Paul R Portney, John P Weyant

Discounting and Intergenerational Equity

• Gebundenes Buch

Produktbeschreibung

In policymaking, economists may use discount rates to compare present with future costs and benefits. In this landmark book, a number of the world's foremost economists reconsider the appropriate use of discounting for the future. This work should go a long way toward refining the economic dimensions of public policy, particularly in environmental matters. As with the policies it discusses, the impact of the book should be felt tomorrow as well as today.

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Produktdetails

• Verlag: Taylor & Francis Ltd (Sales)
• Seitenzahl: 200
• Erscheinungstermin: 3. Mai 1999
• Englisch
• Abmessung: 235mm x 160mm x 21mm
• Gewicht: 449g
• ISBN-13: 9780915707898
• ISBN-10: 0915707896
• Artikelnr.: 21584797

Autorenporträt

Paul R. Portney is president and a senior fellow of Resources for the Future. John P. Weyant is director of the Energy Modeling Forum at Stanford University.

Inhaltsangabe

Foreword
Robert M. Solow
1. Introduction
Paul R. Portney and John P. Weyant
2. Discounting, Morality, and Gaming
Kenneth J. Arrow
3. 'Just Keep Discounting, But...'
Martin L. Weitzman
4. Reconciling Philosophy and Economics in Long-Term Discounting: Comments
on Arrow and Weitzman
Michael A. Toman
5. On the Uses of Benefit-Cost Reasoning in Choosing Policy toward Global
Climate Change
David F. Bradford
6. A Market-Based Discount Rate: Comments on Bradford
W. David Montgomery
7. Intergenerational Equity, Social Discount Rates, and Global Warming
Partha Dasgupta, Karl-G ran M ler, and Scott Barrett
8. Substitution and Social Discount Rates: Comments on Dasgupta, M ler, and
Barrett
V. Kerry Smith
9. Mock Referenda for Intergenerational Decisionmaking
Raymond J. Kopp and Paul R. Portney
10. Intergenerational Discounting
Thomas C. Schelling
11. Intergenerational Ethics, Efficiency, and Commitment: Comments on
Schelling and Kopp and Portney
Jerome Rothenberg
12. Equity, Efficiency, and Discounting
Alan S. Manne
13. Discounting for the Very Long Term
William R. Cline
14. Models and Discount Rates: Comments on Manne and Cline
Shantayanan Devarajan
15. Discounting and Public Policies That Affect the Distant Future
William D. Nordhaus
16. The Implications of Hyperbolic Discounting for Project Evaluation
Maureen Cropper and David Laibson
17. Analysis for Intergenerational Decisionmaking
Robert C. Lind
Index