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. Uncertainty about the future rate of growth of the economy and emissions and the risk of macroeconomic disasters (tail risks) also …
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Under conditions of risk it makes a difference whether the discount rate is determined as an expected present or as an …
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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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, effectively defeating the tyranny of discounting. A back-of-the-envelope calibration suggests that this last result is realistic …
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