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This paper analyses the choice of an inter-generational discount rate as well as a method for inter-generational discounting. It is shown that the pure time preference rate is irrelevant for inter-generational comparisons. However, the application of the growth time preference rate - with...
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Discounting is crucial for determining the efficiency of policy programmes. However, it has been criticized that discounting prevents sustainable development. It could only be reached if we refrained from discounting entirely. However, the second pillar of sustainable development is not...
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Our paper compares external effects of two municipal solid waste disposal technologies, bioreactor and dry tomb landfills, in a 600-year time-horizon using two different discounting techniques: Constant conventional discounting and Generation Adjusted Discounting (GAD). The paper starts with a...
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