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Magazine subscription and intertemporal discounting : some further evidence

Resende, Marcelo; Ferioli, Eduardo - 2014

The paper's objective is to assess price discrimination in magazine subscriptions in the Brazilian market. Oster and Scott-Morton (2005) had advanced a price discrimination mechanism in which the ratio between subscription and newsstand prices would be positively associated to the extent that a...

Persistent link: https://www.econbiz.de/10010434131

Discounting and climate policy

Ploeg, Frederick van der - 2020

The social rate of discount is a crucial driver of the social cost of carbon (SCC), i.e. the expected present discounted value of marginal damages resulting from emitting one ton of carbon today. Policy makers should set carbon prices to the SCC using a carbon tax or a competitive permits...

Persistent link: https://www.econbiz.de/10012249287

How should the distant future be discounted when discount rates are uncertain?

Gollier, Christian; Weitzman, Martin L. - 2009

It is not immediately clear how to discount distant-future events, like climate change, when the distant-future discount rate itself is uncertain. The so-called "Weitzman-Gollier puzzle" is the fact that two seemingly symmetric and equally plausible ways of dealing with uncertain future discount...

Persistent link: https://www.econbiz.de/10003910677

Intergenerational discounting and inequality

Nesje, Frikk; Piacquadio, Paolo G. - 2025

We study all theories of justice that disentangle ethical views on intergenerational discounting and intergenerational … inequality. Each “modular” social welfare function is uniquely identified by a time-discounting function—capturing attitudes … properties and establishes the limits of disentangling discounting and inequality. Our theories include as special cases the most …

Persistent link: https://www.econbiz.de/10015186356

Systematic consumption risk in currency returns

Hoffmann, Mathias; Suter, Rahel - 2013

We sort currencies by countries' consumption growth over the past four quarters. Currency portfolios of countries experiencing consumption booms have higher Sharpe ratios than those of countries going through a consumption-based recession. A carry strategy that goes short in countries that are...

Persistent link: https://www.econbiz.de/10009752999

Cross-dynastic intergenerational altruism

Nesje, Frikk - 2022

I study whether saving behavior reveals socially relevant intertemporal preferences. To this end, I decompose the present generation’s preference for the next into its dynastic and cross-dynastic components in a model of saving. If people are concerned about the next generation as such, then...

Persistent link: https://www.econbiz.de/10013041365

Fair intergenerational utilitarianism : risk, its resolution over time, and discounting

Piacquadio, Paolo Giovanni - 2014

resolution of risk, (iii) show different discounting formulas depending on the magnitude of risk and on the timing of its …

Persistent link: https://www.econbiz.de/10010467848

Embedded discounting

Sneum, Daniel Møller; Soysal, Emilie Rosenlund; Nesje, … - 2023

forecasted energy prices. Using Danish guidelines as a case study, we explore the discounting assumptions in these input prices …

Persistent link: https://www.econbiz.de/10014383298

Discounting in an uncertain world : disentangling the debate on the Weitzman-Gollier puzzle

Buchholz, Wolfgang - 2014

Under conditions of risk it makes a difference whether the discount rate is determined as an expected present or as an expected future value. This difference which is dubbed as the Weitzman-Gollier puzzle has stimulated an intensive discussion which, however, is somewhat confusing. In this paper...

Persistent link: https://www.econbiz.de/10010412052

Collective choice with heterogeneous time preferences

Pakhnin, Mikhail - 2021

allows us to clarify the issue of dynamic inconsistency and relate it to simple properties of discounting. We distinguish …

Persistent link: https://www.econbiz.de/10012546897