Discounting and intergenerational equity

The effects of decisions made today about many environmental policies - including climate change and nuclear waste - will be felt across hundreds, if not thousands, of years. In the case of issues with such long-term ramifications, analysts often employ discount rates to compare present and future c...

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Other Authors: Portney, Paul R., Weyant, John P., EBSCOhost.
Format: eBook
Language: English
Published: Washington, DC : Resources for the Future, [1999]
Physical Description: 1 online resource (ix, 186 pages) : illustrations.
Subjects:
Table of Contents:
  • Introduction / Paul R. Portney and John P. Weyant
  • Discounting, morality, and gaming / Kenneth J. Arrow
  • "Just keep discounting, but ..." / Martin L. Weitzman
  • Reconciling philosophy and economics in long-term discounting : comments on Arrow and Weitzman / Michael A. Toman
  • On the uses of benefit-cost reasoning in choosing policy toward global climate change / David F. Bradford
  • A market-based discount rate : comments on Bradford / W. David Montgomery
  • Intergenerational equity, social discount rates, and global warming / Partha Dasgupta, Karl-Göran Mäler, and Scott Barrett
  • Substitution and social discount rates : comments on Dasgupta, Mäler, and Barrett / V. Kerry Smith
  • Mock referenda for intergenerational decisionmaking / Raymond J. Kopp and Paul R. Portney
  • Intergenerational discounting / Thomas C. Schelling.
  • Intergenerational ethics, efficiency, and commitment : comments on Schelling and Kopp and Portney / Jerome Rothenberg
  • Equity, efficiency, and discounting / Alan S. Manne
  • Discounting for the very long term / William R. Cline
  • Models and discount rates : comments on Manne and Cline / Shantayanan Devarajan
  • Discounting and public policies that affect the distant future / William D. Nordhaus
  • The implications of hyperbolic discounting for project evaluation / Maureen Cropper and David Laibson
  • Analysis for intergenerational decisionmaking / Robert C. Lind.