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Sunday, May 3, 2020 | History

9 edition of Discounting and intergenerational equity found in the catalog.

Discounting and intergenerational equity

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  • 29 Currently reading

Published by Resources for the Future in Washington, DC .
Written in English

    Subjects:
  • Policy sciences,
  • Cost effectiveness,
  • Intergenerational relations,
  • Social justice

  • Edition Notes

    Includes bibliographical references and index.

    Statementedited by Paul R. Portney and John P. Weyant.
    ContributionsPortney, Paul R., Weyant, John P.
    Classifications
    LC ClassificationsH97 .D57 1999
    The Physical Object
    Paginationix, 186 p. :
    Number of Pages186
    ID Numbers
    Open LibraryOL371109M
    ISBN 100915707896
    LC Control Number98031878

    Fundamental Utilitarianism and Intergenerational Equity with Extinction Discounting Graciela Chichilnisky: [email protected] Dept. of Economics, International A airs Building, Columbia University, W St MC , New York, NY , USA Peter J. Hammond: [email protected] Dept. of Economics, and CAGE (Competitive Advantage. The concept of ‘intergenerational fairness’ was introduced to the UK policy debate by David Willetts MP (now, somewhat ironically, the Minister for Universities and Science, and hence responsible for the new system of student finance) in his book, The Pinch: How the Baby Boomers stole their childrens’ future and how they canMissing: Discounting. Read more about Table of Contents for World Natural Gas Markets and Trade: A Multimodeling Perspective; Energy and Environmental Policy Modeling.


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Discounting and intergenerational equity Download PDF EPUB FB2

This brings up the issue of intergenerational equity and the discount rate that will give us the amount of equity that we deem appropriate.

This book is fairly easy to read and understand. It is not too technical. It includes articles that are ethical in nature, and those that are mathematical and quantitative. This is an excellent introduction Cited by: Intergenerational Equity Book Description A group of policy experts reconsider the purpose, ethical implications, and application of discounting in light of recent research and current policy concerns such as climate change and nuclear waste.5/5(1).

Intergenerational Discounting Thomas C. Schelling Intergenerational Ethics, Efficiency, and Commitment: Comments on Schelling and Kopp and Portney Jerome Rothenberg Equity, Efficiency, and Discounting Alan S.

Manne Discounting. Book / Book Excerpt. Authors: Discounting and Intergenerational Equity. Abstract: This volume discusses the latest thinking by economists on the contentious issue of how to discount costs and benefits in the far future. That’s reasonably priced, and discounting has flip right into a course of that raises few objections.

Nevertheless are the methods relevant for measuring costs and benefits for choices which will have impacts 20 to 30 years from now the correct ones to utilize for a future.

Intergenerational equity and discounting. Consequences are discussed and compared with the UK Green Book and the Stern Review discounting schemes. Discounting and Intergenerational Equity.

Reconciling Philosophy and Economics in Long-Term Discounting: Comments on Arrow and Weitzman Michael A. Toman 5. On the Uses of Benefit-Cost Reasoning in Choosing Policy toward Global Climate Change David F. Bradford 6. A Market-Based Discount Rate: Comments on Bradford W.

David Montgomery 7. Intergenerational EquityFormat: Tapa dura. Buy Discounting and Intergenerational Equity (Resources for the Future) 1 by Portney, Paul R., Weyant, John P.

(ISBN: ) from Amazon's Book Store. Everyday low prices and free delivery on eligible : Paul R. Portney, John P. Weyant. The results suggest a discount rate of per cent for a 2 year delay, eight per cent for a 4 year delay and per cent for a 6 year delay.

These studies provide a brief overview of the range of opinions regarding the estimation of the parameters influencing the magnitude of the social discount by: Discounting and intergenerational equity.

[Paul R Portney; John P Weyant;] -- The effects of decisions made today about many environmental policies - including climate change and nuclear waste - will be felt across hundreds, if not thousands, of years. Intergenerational equity, discounting, and the role of cost-benefit analysis in evaluating global climate policy Robert C Lind the issues of intergenerational equity are not that global climate change will significantly lower the GNP of future generations, but relate to the possibility of science fiction-like changes in the planet that will.

Discounting and Intergenerational Equity (Resources for the Future) (English Edition) eBook: Portney, Paul R., Weyant, John P.: : Tienda KindleFormat: Kindle. Depletable resources, discounting and intergenerational equity Raymond F. Mikesell A major criticism of the use of benefitcost analysis in the management of depletable natural resources is that discounting future benefits encourages current consumption at Cited by: 8.

They discuss the combination of a high shout-term with a low long-term diescount rate, explore Discounting and intergenerational equity book according to more than one set of anticipated preferences for the future, and outline alternatives involving simultaneous consideration of valuation, discounting and.

(c) Relationship of Intergenerational Equity and Intragenerational Equity 11 There is general agreement that there are severe problems of equity among people living today. The equity problems are addressed in the concept of intragenerational equity, ie equity among peoples today.

The quest for intergenerational equity requires that intragenerational equity Missing: Discounting. Abstract. A standard framework is presented as an underlying model for the discounting debate.

Views and proposals for the techniques and rates of discounting are assessed. Alternative modeling frameworks for studying intergenerational equity issues are evaluated with the result that the basic insights they provide do not differ very by:   Intergenerational equity and dual discounting - Volume 16 Issue 6 - Carmen Almansa, José M.

Martínez-PazCited by: Discounting and Intergenerational Equity by Paul R. Portney. The full effects of decisions made today about many environmental policies -including climate change and nuclear waste- will not be felt for many years.

For issues with long-term ramifications, analysts often employ discount rates to compare present and future costs and benefits. Discounting and Inter generational Equity DISCOUNTING AND INTERGENERATIONAL EQUITY Talbot Page In this article, the author discusses three criteria for decision making in issues involving intergenerational social choice.

He describes the implications of the adoption of each of these criteria, using the analogy of different voting by: This is reasonable, and discounting has become a procedure that raises few objections. But are the methods appropriate for measuring costs and benefits for decisions that will have impacts 20 to 30 years from now the right ones to employ for a future that lies to years in the future.

F.L. T oth / Intergenerational equity and discounting´ 3. Recent developments in the discounting debate The global warming problem added a new impetus to the discounting debate.

Broome, for example, devoted al-most half of his book on the costs of global warming to the problem of discounting [4]. His starting point was that. They discuss the combination of a high shout-term with a low long-term diescount rate, explore discounting according to more than one set of anticipated preferences for the future, and outline alternatives involving simultaneous consideration of Brand: Taylor And Francis.

A precise definition of the term "intergenerational equity" is very difficult and involves not only economic but ethical, moral and legal questions. Land And Soil Management book. Technology, Economics, And Institutions. Discounting and Intergenerational Equity 1. (ebook) Discounting and Intergenerational Equity () from Dymocks online store.

This landmark book argues that methods reasonable for measuring gains and losses for a generation into the future may not be appropriate when applied to a longer span of time.

Paul Portney and John Weyant have assembled some of the world's foremost. Intergenerational equity and dual discounting CARMEN ALMANSA Department of Business Management, Public University of Navarra, Spain.

Email: [email protected] ´ ´INEZ-PAZ Department of Applied Economics, University of Murcia, Campus de Espinardo – Murcia, Spain. Tel: + Fax: + Email:. Lind, Analysis for Intergenerational Discounting, in DISCOUNTING AND INTERGEN- ERATIONAL EQUITY, supra, at ; Robert C. Lind, Intergenerational Equity, Dis- counting, and the Role of Cost-Benefit Analysis in Evaluating Global Climate Policy,Cited by: Lee "Discounting and Intergenerational Equity" por Paul R.

Portney disponible en Rakuten Kobo. The full effects of decisions made today about many environmental policies -including climate change and nuclear waste- Brand: Taylor And Francis.

Buy the Discounting and Intergenerational Equity ebook. This acclaimed book by Paul R. Portney is available at in several formats for your eReader. and discounting has become a procedure that raises few objections.

But are the methods appropriate for measuring costs and benefits for decisions that will have impacts 20 to Intergenerational discounting Thomas C Schelling School of Public Affairs, University of Maryland, College Park, MDUSA.

A 'discount rate' for the consumption of future generations from current investments for their benefit is typically composed of two parts: 'time preference' and an allowance for the lower marginal utility of consumption due to higher.

Intergenerational equity and the social discount rate Article in Australian Journal of Agricultural and Resource Economics 55(2) April with Reads How we measure 'reads'Author: Helen Scarborough.

intergenerational poverty and well-being, it will be difficult to break the cycle of poverty and disadvantage, and thus to achieve intergenerational equity and sustainable development.

An understanding of evidence-based mechanisms will allow policy-makers to formulate and implement evidence-informed and better-targeted policies. Discounting and Intergenerational Equity, Paul R. Portney, John P. Weyant, Routledge. Des milliers de livres avec la livraison chez vous en 1 jour ou en magasin avec -5% de réduction.

Weibull discounting, Green Book discounting and intergenerational discounting. Many of these new discounting approaches result in declining discount rates (DDRs) over time. Intergenerational equity is a concept closely linked to that of sustainability, a topic which will be described subsequently.

At its basic level, intergenerational. Intergenerational equity is also explored in environmental concerns, including sustainable development, global warming and climate change. The continued depletion of natural resources that has occurred in the past century will likely be a significant burden for future generations.

On Discounting Regulatory Benefits: Risk, Money, and Intergenerational Equity Cass R. Sunsteint and Arden Rowellft There is an elaborate debate over the practice of "discounting" regulatory benefits, such as environmental improvements and decreased risks to health and life, when those benefits will not be enjoyed until some future by:   Ramsey famously condemned discounting “future enjoyments” as “ethically indefensible”.

Suppes enunciated an equity criterion which, when social choice is utilitarian, implies giving equal weight to all individuals’ utilities.

By contrast, Arrow (Contemporary economic issues. International Economic Association Series. Palgrave Macmillan, London, a; Discounting Author: Graciela Chichilnisky, Peter J.

Hammond, Nicholas Stern. Cropper M, Laibson D. The Implications of Hyperbolic Discounting for Project Evaluation. In: Weyant J, Portney PR Discounting and Intergenerational Equity. Washington: Resources for the Future; Cited by: "Fundamental utilitarianism and intergenerational equity with extinction discounting," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol.

54(2), pagesMarch. Chichilnisky, Graciela & Hammond, Peter J. & Stern, Nicholas, Author: Graciela Chichilnisky, Peter J. Hammond, Nicholas Stern.

On Discounting Regulatory Benefits: Risk, Money, and Intergenerational Equity Cass R. Sunsteint and Arden Rowellt There is an elaborate debate over the practice of "discounting" regulatory benefits, such as environmental improvements and decreased risks to health and life, when those benefits will not be enjoyed until some future by: Furthermore, he carries out a one-factor-at-a-time (OFAT) sensitivity analysis to check the discounting scheme for robustness.

It turns out that the proposed discounting scheme fails in incorporating consumer sovereignty and intergenerational equity sufficiently. Downloadable (with restrictions)! Abstract Ramsey famously condemned discounting “future enjoyments” as “ethically indefensible”.

Suppes enunciated an equity criterion which, when social choice is utilitarian, implies giving equal weight to all individuals’ utilities. By contrast, Arrow (Contemporary economic issues. International Economic Association Series.

Arrow, KJ, Cline, WR, Maler, K-G. () Intertemporal equity, discounting, and economic efficiency. In: Bruce, JP, Lee, H, Haites, EF (eds) Climate Change Economic and Social Dimensions of Climate Change – Contribution of Working Group III to the Second Assessment Report of the Intergovernmental Panel on Climate by: INTERGENERATIONAL EQUITY AND THE DISCOUNT RATE FOR COST-BENEFIT ANALYSIS JEAN-FRANC¸OIS MERTENS & ANNA RUBINCHIK Abstract.

Current Office of Management and Budget (OMB) guidelines use the interest rate as a basis for the discount rate, and have nothing to say about an intergenerationally fair discount Size: KB.