| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| A Proposal for a New Prescriptive Discounting Scheme: The Intergenerational Discount Rate | |
| Stéphane Hallegatte | |
| 发表日期 | 2008 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2008 |
| 语种 | 英语 |
| 摘要 | Cost-benefit analyses require comparing costs and benefits that occur at different points in time. Doing so, however, creates conflicts between short-term considerations — a discounting scheme has to be consistent with observed behaviours — and long-term ethical issues — a discounting scheme must not favour the current generation over future ones. To overcome this conflict, the present article proposes a prescriptive consumption discounting scheme that applies different discount rates (i) for various incomes in the lifetime of a unique individual and (ii) for various incomes that affect different individuals. Practically, any income flux is first discounted to the birth date of all individuals using a discount rate with a non-zero pure preference for the present; then these individual discounted values are discounted to the present with a discount rate with no preference for the present and finally summed up. The aim of this prescriptive discount rate is to be consistent with observed individual behaviour (descriptive discount rate) without favouring current generations. Consequences are discussed and compared with the UK Green Book and the Stern Review discounting schemes. |
| 特色分类 | H4 |
| 关键词 | Discount Rate,Intergenerational Equity |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/a-proposal-for-a-new-prescriptive-discounting-scheme-the-intergenerational-discount-rate/ |
| 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/117572 |
| 推荐引用方式 GB/T 7714 | Stéphane Hallegatte. A Proposal for a New Prescriptive Discounting Scheme: The Intergenerational Discount Rate. 2008. |
| 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 | ||
| NDL2008-047.pdf（194KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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