Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Supporting your high street Find out how »
Pricing the Planet's Future : The Economics of Discounting in an Uncertain World, Hardback Book

Pricing the Planet's Future : The Economics of Discounting in an Uncertain World Hardback

Hardback

Available to Order - This title is available to order, with delivery expected within 2 weeks

Description

Our path of economic development has generated a growing list of environmental problems including the disposal of nuclear waste, exhaustion of natural resources, loss of biodiversity, climate change, and polluted land, air, and water.

All these environmental problems raise the crucial challenge of determining what we should and should not do for future generations.

It is also central to other policy debates, including, for example, the appropriate level of public debt, investment in public infrastructure, investment in education, and the level of funding for pension benefits and for research and development.

Today, the judge, the citizen, the politician, and the entrepreneur are concerned with the sustainability of our development.

The objective of Pricing the Planet's Future is to provide a simple framework to organize the debate on what we should do for the future.

A key element of analysis by economists is the discount rate--the minimum rate of return required from an investment project to make it desirable to implement.

Christian Gollier outlines the basic theory of the discount rate and the various arguments that favor using a smaller discount rate for more distant cash flows. With principles that can be applied to many policy areas, Pricing the Planet's Future offers an ideal framework for dynamic problems and decision making.

Information

Save 17%

£40.00

£33.09

Available to Order - This title is available to order, with delivery expected within 2 weeks
Add to Basket
Sign in to add to wishlist
 
Free Home Delivery

on all orders

 
Pick up orders

from local bookshops

Information