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	Provedor de dados AgEcon (1) Autor Traeger, Christian P. (1) Palavra-chave Consumer/Household Economics (1) D 61 (1) D 90 (1) Environmental Economics and Policy (1) Environmental discount rate (1) H 43 (1) Hyperbolic (1) Limited substitutability (1) Nonconstant discounting (1) Numeraire dependence (1) Project evaluation (1) Propagator of marginal utility (1) Q 01 (1) Q 20 (1) Q 51 (1) Social discount factor (1) Social discount rate (1) Strong sustainability (1) Time preference (1) Weak sustainability (1) Mais... Tipo do documento Working or Discussion Paper (1) Ano 2007 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Sustainability, limited substitutability and non-constant social discount rates AgEcon Traeger, Christian P.. The paper explores the consequences of limited substitutability in welfare between environmental and produced goods for long-term evaluation. I show how the magnitude and time development of optimal social discount rates depend on the substitutability between the different classes of goods. The notions of weak and strong sustainability are translated into the degree of substitutability. I show that a strong notion of sustainability results in lower weights given to long-run service and consumption streams compared to a weak notion of sustainability. Tipo: Working or Discussion Paper Palavras-chave: Environmental discount rate; Weak sustainability; Hyperbolic; Limited substitutability; Nonconstant discounting; Numeraire dependence; Project evaluation; Propagator of marginal utility; Social discount factor; Social discount rate; Strong sustainability; Time preference; Consumer/Household Economics; Environmental Economics and Policy; D 61; Q 51; Q 20; Q 01; H 43; D 90. Ano: 2007 URL: http://purl.umn.edu/6099 Registros recuperados: 1 Primeira ... 1 ... Última

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