Rule gives every generation same share of its best attainable welfare

A new study presented at the 2026 European Control Conference in Reykjavík proposes a fair rule for sharing a limited resource across generations. The rule gives each generation the same fraction of its best possible welfare, ensuring future generations retain access to the resource. This approach offers a performance guarantee without needing a single agreed social goal.

Sharing a finite resource across generations requires a balance between today's needs and the claims of those yet to be born. Weber, presented at the 2026 European Control Conference in Reykjavík, proposes a fair allocation rule that gives every generation the same fraction of its best attainable welfare. The approach preserves access for all future generations and provides a performance guarantee without requiring agreement on a single social objective.

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