All pages with keywords: discount rate

Dr_Simon_Dietz

The endowment effect and environmental discounting

a working paper by Simon Dietz, Frank Venmans 5 August, 2016

There is a considerable body of evidence from behavioural economics and contingent valuation showing that our preferences exhibit both reference dependence and loss aversion, a.k.a. the endowment effect. In this … read more »


calculator_sums

Discounting disentangled

a working paper by Ben Groom, Mark C. Freeman, Frikk Nesje, Moritz Drupp 27 November, 2015

This working paper finds that current policy guidance concerning social discounting and the evaluation of long-term public projects needs to be updated. read more »


Agreeing to disagree on climate policy

Agreeing to disagree on climate policy

a research article by Antony Millner 11 March, 2014

Proceedings of the National Academy of Sciences of the USA. Disagreements about the value of the utility discount rate—the rate at which our concern for the welfare of future people declines with their distance from us in time—are at the heart of the debate about the appropriate intensity of climate policy. read more »