Numerical analysis of non-constant pure rate of time preference: A model of climate policy
When current decisions affect welfare in the far-distant future, as with climate change, the use of a declining pure rate of time preference (PRTP) provides potentially important modeling flexibility. The difficulty of analyzing models with non-constant PRTP limits their application. We describe and...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2008
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/2143 https://ink.library.smu.edu.sg/context/soe_research/article/3143/viewcontent/JEEM_numerical_climate_2008.pdf |
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| Institution: | Singapore Management University |
| Language: | English |
