All pages with keywords: discounting

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Government discounting controversies: the valuation of social time preference

Government discounting controversies: the valuation of social time preference

a working paper by Michael Spackman 1 November, 2011

The conceptual basis and numerical quantification of the time discount rate (or rates) to use for the comparison of policies or projects from a national perspective … read more »


Government discounting controversies: changing prices, opportunity costs and systematic risk

Government discounting controversies: changing prices, opportunity costs and systematic risk

a working paper by Michael Spackman 1 November, 2011

The conceptual basis and numerical quantification of the time discount rate (or rates) to use for public sector analysis have been debated for over half a … read more »


Climate policy under sustainable discounted utilitarianism

Climate policy under sustainable discounted utilitarianism

a working paper by Simon Dietz 1 March, 2011

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 … read more »


Behavioural economics, hyperbolic discounting and environmental policy

Behavioural economics, hyperbolic discounting and environmental policy

a research article by Cameron Hepburn 18 June, 2010

This paper reviews some recent research in “behavioural economics” with an application to environmental issues. Empirical results from behavioural economics provide a reminder that human behaviour is context-dependent, implying … read more »


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