Should governments use a declining discount rate in project analysis?

Autoria(s): Arrow, KJ; Cropper, ML; Gollier, C; Groom, B; Heal, GM; Newell, RG; Nordhaus, WD; Pindyck, RS; Pizer, WA; Portney, PR; Sterner, T; Tol, RSJ; Weitzman, ML
Data(s)

01/01/2014
Formato

145 - 163
Identificador

Review of Environmental Economics and Policy, 2014, 8 (2), pp. 145 - 163

1750-6816

http://hdl.handle.net/10161/10268

1750-6824
Relação

Review of Environmental Economics and Policy

10.1093/reep/reu008
Tipo

Journal Article
Resumo

At a workshop held at Resources for the Future in September 2011, twelve of the authors were asked by the US Environmental Protection Agency (EPA) to provide advice on the principles to be used in discounting the benefits and costs of projects that affect future generations. Maureen L. Cropper chaired the workshop. Much of the discussion in this article is based on the authors' recommendations and advice presented at the workshop. © The Author 2014.
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