This article examines the impact of climate policy-induced changes in consumers’ preferences. Read more
Preferences
Abstract Maximum-likelihood updating (MLU) is a well-known approach for extending static ambiguity sensitive preferences to dynamic set-ups. This paper develops... Read more
Following the entry into force of the Paris Agreement in November 2016, governments around the world are now asked to... Read more
Agents exhibit pure intergenerational altruism if they care not just about the consumption utility experienced by future generations, but about... Read more
Intertemporal conflicts occur when a group of agents with heterogeneous time preferences must make a collective decision about how to... Read more
Working Paper 136 Abstract Economic evaluation of climate policy is notoriously dependent on assumptions about time and risk preferences, since... Read more
Abstract It is now widely recognized that effective communication and demand-side policies for alternative energy require sound knowledge of preferences... Read more
Abstract Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in... Read more