Global Warming and Hyperbolic Discounting

By Larry S. Karp. 2004

198 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/28159ae2e8e38c6cd8d946861517fc0c81e9f599

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. E. Gsottbauer
2. E. Birol
3. Y. Kountouris
4. Rachel T. A. Croson
5. Kjell Arne Brekke
6. J. Bergh
7. Olof Johansson-Stenman
8. Nicolas Treich

In General Decision Sciences

1. J. Bergh
2. Olof Johansson-Stenman
3. Nicolas Treich
4. Rachel T. A. Croson
5. E. Gsottbauer
6. Kjell Arne Brekke
7. E. Birol
8. Phoebe Koundouri

Citations in the corpus

• Environmental Policy Theory Given Bounded Rationality and Other-regarding Preferences (2011, background): “suggest that mechanisms like peer comparison and feedback, benchmarking, and ranking can contribute to stimulating socially desirable behavior. Nannen and van den Bergh (2010) is a rare study which combines behavioral economics (bounded rationality and relative welfare) and evolutionary or populatio”
• Assessing the economic viability of alternative water resources in water-scarce regions: Combining economic valuation, cost-benefit analysis and discounting (2010, background): “Third, experimental work by both psychologists and economists on individual choice has revealed that individuals discount the future at a declining rate that follows a hyperbolic path (see e.g., Henderson and Bateman 1995; Karp 2005).”
• Intertemporal Tradeoffs for Gains and Losses: An Experimental Measurement of Discounted Utility (2010, unknown): “…Brocas and Carrillo (2000) for the value of information, Gruber and Köszegi (2001) for addiction, Bénabou and Tirole (2002) for self-confidence, Diamond and Köszegi (2003) for retirement, and Karp (2005) for global warming. assuming linear utility will lead to an overestimation of discount rates.”
• The behavioural economics of climate change (2008, background): “…suggests that economists who, for whatever reason, consider it important to take drastic action against climate change today (coincidentally, the authors of this paper belong to this group), would tend to believe that low parameter values in the Ramsey discounting formula are more appropriate.”
• Behavioral Environmental Economics: Promises and Challenges (2014, background): “This literature has often discussed how traditional policy instruments (like taxes), or traditional methods (like cost-benefit analysis), can be affected by behavioral concerns, including taxes crowding out public good contributions (Deci 1975; Benabou and Tirole 2006; Nyborg 2010), or the impact of”