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2) the social discount rate is smaller than the Ramsey rate if preferences are quasi-concave in own and reference …
Persistent link: https://www.econbiz.de/10009393303
Concern about sustainability helped to launch a new agenda for development and environmental economics and challenged many of the fundamental goals and assumptions of the conventional, neoclassical economics of growth and development. We review 25 years’ of refereed journal articles on the...
Persistent link: https://www.econbiz.de/10005442562