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

DOI10.1007/S11166-010-9108-7MaRDI QIDQ539152zbMATH OpenOpenAlexFDO

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

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)

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Cites work

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

Cited in

(7)

• Utility and income transfer principles: interplay and incompatibility
• The discount rate for investment analysis applying expected utility
• 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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