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Time and the Generations

Partha Dasgupta

in Climate Change and Common Sense: Essays in Honour of Tom Schelling

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199692873
eISBN:
9780191738371
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199692873.003.0007
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter reviews the ethical foundations of both national and international policies designed to counter global climate change. Four moral theories are identified and are shown under certain ... More


Time and the Social Discount Rate

Chris Jones

in Applied Welfare Economics

Published in print:
2005
Published Online:
July 2005
ISBN:
9780199281978
eISBN:
9780191602535
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199281971.003.0008
Subject:
Economics and Finance, Public and Welfare

Many policies impact on inter-temporal consumption choices, with taxes on capital income being the most obvious example. This chapter examines the welfare effects of linear and non-linear personal ... More


Discounting Future Consumption

Partha Dasgupta

in Human Well-Being and the Natural Environment

Published in print:
2001
Published Online:
November 2003
ISBN:
9780199247882
eISBN:
9780191596100
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199247889.003.0014
Subject:
Economics and Finance, Development, Growth, and Environmental

Scrutinizes a class of accounting prices that has been the object of regular misunderstanding: social discount rates. The topic is over 40 years old, yet controversy rages over matters that have long ... More


Cost-Benefit Paralysis

Stephen M. Gardiner

in A Perfect Moral Storm: The Ethical Tragedy of Climate Change

Published in print:
2011
Published Online:
September 2011
ISBN:
9780195379440
eISBN:
9780199897100
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195379440.003.0009
Subject:
Philosophy, Philosophy of Science

This chapter sketches some serious disputes between rival economic analyses of climate change. Such disputes result in vastly different policy recommendations, and involve serious differences in ... More


Positive Social Time Preference

Joseph Heath

in Philosophical Foundations of Climate Change Policy

Published in print:
2021
Published Online:
September 2021
ISBN:
9780197567982
eISBN:
9780197568019
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780197567982.003.0007
Subject:
Philosophy, Moral Philosophy

Recent debates have made it clear that the choice of a social discount rate has enormous consequences for the amount of carbon abatement that will be recommended. The social discount rate determines ... More


Discounting under Risk: Utilitarianism vs. Prioritarianism

Maddalena Ferranna

in Philosophy and Climate Change

Published in print:
2021
Published Online:
April 2021
ISBN:
9780198796282
eISBN:
9780191918933
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198796282.003.0004
Subject:
Philosophy, Moral Philosophy

The debate on the economics of climate change has focused primarily on the choice of the social discount rate, which plays a key role in determining the desirability of climate policies given the ... More


The Social Cost of Carbon from Theory to Trump

J. Paul Kelleher

in Climate Justice: Integrating Economics and Philosophy

Published in print:
2018
Published Online:
November 2018
ISBN:
9780198813248
eISBN:
9780191851230
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780198813248.003.0012
Subject:
Economics and Finance, Public and Welfare, Development, Growth, and Environmental

The social cost of carbon (SCC) is a central concept in climate change economics. This chapter explains the SCC and investigates it philosophically. As is widely acknowledged, any SCC calculation ... More


The Static Economic Model of the Fishery

Trond Bjørndal and Gordon R. Munro

in The Economics and Management of World Fisheries

Published in print:
2012
Published Online:
January 2013
ISBN:
9780199576753
eISBN:
9780191745973
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199576753.003.0002
Subject:
Economics and Finance, Development, Growth, and Environmental, Financial Economics

This chapter commences with the most basic dynamic, or capital theoretic, economic model of the fishery, one that is essentially a dynamic version of the Gordon-Schaefer model examined in chapter 2. ... More


Philosophical Foundations of Climate Change Policy

Joseph Heath

Published in print:
2021
Published Online:
September 2021
ISBN:
9780197567982
eISBN:
9780197568019
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780197567982.001.0001
Subject:
Philosophy, Moral Philosophy

Although the task of formulating an appropriate policy response to the problem of anthropogenic climate change is one that raises a number of very difficult normative issues, environmental ethicists ... More


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