On the Underestimation of the Precautionary Effect in Discounting
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References listed on IDEAS
- Kimball, Miles S, 1990.
"Precautionary Saving in the Small and in the Large,"
Econometric Society, vol. 58(1), pages 53-73, January.
- Miles S. Kimball, 1989. "Precautionary Saving in the Small and in the Large," NBER Working Papers 2848, National Bureau of Economic Research, Inc.
- Dreze, Jacques H. & Modigliani, Franco, 1972. "Consumption decisions under uncertainty," Journal of Economic Theory, Elsevier, vol. 5(3), pages 308-335, December.
- Christian Gollier, 2008. "Discounting with fat-tailed economic growth," Journal of Risk and Uncertainty, Springer, vol. 37(2), pages 171-186, December.
- Shane Frederick & George Loewenstein & Ted O'Donoghue, 2002. "Time Discounting and Time Preference: A Critical Review," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 351-401, June.
- Gollier, Christian & Weitzman, Martin L., 2010.
"How should the distant future be discounted when discount rates are uncertain?,"
Elsevier, vol. 107(3), pages 350-353, June.
- Gollier, Christian & Weitzman, Martin L., 2009. "How Should the Distant Future be Discounted When Discount Rates are Uncertain?," IDEI Working Papers 588, Institut d'Économie Industrielle (IDEI), Toulouse.
- Christian Gollier & Martin L. Weitzman, 2009. "How Should the Distant Future be Discounted when Discount Rates are Uncertain?," CESifo Working Paper Series 2863, CESifo Group Munich.
- Gollier, Christian & Weitzman, Martin L., 2009. "How Should the Distant Future be Discounted When Discount Rates are Uncertain?," TSE Working Papers 09-107, Toulouse School of Economics (TSE).
- Gollier, Christian, 2002. "Time Horizon and the Discount Rate," Journal of Economic Theory, Elsevier, vol. 107(2), pages 463-473, December.
- repec:hrv:faseco:33373345 is not listed on IDEAS
- Saul Pleeter & John T. Warner, 2001. "The Personal Discount Rate: Evidence from Military Downsizing Programs," American Economic Review, American Economic Association, vol. 91(1), pages 33-53, March.
CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Ton S. van den Bremer & Rick van der Ploeg, 2018. "Pricing Carbon Under Economic and Climatic Risks: Leading-Order Results from Asymptotic Analysis," OxCarre Working Papers 203, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Kathrin Goldmann, 2017. "Time-declining risk-adjusted social discount rates for transport infrastructure planning," Working Papers 22, Institute of Transport Economics, University of Muenster.
- Hultkrantz, Lars & A. Krüger, Niclas & Mantalos, Panagiotis, 2014.
"Risk-adjusted long-term social rates of discount for transportation infrastructure investment,"
Research in Transportation Economics,
Elsevier, vol. 47(C), pages 70-81.
- Hultkrantz, Lars & Krüger, Niclas & Mantalos , Panagiotis, 2012. "Risk-adjusted long term social rates of discount for transportation infrastructure investment," Working Papers 2012:14, Örebro University, School of Business.
More about this item
Keywordsdiscount rate; prudence; climate change;
- D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
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