All pages with keywords: discounting

Spaces for Agreement: A Theory of Time-Stochastic Dominance and an Application to Climate Change
Many investments involve both a long time horizon and risky returns. Making investment decisions thus requires assumptions about time and risk preferences. Such assumptions are frequently contested, particularly in the … read more »

Spaces for agreement: a theory of Time-Stochastic Dominance
Many investments involve both a long time-horizon and risky returns. Making investment decisions thus requires assumptions about time and risk preferences. In the public sector in … read more »

Is there space for agreement on climate change? A non-parametric approach to policy evaluation
Economic evaluation of climate policy is notoriously dependent on assumptions about time and risk preferences, since reducing greenhouse gas emissions today has a highly uncertain pay-off, … read more »

Climate policy under sustainable discounted utilitarianism
Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is controversial, both due to the conditions through which … read more »
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