Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9549279 | Economics Letters | 2005 | 5 Pages |
Abstract
Discounting utility is the predominant approach to sustainability. The choice of the discount rates is discussed controversely. In this paper it is argued that the discount rates should be compatible with sustainability. It is shown that such discount rates exist under reasonable assumptions.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Klaus Hellwig,