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

Volume

36

Issue

3

Pages

201-208

DOI

10.1006/jeem.1998.1052

DOI registrant

Elsevier

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

Does it exist? Confirmed. This work's DOI resolves to a registered record, which fixes its identity. That is all it fixes.

Does it back the claim? Not recorded. The single citation of this work carries no recorded support check.

Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.

See how references were verified.

Registry ID ref:fed2a6f08a94 · see in the full table