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Renewable resource use with imperfect self-control
Strulik, Holger; Werner, Katharina - 2020
conservation, and sustainability and discuss policies to curb overuse and potential collapse of the resource due to present …
Persistent link: https://www.econbiz.de/10012302852
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Hyperbolic discounting and the time-consistent solution of three canonical environmental problems
Strulik, Holger - 2017
In this paper I propose a time-consistent method of discounting hyperbolically and apply it to three canonical environmental problems: (i) optimal renewable resource use, (ii) the tragedy of the commons, (iii) economic growth and pollution. I then compare results with those for conventional...
Persistent link: https://www.econbiz.de/10011742926
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Hyperbolic discounting and the time-consistent solution of three canonical environmental problems
Strulik, Holger - 2017
In this paper I propose a time-consistent method of discounting hyperbolically and apply it to three canonical environmental problems: (i) optimal renewable resource use, (ii) the tragedy of the commons, (iii) economic growth and pollution. I then compare results with those for conventional...
Persistent link: https://www.econbiz.de/10011742760
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Hyperbolic discounting and the time-consistent solution of three canonical environmental problems
Strulik, Holger - 2017
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) optimal renewable resource use, (ii) the tragedy of the...
Persistent link: https://www.econbiz.de/10011706020
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Renewable Resource Use with Imperfect Self-Control
Werner, Katharina; Strulik, Holger - 2020
conservation, and sustainability and discuss policies to curb overuse and potential collapse of the resource due to present …
Persistent link: https://www.econbiz.de/10012287916
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Renewable resource use with imperfect self- control
Strulik, Holger; Werner, Katharina - 2020
conservation, and sustainability and discuss policies to curb overuse and potential collapse of the resource due to present …
Persistent link: https://www.econbiz.de/10012436192
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Renewable resource use with imperfect self-control
Strulik, Holger; Werner, Katharina - In: Journal of economic behavior & organization : JEBO 212 (2023), pp. 778-795
Persistent link: https://www.econbiz.de/10014474447
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Hyperbolic Discounting and the Time-Consistent Solution of Three Canonical Environmental Problems
Strulik, Holger - 2017
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) optimal renewable resource use, (ii) the tragedy of the...
Persistent link: https://www.econbiz.de/10012949477
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Renewable Resource Use with Imperfect Self-Control
Strulik, Holger; Werner, Katharina - 2020
conservation, and sustainability and discuss policies to curb overuse and potential collapse of the resource due to present …
Persistent link: https://www.econbiz.de/10014091363
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Should we sustain? And if so, sustain what? Consumption or the quality of life?
Llavador, Humberto; Roemer, John E.; Silvestre, Joaquim - 2012
Sustainability has been largely replaced by discounted utilitarianism in contemporary climate-change economics. Our … approach rejuvenates sustainability by expanding the conception of the quality of life, along the lines of the UN Human … substituting consumption for the quality of life. Our sustainability results carry over. As it should be expected, optimal …
Persistent link: https://www.econbiz.de/10010318844