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Discounting in the context of climate change economics: the policy implications of uncertainty and global asymmetries

  • Pedro Conceição
  • Yanchun Zhang
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    File URL: http://hdl.handle.net/10.1007/s10018-010-0162-9
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    Article provided by Springer & Society for Environmental Economics and Policy Studies - SEEPS in its journal Environmental Economics and Policy Studies.

    Volume (Year): 12 (2010)
    Issue (Month): 1 (June)
    Pages: 31-57

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    Handle: RePEc:spr:envpol:v:12:y:2010:i:1:p:31-57
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    1. Richard S. J. Tol & Gary W. Yohe, 2006. "A Review of the Stern Review," World Economics, World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 7(4), pages 233-250, October.
    2. Martin L. Weitzman, 2001. "Gamma Discounting," American Economic Review, American Economic Association, vol. 91(1), pages 260-271, March.
    3. Robert J. Barro, 2006. "On the Welfare Costs of Consumption Uncertainty," NBER Working Papers 12763, National Bureau of Economic Research, Inc.
    4. John Quiggin, 2008. "Uncertainty and climate change policy," Climate Change Working Papers WPC08_2, Risk and Sustainable Management Group, University of Queensland, revised Sep 2008.
    5. Hoel, Michael & Sterner, Thomas, 2006. "Discounting and relative prices in assessing future environmental damages," Working Papers in Economics 199, University of Gothenburg, Department of Economics.
    6. Geoffrey Heal, 2008. "Climate Economics: A Meta-Review and Some Suggestions," NBER Working Papers 13927, National Bureau of Economic Research, Inc.
    7. Hepburn, Cameron & Groom, Ben, 2007. "Gamma discounting and expected net future value," Journal of Environmental Economics and Management, Elsevier, vol. 53(1), pages 99-109, January.
    8. Thomas Sterner & U. Martin Persson, 2008. "An Even Sterner Review: Introducing Relative Prices into the Discounting Debate," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 2(1), pages 61-76, Winter.
    9. Anthony Barnes Atkinson & Andrea Brandolini, 2009. "On analysing the world distribution of income," Temi di discussione (Economic working papers) 701, Bank of Italy, Economic Research and International Relations Area.
    10. Gollier, Christian, 2002. "Discounting an uncertain future," Journal of Public Economics, Elsevier, vol. 85(2), pages 149-166, August.
    11. Lawrence H. Summers & Richard J. Zeckhauser, 2008. "Policymaking for Posterity," NBER Working Papers 14359, National Bureau of Economic Research, Inc.
    12. Christian Gollier & Richard Zeckhauser, 2005. "Aggregation of Heterogeneous Time Preferences," Journal of Political Economy, University of Chicago Press, vol. 113(4), pages 878-896, August.
    13. Gjerde, Jon & Grepperud, Sverre & Kverndokk, Snorre, 1999. "Optimal climate policy under the possibility of a catastrophe," Resource and Energy Economics, Elsevier, vol. 21(3-4), pages 289-317, August.
    14. Atkinson, Anthony B., 1970. "On the measurement of inequality," Journal of Economic Theory, Elsevier, vol. 2(3), pages 244-263, September.
    15. Gollier, Christian, 2006. "An Evaluation of Stern's Report on the Economics of Climate Change," IDEI Working Papers 464, Institut d'Économie Industrielle (IDEI), Toulouse.
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