The principle of equivalence in mathematics of finance compares and values cash flows. It requires a valuation of time … and uncertainty. From a mathematical point of view the valuation is an equivalence relation. This perspective offers a … unified formal framework. In mathematics of finance time is valued by interest. In valuation of uncertainty one distinguishes …

perspective, economic valuation should not only seek to determine willingness to pay for environmental goods to devise an … theoretical results with empirical evidence we show that more equal societies have a higher valuation for environmental public …, we identify a number of fruitful areas for future research and discuss implications for environmental valuation …