Determining Benefits and Costs for Future Generations

被引:230
作者
Arrow, K. [1 ]
Cropper, M. [2 ,3 ]
Gollier, C. [4 ]
Groom, B. [5 ]
Heal, G. [6 ]
Newell, R. [3 ,7 ,8 ]
Nordhaus, W. [9 ]
Pindyck, R. [10 ]
Pizer, W. [3 ,11 ]
Portney, P. [3 ,12 ]
Sterner, T. [3 ,13 ]
Tol, R. S. J. [14 ,15 ,16 ]
Weitzman, M. [17 ]
机构
[1] Stanford Univ, Stanford, CA 94305 USA
[2] Univ Maryland, College Pk, MD 20742 USA
[3] Resources Future Inc, Washington, DC 20036 USA
[4] Toulouse Sch Econ, F-31000 Toulouse, France
[5] London Sch Econ, London WC2A 2AE, England
[6] Columbia Business Sch, New York, NY 10027 USA
[7] Duke Univ, Nicholas Sch Environm, Durham, NC 27708 USA
[8] Natl Bur Econ Res, Cambridge, MA 02138 USA
[9] Yale Univ, Cowles Fdn, New Haven, CT 06511 USA
[10] MIT, Sloan Sch Management, Newton, MA 02159 USA
[11] Duke Univ, Sanford Sch Publ Policy, Durham, NC 27708 USA
[12] Univ Arizona, Tucson, AZ 85721 USA
[13] Univ Gothenburg, SE-40530 Gothenburg, Sweden
[14] Univ Sussex, Brighton BN1 9SL, E Sussex, England
[15] Vrije Univ Amsterdam, Inst Environm Studies, NL-1081 HV Amsterdam, Netherlands
[16] Vrije Univ Amsterdam, Dept Econ, NL-1081 HV Amsterdam, Netherlands
[17] Harvard Univ, Cambridge, MA 02138 USA
关键词
DISTANT FUTURE;
D O I
10.1126/science.1235665
中图分类号
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号
07 ; 0710 ; 09 ;
摘要
The United States and others should consider adopting a different approach to estimating costs and benefits in light of uncertainty.
引用
收藏
页码:349 / 350
页数:2
相关论文
共 17 条
[1]  
[Anonymous], 1253 RES FUT
[2]  
[Anonymous], 2010, RUL EST LIGHT DUT VE
[3]  
[Anonymous], 2003, GREEN BOOK APPR EV C
[4]   Asset pricing with distorted beliefs: Are equity returns too good to be true? [J].
Cecchetti, SG ;
Lam, PS ;
Mark, NC .
AMERICAN ECONOMIC REVIEW, 2000, 90 (04) :787-805
[5]   HOW BIG IS THE RANDOM-WALK IN GNP [J].
COCHRANE, JH .
JOURNAL OF POLITICAL ECONOMY, 1988, 96 (05) :893-920
[6]  
Gollier C., 2012, Pricing the Planet's Future: The Economics of Discounting in an Uncertain World
[7]   Declining discount rates: Economic justifications and implications for long-run policy [J].
Gollier, Christian ;
Koundouri, Phoebe ;
Pantelidis, Theologos .
ECONOMIC POLICY, 2008, (56) :759-795
[8]  
Groom B., 2013, 129 CTR CLIM CHANG E
[9]   Discounting the distant future: How much does model selection affect the certainty equivalent rate? [J].
Groom, Ben ;
Koundouri, Phoebe ;
Panopoulou, Ekaterini ;
Pantelidis, Theologos .
JOURNAL OF APPLIED ECONOMETRICS, 2007, 22 (03) :641-656
[10]   Social discounting under uncertainty: A cross-country comparison [J].
Hepburn, Cameron ;
Koundouri, Phoebe ;
Panopoulou, Ekaterini ;
Pantelidis, Theologos .
JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT, 2009, 57 (02) :140-150