In this paper I propose a time-consistent method of discounting hyperbolically that contains the discount rate implied … by Gamma discounting as a special case. I apply the discounting method to three canonical environmental problems: (i … with those for conventional exponential discounting using the normalization that both methods provide the same present …

prices fluctuate randomly”, but with an endogenous discounting process which must not be chosen a priori. We show that the …

is characterized by envy-guilt asymmetry in discounting with respect to future generations' utility: Higher utility than …

economically realistic models have led to the application of various forms of economic discounting to the contested resource. This … paper investigates the application of a two-parameter economic discounting method, called generalized hyperbolic discounting …, and characterizes the game’s Nash equilibrium conditions. We prove that for agents discounting such that accumulated value …

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