addressing here is: should uncertainty about future preferences lead to a more conservative attitude towards environment … environment than ours, but this result relies heavily on the assumption of a separability between consumption and environmental … (impatience, intertemporal flexibility, natural capacities of regeneration of the environment, relative preference for the …

the use of environmental services and so is a direct cause of environmental degradation. The environment is valued both as … marginal discount rate allows us to avoid the depletion of the environment. …