Numerical analysis of non-constant pure rate of time preference: a model of climate policy

DOI10.1016/j.jeem.2007.11.004zbMath1210.91093OpenAlexW1973144151MaRDI QIDQ933650

Tomoki Fujii, Larry S. Karp

Publication date: 24 July 2008

Published in: Journal of Environmental Economics and Management (Search for Journal in Brave)

Full work available at URL: https://ink.library.smu.edu.sg/soe_research/2143

zbMATH Keywords

numerical methodsnon-renewable resourceshyperbolic discountingclimate changeobservational equivalencenon-constant pure rate of time preferenceStern review

Mathematics Subject Classification ID

Decision theory (91B06) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items

Modeling myopia: application to non-renewable resource extraction ⋮ The golden rule when preferences are time inconsistent ⋮ Heterogeneous discounting in economic problems ⋮ Optimal harvesting of fish stocks under a time-varying discount rate ⋮ Time perspective and climate change policy

Uses Software

• CompEcon

Cites Work

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