On multiple discount rates

DOI10.3982/ECTA14866MaRDI QIDQ4682711zbMATH OpenFDO

Authors Christopher P. Chambers, Federico Echenique

Publication date 19 September 2018

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3982/ECTA14866

zbMATH Keywords

discountingglobal warmingmaxmin expected utilitypreference aggregationsocial discount factor

Mathematics Subject Classification ID

Social choice (91B14) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

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(33)

• Discounting climate change
• Intertemporal objective functions: strong Pareto versus anonymity
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• Sustainability revisited
• Utilitarianism and social discounting with countably many generations
• Saving and dissaving under Ramsey-Rawls criterion
• A not so myopic axiomatization of discounting
• A tale of two Rawlsian criteria
• Weighted discounting -- on group diversity, time-inconsistency, and consequences for investment
• On maximin dynamic programming and the rate of discount
• Time-consistent equilibria in dynamic models with recursive payoffs and behavioral discounting
• Pledge-and-review bargaining
• Justifying social discounting: the rank-discounted utilitarian approach
• Discounting and ideas of intergenerational equity and sustainability
• Extension of monotonic functions and representation of preferences
• Learning time dependent choice
• The Pareto comparisons of a group of exponential discounters
• Optimality in an OLG model with nonsmooth preferences
• Additive valuations of streams of payoffs that satisfy the time value of money principle: A characterization and robust optimization
• Time‐consistent fair social choice
• Choquet expected discounted utility
• An -maxmin utility representation for close and distant future preferences with temporal biases
• Fairly taking turns
• Intergenerational equity and infinite-population ethics: a survey
• NPV, IRR, PI, PP, and DPP: a unified view
• Uncertainty in discount rate and aggregation of time preferences
• Stationary altruism and time consistency
• Representations of cones and applications to decision theory
• Monotone additive statistics
• Optimal growth models under Rawlsian criteri
• Restricted dominant unanimity and social discounting
• Prudent aggregation of quasi-hyperbolic experts
• Intertemporal collective choice and dynamic consistency

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