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dc.contributor.authorAndersson, Julius
dc.date.accessioned2019-09-25T11:02:39Z
dc.date.available2019-09-25T11:02:39Z
dc.date.created2012-06-15 19:36
dc.date.issued2012
dc.identifieroai:lup.lub.lu.se:2629087
dc.identifierhttps://lup.lub.lu.se/student-papers/record/2629087
dc.identifier.urihttp://hdl.handle.net/20.500.12424/243805
dc.description.abstractThe question of which discount rate to choose when it comes to calculating costs and benefits regarding climate change has been discussed among economists since at least the beginning of the 1990’s. However, the issue of which discount rate to choose is not just an academic question, it also has major implications for climate change policy. In this paper I will show that there exists large disagreements among economists on which discount rate society should choose when calculating the costs and benefits of climate change. Moreover, because of large uncertainties, non-marginal effects, and specific aspects of the social welfare function commonly used in welfare economics, I suggest that we shift focus away from the choice of discount rates altogether. We should instead focus on the risk of possible limitations of people’s freedoms and opportunities to lead valuable lives. This shift in focus will affect the way we normally reason when it comes to the economics of climate change.
dc.format.mediumapplication/pdf
dc.language.isoeng
dc.publisherLunds universitet/Nationalekonomiska institutionen
dc.subjectRamsey rule
dc.subjectdiscounting
dc.subjectfreedoms and opportunities
dc.subjectclimate change
dc.subjectBusiness and Economics
dc.titleBeyond Discounting Climate Change
dc.typeM2
ge.collectioncodeBA
ge.dataimportlabelOAI metadata object
ge.identifier.legacyglobethics:4946309
ge.identifier.permalinkhttps://www.globethics.net/gel/4946309
ge.lastmodificationdate2016-07-01 12:38
ge.lastmodificationuseradmin@pointsoftware.ch
ge.submissions0
ge.oai.exportid53
ge.oai.repositoryid2485
ge.oai.setnameSamh�lls-, beteendevetenskap och juridik
ge.oai.setspecSocialBehaviourLaw
ge.oai.streamid1
ge.setnameGlobeEthicsLib
ge.setspecglobeethicslib
ge.linkhttps://lup.lub.lu.se/student-papers/record/2629087


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