| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Discounting Environmental Effects in Project Appraisal | |
| Marco Percoco | |
| 发表日期 | 2002 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | The aim of this paper is to present an alternative methodology for discounting far distant future externalities genereted by an investment project: time-declining discount rates. First I present the experimental evidence on individuals' time-inconsistency. Second I consider the theoretical justification for using hyperbolic discounting in a simple uncertainty framework where marginal social utility is discounted hyperbolically if the investing Government believes that social wealth might increase or decrease over future period with a small probability that wealth will deteriorate below its current level. |
| 特色分类 | Q01,D61,H5 |
| 关键词 | Environmental effects,project appraisal,social discounting |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/discounting-environmental-effects-in-project-appraisal/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116783 |
| 推荐引用方式 GB/T 7714 | Marco Percoco. Discounting Environmental Effects in Project Appraisal. 2002. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| NDL2002-071.pdf（436KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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