also account for congestion and other externalities associated with vehicle use, at least until mileage-based taxes are … across different fuels and end users, better aligning tax rates with (albeit crude) values for externalities, and scaling …

the benefits of taxation can lead to low support for taxes. In a dynamic market experiment with negative externalities, we … consistently find that people are less willing to accept Pigouvian taxes, aimed at reducing negative externalities and restoring … market efficiency, when the negative externalities are delayed. While people learn to adopt taxation when the negative …

In this paper I propose a time-consistent method of discounting hyperbolically and apply it to three canonical … then compare results with those for conventional exponential discounting using the normalization that both methods provide …, time-consistent hyperbolic discounting leads always to a steady state of maximum yield, or, if the environment enters the …

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 …