附註:Includes bibliographical references and index.
Introduction / Paul R. Portney and John P. Weyant -- Discounting, morality, and gaming / Kenneth J. Arrow -- "Just keep discounting, but ..." / Martin L. Weitzman -- Reconciling philosophy and economics in long-term discounting : comments on Arrow and Weitzman / Michael A. Toman -- On the uses of benefit-cost reasoning in choosing policy toward global climate change / David F. Bradford -- A market-based discount rate : comments on Bradford / W. David Montgomery -- Intergenerational equity, social discount rates, and global warming / Partha Dasgupta, Karl-Göran Mäler, and Scott Barrett -- Substitution and social discount rates : comments on Dasgupta, Mäler, and Barrett / V. Kerry Smith -- Mock referenda for intergenerational decisionmaking / Raymond J. Kopp and Paul R. Portney -- Intergenerational discounting / Thomas C. Schelling.
Intergenerational ethics, efficiency, and commitment : comments on Schelling and Kopp and Portney / Jerome Rothenberg -- Equity, efficiency, and discounting / Alan S. Manne -- Discounting for the very long term / William R. Cline -- Models and discount rates : comments on Manne and Cline / Shantayanan Devarajan -- Discounting and public policies that affect the distant future / William D. Nordhaus -- The implications of hyperbolic discounting for project evaluation / Maureen Cropper and David Laibson -- Analysis for intergenerational decisionmaking / Robert C. Lind.
摘要:The effects of decisions made today about many environmental policies - including climate change and nuclear waste - will be felt across hundreds, if not thousands, of years. In the case of issues with such long-term ramifications, analysts often employ discount rates to compare present and future costs and benefits. In this book, Paul Portney and John Weyant have assembled some of the world's foremost economists to reconsider the purpose, ethical implications, and application of discounting in light of recent research and current policy concerns.