Titlebook: Climate Policy Under Intergenerational Discounting; An Application of th Jonathan Orlando Zaddach Book 2016 Springer Fachmedien Wiesbaden 2

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Intergenerational Discounting in the DICE Model,k, assuming that individual’s life-spans extend over a certain number of periods. To be as close as possible to the RA framework, Krysiak assumes that all individuals have additive time-separable preferences with a constant discount rate.

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Book 2016mal climate policy. Furthermore, he carries out a one-factor-at-a-time (OFAT) sensitivity analysis to check the discounting scheme for robustness. It turns out that the proposed discounting scheme fails in incorporating consumer sovereignty and intergenerational equity sufficiently..

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Customary

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Albert R. Weinhold,James B. Sinclairainst each other. Under the representative agent approach, however, one has to take sides with major implications for climate policy. Krysiak (2010) shows that this problem can be overcome in the framework of an overlapping generations model. For a set of normative assumptions, he derives a utility

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2625-3577 ch applies a discounting scheme derived by Krysiak (2010) in the latest DICE model and presents its implications for optimal climate policy. Furthermore, he carries out a one-factor-at-a-time (OFAT) sensitivity analysis to check the discounting scheme for robustness. It turns out that the proposed d

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S. K. Singh,Rakesh Pathak,Anjly Pancholy cases, the size of this rate determines whether a project is classified as attractive or unattractive. This is particularly true for projects with long time horizons, such as the abatement of greenhouse gas (GHG) emissions.

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