Groom, Ben; Hepburn, Cameron; Koundouri, Phoebe; … - In: Environmental & Resource Economics 32 (2005) 4, pp. 445-493
The last few years have witnessed important advances in our understanding of time preference and social discounting. In particular, several rationales for the use of time-varying social discount rates have emerged. These rationales range from the ad hoc to the formal, with some founded solely in...
