Should Governments Use a Declining Discount Rate in Project Analysis?
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Arrow, Kenneth J.; Cropper, Maureen L.; Gollier, Christian; Groom, Ben; Heal, Geoffrey M.; Newell, Richard G.; Nordhaus, William D.; +6 Authors
Arrow, Kenneth J.; Cropper, Maureen L.; Gollier, Christian; Groom, Ben; Heal, Geoffrey M.; Newell, Richard G.; Nordhaus, William D.; Pindyck, Robert; Pizer, William A.; Portney, Paul R.; Sterner, Thomas; Tol, Richard S. J.; Weitzman, Martin;
Should Governments Use a Declining Discount Rate in Project Analysis?
At a workshop held at Resources for the Future in September 2011, twelve of the authors were asked by the US Environmental Protection Agency (EPA) to provide advice on the principles to be used in discounting the benefits and costs of projects that affect future generations. Maureen L. Cropper chaired the workshop. Much of the discussion in this article is based on the authors' recommendations and advice presented at the workshop.
France, France, Netherlands, United States
- Harvard University United States
- University of Sussex United Kingdom
- Vrije Universiteit Amsterdam Netherlands
- London School of Economics and Political Science United Kingdom
- Stanford University United States
330, B- ECONOMIE ET FINANCE
330, B- ECONOMIE ET FINANCE
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selected citations
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These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
Citations provided by BIP!popularityPopularity provided by BIP!
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
Popularity provided by BIP! 194
Top 1%
Top 1%
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