Authors
J. Paul Kelleher
University of Wisconsin, Madison
Abstract
This paper distinguishes between five different approaches to social discount rates in climate change economics, criticizes two of these, and explains how the other three are to some degree mutually compatible. It aims to shed some new light on a longstanding debate in climate change economics between so-called “descriptivists” and “prescriptivists” about social discounting. The ultimate goal is to offer a sketch of the conceptual landscape that makes visible some important facets of the debate that very often go unacknowledged.
Keywords Discount rate  Climate change economics  Intergenerational equity
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References found in this work BETA

Discounting for Public Policy: A Survey.Hilary Greaves - 2017 - Economics and Philosophy 33 (3):391-439.
Pure Time Preference in Intertemporal Welfare Economics.J. Paul Kelleher - 2017 - Economics and Philosophy 33 (3):441-473.

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