Renewable Resources and Economic Sustainability: A Dynamic Analysis with Heterogeneous Time Preferences

By C. Li, K. Löfgren. 2000

186 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management, Monitoring, Policy and Law

View Paper: https://www.semanticscholar.org/paper/6bb70046f210857a772ac636b7a397b0ae970c80

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Citations in the corpus

Global Warming and Hyperbolic Discounting (2004, background): “Rabin (1998) describes the psychological basis for a declining pure rate of time preference.”
Declining Discount Rates: The Long and the Short of it (2005, methodology): “In contrast to Chichilnisky (1997), Li and Löfgren (2000) assume society consists of two individuals, a utilitarian and a conservationist.”
Cost-benefit analysis in the context of ecosystem services for human well-being: A multidisciplinary critique (2011, background): “Unfortunately, mathematical limitations (Hanley, 2000) and problems of time-inconsistency (Li and Löfgren, 2000) limit the applicability of a hyperbolic discount rate.”
Ethics and Climate Change Cost-Benefit Analysis: Stern and After (2009, background): “For example, a ‘materialist’ might favour a high discount rate, while a ‘conservationist’ would favour a low one (Li and Lofgren 2000).”
Cost-Benefit Analysis and the Environment: Recent Developments (2006, background): “The contributions of Chichilnisky (1996) and Li and Löfgren (2000), while different in approach, show that a declining discount rate (more specifically, the ρ in the Ramsey equation above) is consistent with a rule whereby current (future) generations must always take into account the well-being of…”
Environmental Cost-Benefit Analysis (2008, background): “Li CZ, Löfgren K-G.”
Discounting and the social cost of carbon: A closer look at uncertainty (2006, background): “Declining discount rates based upon the formulation in Li and Lofgren (2000) were avoided given the arbitrariness of selecting weights to be placed on the conservationist and the utilitarian.”
Valuing the future: recent advances in social discounting (2003, background): “The contributions of Chichilnisky (1996), and Li and Löfgren (2000), while different in approach, show that a declining discount rate (more specifically, the r in the Ramsey equation above) is consistent with a rule whereby current (future) generations must always take into account the well-being…”