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forecasted energy prices. Using Danish guidelines as a case study, we explore the discounting assumptions in these input prices …
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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...
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, effectively defeating the tyranny of discounting. A back-of-the-envelope calibration suggests that this last result is realistic …
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offender's time discounting. We exploit quasi-experimental variation in sentence length generated by a large collective pardon … in Italy and provide non-parametric evidence on the extent of discounting from the raw data on recidivism and sentence …
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