Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate

Weitzman, M. L. (1998). Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate. Journal of Environmental Economics and Management, 36(3), 201-208.

Type

Journal article

Intellectual base

Primary research

Year

1998

DOI

10.1006/jeem.1998.1052

Link

https://doi.org/10.1006/jeem.1998.1052

Cited from

economics_finance

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Discounting (Present Value)
  • and Weitzman (1998)

    This sourceShows that under unresolvable uncertainty about future discount rates the far-distant future should be discounted at the lowest possible rate; supports the declining-term-structure / uncertainty-driven discounting claim.

Verification

This reference passed the adversarial substantiation pipeline: it was checked to exist and to support the claim it is attached to. See how references were verified.

Registry ID ref:fed2a6f08a94 · see in the full table