Results 171 to 180 of about 3,220 (193)

Declining Discount Rates: The Long and the Short of it

Environmental & Resource Economics, 2005
The last few years have witnessed important advances in our understanding of time preference and social discounting. In particular, several rationales for the use of time-varying social discount rates have emerged. These rationales range from the ad hoc to the formal, with some founded solely in economic theory while others reflect principles of ...
Ben Groom   +3 more
openaire   +1 more source

Uncertainty of capital productivity and declining discount rates

Applied Economics Letters, 2019
This paper considers the problem of instantaneous certainty-equivalent (ICE) discountrate when future return on capital is uncertain.
Shou Chen   +3 more
openaire   +1 more source

Optimal rotation with declining discount rate

Journal of Forest Economics, 2011
Abstract In recent years it has been argued, from many perspectives, that the further into the future a value flow occurs, the lower is the appropriate discount rate for it. National governments are now beginning to authorise such declining discount rates.
openaire   +1 more source

Setting Carbon Taxes using Declining Discount Rates: Implications for Investment-Based Mitigation

Strategic Behavior and the Environment, 2020
The use of declining discount rates (DDR) to calculate the net present value of damages associated with climate change has important ramifications for climate policy. We examine the behavior of a firm subject to climate-based market interventions, specifically carbon taxes or abatement credits that are indexed to the social cost of carbon (SCC ...
Chris J. Kennedy   +2 more
openaire   +1 more source

Declining DiscountRate Estimate in the Long-Term Economic Evaluation of Environmental Projects

Journal of Environmental Accounting and Management, 2020
The decision-making processes regarding projects with long-term environmental implications are strongly influenced by the estimate of the Social Discount Rate (SDR). An economic parameter that makes it possible to compare financially the Cash Flows (CFs) that occur at different time points, in the discounting the SDR reduces excessively the costs and ...
Nestico', Antonio, Maselli, Gabriella
openaire   +2 more sources

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