Things tagged 'Declining discount rates'
Recent research suggests that the long term future should be discounted with a declining discount rate. One such line of [...]
This working note provides a basic overview of discounting in the context of climate change policy. After defining the social discount [...]
Recently, in the economics literature, several papers have put forward arguments for using a declining discount rate in social-cost benefit [...]
The last few years have witnessed important advances in our understanding of time preference and social discounting. In particular, several rationales [...]
SHORT-TERM thinking is a criticism often levelled at corporations and banks by anti-capitalist protesters, and they may well be right. A lack of concern for the future is built mathematically into economic theory, and this carries through to the behaviour of companies and governments. But a different way of putting a financial value on the […]