메뉴 건너뛰기




Volumn 66, Issue 3, 2013, Pages 573-582

Discounting under uncertainty: Disentangling the Weitzman and the Gollier effect

Author keywords

Benefit cost analysis; Discounting; Term structure; Uncertainty; Weitzman Gollier puzzle

Indexed keywords

BENEFIT-COST ANALYSIS; DISCOUNTING; TERM STRUCTURE; UNCERTAINTY; WEITZMAN-GOLLIER PUZZLE;

EID: 84888199643     PISSN: 00950696     EISSN: 10960449     Source Type: Journal    
DOI: 10.1016/j.jeem.2013.07.004     Document Type: Article
Times cited : (25)

References (13)
  • 1
    • 84888200014 scopus 로고    scopus 로고
    • Yes, we should discount the far-distant future at its lowest possible rate. a resolution of the Weitzman-Gollier puzzle
    • Freeman M.C. Yes, we should discount the far-distant future at its lowest possible rate. a resolution of the Weitzman-Gollier puzzle. The Open-Access, Open-Assessment E-Journal 2010, 4.
    • (2010) The Open-Access, Open-Assessment E-Journal , vol.4
    • Freeman, M.C.1
  • 2
    • 84888205356 scopus 로고    scopus 로고
    • Gamma Discounting and the Combination of Forecasts. Working Paper.
    • Freeman, M., Groom, B., 2010. Gamma Discounting and the Combination of Forecasts. Working Paper.
    • (2010)
    • Freeman, M.1    Groom, B.2
  • 3
    • 3242673585 scopus 로고    scopus 로고
    • Maximizing the expected net future value as an alternative strategy to gamma discounting
    • Gollier C. Maximizing the expected net future value as an alternative strategy to gamma discounting. Finance Research Letters 2004, 1(2):85-89.
    • (2004) Finance Research Letters , vol.1 , Issue.2 , pp. 85-89
    • Gollier, C.1
  • 4
    • 85106517325 scopus 로고    scopus 로고
    • Should we discount the far-distant future at its lowest possible rate?
    • Gollier C. Should we discount the far-distant future at its lowest possible rate?. The Open-Access, Open-Assessment E-Journal 2009, 3.
    • (2009) The Open-Access, Open-Assessment E-Journal , vol.3
    • Gollier, C.1
  • 5
    • 74649083380 scopus 로고    scopus 로고
    • Expected net present value, expected net future value, and the Ramsey rule
    • Gollier C. Expected net present value, expected net future value, and the Ramsey rule. Journal of Environmental Economics and Management 2010, 59:142-148.
    • (2010) Journal of Environmental Economics and Management , vol.59 , pp. 142-148
    • Gollier, C.1
  • 6
    • 77952550107 scopus 로고    scopus 로고
    • How should the distant future be discounted when discount rates are uncertain?
    • Gollier C., Weitzman M.L. How should the distant future be discounted when discount rates are uncertain?. Economic Letters 2010, 107:350-353.
    • (2010) Economic Letters , vol.107 , pp. 350-353
    • Gollier, C.1    Weitzman, M.L.2
  • 7
    • 0003543733 scopus 로고
    • Cambridge University Press, First published 1934
    • Hardy G., Littlewood J., Polya G. Inequalities 1964, Cambridge University Press, First published 1934. 2nd ed.
    • (1964) Inequalities
    • Hardy, G.1    Littlewood, J.2    Polya, G.3
  • 9
    • 0000150312 scopus 로고
    • Asset prices in an exchange economy
    • Lucas R.E. Asset prices in an exchange economy. Econometrica 1978, 46:1429-1445.
    • (1978) Econometrica , vol.46 , pp. 1429-1445
    • Lucas, R.E.1
  • 10
    • 35348974085 scopus 로고    scopus 로고
    • A review of the Stern review on the economics of climate change
    • Nordhaus W.D. A review of the Stern review on the economics of climate change. Journal of Economic Literature 2007, 45(3):686-702.
    • (2007) Journal of Economic Literature , vol.45 , Issue.3 , pp. 686-702
    • Nordhaus, W.D.1
  • 11
    • 0001131206 scopus 로고
    • A mathematical theory of saving
    • Ramsey F.P. A mathematical theory of saving. The Economic Journal 1928, 38(152):543-559.
    • (1928) The Economic Journal , vol.38 , Issue.152 , pp. 543-559
    • Ramsey, F.P.1
  • 12
    • 0032211507 scopus 로고    scopus 로고
    • Why the far-distant future should be discounted at its lowest possible rate
    • Weitzman M.L. Why the far-distant future should be discounted at its lowest possible rate. Journal of Environmental Economics and Management 1998, 36:201-208.
    • (1998) Journal of Environmental Economics and Management , vol.36 , pp. 201-208
    • Weitzman, M.L.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.