Data/hora: 11/06/2024 02:30:07

Provedor de dados: 	31	
País: 	United States	
Título: 	Mock Referenda for Intergenerational Decision-making	
Autores: 	Kopp,   Raymond J.; Portney,   Paul R.	
Data: 	2005-11-08	
Ano: 	1997	
Palavras-chave: 	Discounting; Non-market valuation; Intergenerational equity; Contingent valuation; Labor and Human Capital; D6; H4.	
Resumo: 	Traditional applications of benefit-cost analysis make use of what we refer to as the "damage function and discounting" (or DFD) approach. This approach is well-suited to the analysis of projects for which the principal benefits and costs occur within the next thirty to forty years, say. However, for projects with significant intergenerational consequences--i.e., impacts that do not arise for hundreds of years or more--the DFD approach becomes almost intractable. We propose an alternative conception of benefit-cost analysis for intergenerational decision-making--the mock referendum--that is: (i) arguably more consistent with the tenets of modern welfare economics; (ii) more amenable to the analysis of long-term projects or policies; and (iii) consistent with political decision(s) that must be made if climate mitigation (or other long-term environmental protection) measures are to be taken.	
Tipo: 	Working or Discussion Paper	
Idioma: 	Inglês	
Identificador: 	18916

http://purl.umn.edu/10745	
Editor: 	AgEcon Search	
Relação: 	Resources for the Future&gt;Discussion Papers

Discussion Paper 97-48	
Formato: 	20

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