Chapter 21 Intertemporal Welfare Economics and the Environment

I review the complex welfare economic issues that arise in environmental decision-making over very long periods, as in cases relating to climate change and biodiversity loss. I also consider the issues that arise in choosing a discount rate to apply to very long-run projects and indicate how such rates should be chosen.

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Year of publication:	2005
Authors:	Heal, Geoffrey
Published in:	Handbook of environmental economics : volume 3, Economywide and international issues. - Amsterdam : Elsevier North Holland, ISBN 0-08-045916-1. - 2005, p. 1105-1145
Subject:	environment \| discount rate \| utilitarian \| welfare economics \| climate change \| biodiversity \| Wohlfahrtsökonomik \| Welfare economics \| Theorie \| Theory \| Umweltökonomik \| Environmental economics \| Utilitarismus \| Utilitarianism \| Klimawandel \| Climate change \| Soziale Diskontrate \| Social discount rate \| Artenvielfalt \| Biodiversity \| Soziale Wohlfahrtsfunktion \| Social welfare function

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Type of publication:	Article
Language:	English
Other identifiers:	10.1016/S1574-0099(05)03021-4 [DOI]
Classification:	C43 - Index Numbers and Aggregation ; D60 - Welfare Economics. General ; H00 - Public Economics. General ; I30 - Welfare and Poverty. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014023911