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Discounting the distant future: how much do uncertain rates increase valuations? · Study

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Discounting the distant future: how much do uncertain rates increase valuations?

Richard G. Newell, William A. Pizer

2003-06-02articleJournal of Environmental Economics and Management398 citationsclosed

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Capital Investment and Risk Analysis Climate Change Policy and Economics Economic and Environmental Valuation

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References

1973The Pricing of Options and Corporate Liabilities

1979Distribution of the Estimators for Autoregressive Time Series with a Unit Root

1992Testing the null hypothesis of stationarity against the alternative of a unit root

1994Investment Under Uncertainty.

1979Distribution of the Estimators for Autoregressive Time Series With a Unit Root

1994Investment under Uncertainty

1985A Theory of the Term Structure of Interest Rates

1977An equilibrium characterization of the term structure

Cited by

2013Determining Benefits and Costs for Future Generations

2009Limitations of integrated assessment models of climate change

2018Discounting Disentangled

2019The Green Book: Central Government Guidance on Appraisal and Evaluation

2018Large potential reduction in economic damages under UN mitigation targets

2006Uncertainty In Environmental Economics

2008The Social Cost of Carbon: Trends, Outliers and Catastrophes

2010How should the distant future be discounted when discount rates are uncertain?

Details

Year2003

Typearticle

VenueJournal of Environmental Economics and Management

Languageen

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Identifiers

doi10.1016/s0095-0696(02)00031-1

openalex_workW3121275971

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