Discount rates, social judgments, individuals' risk preferences, and uncertainty

DOI10.1007/S11166-010-9108-7zbMATH Open1213.91122OpenAlexW2039641830MaRDI QIDQ539152FDOQ539152

Authors: Louis Kaplow, David Weisbach 

Publication date: 27 May 2011

Published in: Journal of Risk and Uncertainty (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s11166-010-9108-7

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zbMATH Keywords

risk preferencesclimate policydiscount ratepolicy assessment under uncertainty

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Cites Work

• Decision-making under scientific uncertainty: The economics of the precautionary principle
• An Exploration in the Theory of Optimum Income Taxation
• Discounting climate change
• Discounting with fat-tailed economic growth
• Discounting dilemmas: Editors' introduction
• The value of a statistical life and the coefficient of relative risk aversion

Cited In (7)

• The discount rate for investment analysis applying expected utility
• Utility and income transfer principles: interplay and incompatibility
• Risk-induced discounting
• Social Discounting and Intergenerational Pareto
• Cross-disciplinary evidence for hyperbolic social discount rates
• Discounting climate change
• Anthropogenic climate change: Scientific uncertainties and moral dilemmas

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