Heinzel, Christoph; Winkler, Ralph - 2007
time preference and a time-to-build feature in capital accumulation. Both features are particularly important in the …. We focus on
the welfare-theoretic consequences of diverging social and private rates of time prefer-
ence and a time-to-build … subsidy.
Keywords: environmental and technology policy, social vs. individual rates of time pref-
erence, time to build …