Pricing the Planet's Future: The Economics of Discounting in an Uncertain World
Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Gollier, Christian (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Princeton, N.J. Princeton University Press 2012
Schlagworte:
Online-Zugang:DE-1043
DE-1046
DE-858
DE-859
DE-860
DE-473
DE-739
Volltext
Volltext
Beschreibung:Biographical note: GollierChristian: Christian Gollier is professor of economics at the University of Toulouse and director of the Toulouse School of Economics. He is the author of "The Economics of Risk and Time" and the coauthor of "Economic and Financial Decisions under Risk" (Princeton)
Main description: Our path of economic development has generated a growing list of environmental problems including the disposal of nuclear waste, exhaustion of natural resources, loss of biodiversity, climate change, and polluted land, air, and water. All these environmental problems raise the crucial challenge of determining what we should and should not do for future generations. It is also central to other policy debates, including, for example, the appropriate level of public debt, investment in public infrastructure, investment in education, and the level of funding for pension benefits and for research and development. Today, the judge, the citizen, the politician, and the entrepreneur are concerned with the sustainability of our development. The objective of Pricing the Planet's Future is to provide a simple framework to organize the debate on what we should do for the future. A key element of analysis by economists is the discount rate--the minimum rate of return required from an investment project to make it desirable to implement. Christian Gollier outlines the basic theory of the discount rate and the various arguments that favor using a smaller discount rate for more distant cash flows. With principles that can be applied to many policy areas, Pricing the Planet's Future offers an ideal framework for dynamic problems and decision making
Beschreibung:1 Online-Ressource (248 S.)
ISBN:9781400845408
DOI:10.1515/9781400845408

Es ist kein Print-Exemplar vorhanden.

Fernleihe Bestellen Achtung: Nicht im THWS-Bestand! Volltext öffnen