. The approach ensures that no generation is left without access to essential resources, while providing a performance guarantee that does not depend on agreeing on a single social objective.
This matters because decisions about climate, energy, and natural resources often involve tradeoffs between present consumption and long-term sustainability. By focusing on relative welfare rather than absolute amounts, the rule offers a practical framework for policymakers facing intergenerational equity challenges. The method could inform debates on carbon budgets, resource extraction, and public debt, where the interests of unborn generations are easily overlooked. This listing links straight to the original page, where the content is available in full.