Intertemporal equity, discounting and economic efficiency in IPCC Second Assessment Report WGIII - Climate Change 1995: Economic and Social Dimensions of Climate Change.

dc.contributor.authorArrow, K.J.
dc.contributor.authorCline, W.R.
dc.contributor.authorMaler, K.G.
dc.contributor.authorMunasinghe, M
dc.contributor.authorSquitieri, R
dc.contributor.authorStiglitz, J.E.
dc.date.accessioned2023-01-23T05:34:40Z
dc.date.available2023-01-23T05:34:40Z
dc.date.issued2023
dc.description.abstractThe discount rate allows economic effects occurring at efferent times to be compared. It plays a vital role in public policy analysis of actions with varying time paths of costs of costs and benefits. It is particularly important in climate change. Because of the very long times involved in climate change decisions, the choice of a discount rate powerfully affects the net present value of alternative policies, and thus the policy recommendations that emerge from climate change analysis.en_US
dc.identifier.urihttp://econspace.ips.lk/handle/789/1297
dc.language.isoenen_US
dc.publisherCambridge University Pressen_US
dc.subjectEconomic efficiency, Intertemporal equityen_US
dc.titleIntertemporal equity, discounting and economic efficiency in IPCC Second Assessment Report WGIII - Climate Change 1995: Economic and Social Dimensions of Climate Change.en_US
dc.typeBook chapteren_US
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