Numerical analysis of non-constant pure rate of time preference: a model of climate policy

DOI10.1016/j.jeem.2007.11.004zbMath1210.91093MaRDI QIDQ933650

Tomoki Fujii, Larry S. Karp

Publication date: 24 July 2008

Published in: Journal of Environmental Economics and Management (Search for Journal in Brave)

Full work available at URL: https://ink.library.smu.edu.sg/soe_research/2143

zbMATH Keywords

numerical methods; non-renewable resources; hyperbolic discounting; climate change; observational equivalence; non-constant pure rate of time preference; Stern review

Mathematics Subject Classification ID

91B06: Decision theory

91B76: Environmental economics (natural resource models, harvesting, pollution, etc.)

Related Items

Heterogeneous discounting in economic problems, Time perspective and climate change policy, The golden rule when preferences are time inconsistent, Optimal harvesting of fish stocks under a time-varying discount rate, Modeling myopia: application to non-renewable resource extraction

Uses Software

• CompEcon

Cites Work

• Equilibrium welfare and government policy with quasi-geometric discounting
• Nonlinear strategies in dynamic duopolistic competition with sticky prices
• Non-constant discounting in continuous time
• The consumption-based determinants of the term structure of discount rates
• Renewable resources and economic sustainability: A dynamic analysis with heterogeneous time preferences
• Time horizon and the discount rate.
• An axiomatic approach to sustainable development
• Dynamic Choices of Hyperbolic Consumers
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