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Environmental Policy Under a Non-Market Discount Rate

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  • Horowitz, John K.

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  • Horowitz, John K., 1995. "Environmental Policy Under a Non-Market Discount Rate," Working Papers 197828, University of Maryland, Department of Agricultural and Resource Economics.
    • Handle: RePEc:ags:umdrwp:197828
    DOI: 10.22004/ag.econ.197828
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    References listed on IDEAS

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    1. Karp, Larry & Newbery, David M., 1993. "Intertemporal consistency issues in depletable resources," Handbook of Natural Resource and Energy Economics, in: A. V. Kneese† & J. L. Sweeney (ed.), Handbook of Natural Resource and Energy Economics, edition 1, volume 3, chapter 19, pages 881-931, Elsevier.
    2. Thomas Sterner, 1994. "Discounting in a world of limited growth," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 4(5), pages 527-534, October.
    3. Jonathan A. Lesser & Richard O. Zerbe, 1994. "Discounting procedures for environmental (and other) projects: A comment on Kolb and Scheraga," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 13(1), pages 140-156.
    4. Jeffrey A. Kolb & Joel D. Scheraga, 1990. "Discounting the benefits and costs of environmental regulations," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 9(3), pages 381-390.
    5. Weitzman Martin L., 1994. "On the Environmental Discount Rate," Journal of Environmental Economics and Management, Elsevier, vol. 26(2), pages 200-209, March.
    6. B. A. Forster, 1973. "Optimal Consumption Planning in a Polluted Environment," The Economic Record, The Economic Society of Australia, vol. 49(4), pages 534-545, December.
    7. Machina, Mark J, 1989. "Dynamic Consistency and Non-expected Utility Models of Choice under Uncertainty," Journal of Economic Literature, American Economic Association, vol. 27(4), pages 1622-1668, December.
    8. Scheraga, Joel D., 1990. "Perspectives on government discounting policies," Journal of Environmental Economics and Management, Elsevier, vol. 18(2), pages 65-71, March.
    9. Forster, B A, 1973. "Optimal Consumption Planning in a Polluted Environment," The Economic Record, The Economic Society of Australia, vol. 49(128), pages 534-545, December.
    10. Glazer, Amihai, 1993. "Politics and the Choice of Durability: Reply," American Economic Review, American Economic Association, vol. 83(3), pages 674-675, June.
    11. Turnovsky, Stephen J. & Brock, William A., 1980. "Time consistency and optimal government policies in perfect foresight equilibrium," Journal of Public Economics, Elsevier, vol. 13(2), pages 183-212, April.
    12. Lyon, Randolph M., 1990. "Federal discount rate policy, the shadow price of capital, and challenges for reforms," Journal of Environmental Economics and Management, Elsevier, vol. 18(2), pages 29-50, March.
    13. Richard Howarth & Richard Norgaard, 1993. "Intergenerational transfers and the social discount rate," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 3(4), pages 337-358, August.
    14. Markandya, Anil & Pearce, David W, 1991. "Development, the Environment, and the Social Rate of Discount," The World Bank Research Observer, World Bank, vol. 6(2), pages 137-152, July.
    15. Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-491, June.
    16. Gersbach, Hans, 1993. "Politics and the Choice of Durability: Comment," American Economic Review, American Economic Association, vol. 83(3), pages 670-673, June.
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