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Pricing the Planet´s Future: The Economics of Discounting in an Uncertain World
Christian Gollier
€ 54.99
€ 48.64
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Description for Pricing the Planet´s Future: The Economics of Discounting in an Uncertain World
Hardback. Provides a simple framework to organize the debate on what we should do for the future. This title outlines the basic theory of the discount rate and the various arguments that favor using a smaller discount rate for more distant cash flows. It offers a suitable framework for dynamic problems and decision making. Num Pages: 248 pages, 27 line illus. 10 tables. BIC Classification: KCG; KCN; KCP; RNU. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 235 x 164 x 21. Weight in Grams: 492.
Our path of economic development has generated a growing list of environmental problems including the disposal of nuclear waste, exhaustion of natural resources, loss of biodiversity, climate change, and polluted land, air, and water. All these environmental problems raise the crucial challenge of determining what we should and should not do for future generations. It is also central to other policy debates, including, for example, the appropriate level of public debt, investment in public infrastructure, investment in education, and the level of funding for pension benefits and for research and development. Today, the judge, the citizen, the politician, and the ... Read more
Our path of economic development has generated a growing list of environmental problems including the disposal of nuclear waste, exhaustion of natural resources, loss of biodiversity, climate change, and polluted land, air, and water. All these environmental problems raise the crucial challenge of determining what we should and should not do for future generations. It is also central to other policy debates, including, for example, the appropriate level of public debt, investment in public infrastructure, investment in education, and the level of funding for pension benefits and for research and development. Today, the judge, the citizen, the politician, and the ... Read more
Product Details
Format
Hardback
Publication date
2012
Publisher
Princeton University Press
Number of pages
248
Condition
New
Number of Pages
248
Place of Publication
New Jersey, United States
ISBN
9780691148762
SKU
V9780691148762
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-15
About Christian Gollier
Christian Gollier is professor of economics at the University of Toulouse and director of the Toulouse School of Economics. He is the author of The Economics of Risk and Time and the coauthor of Economic and Financial Decisions under Risk (Princeton).
Reviews for Pricing the Planet´s Future: The Economics of Discounting in an Uncertain World
"Pricing the Planet's Future is a technically adept compendium of ideas on social discounting in an uncertain world, seen through the lens of the discounted utilitarianism and the Ramsey framework... [T]he book is not necessarily for the faint-hearted newcomer to intergenerational issues. Yet it will serve as an excellent accompaniment to the previous texts in this area, ... and as ... Read more