Pricing the planet's future the economics of discounting in an uncertain world / Christian Gollier.

Author/creator Gollier, Christian
Format Electronic
Publication InfoPrinceton : Princeton University Press,
Descriptionix, 232 p. : ill. ; 25 cm.
Supplemental ContentFull text available from JSTOR eBooks
Subjects

Contents Three ways to determine the discount rate -- The Ramsey Rule -- Extending the Ramsey Rule to an uncertain economic growth -- Random walk and mean-reversion -- Markov switches and extreme events -- Parametric uncertainty and fat tails -- The Weitzman argument -- A theory of the decreasing term structure of discount rates -- Inequalities -- Discounting non-monetary benefits -- Alternative decision criteria -- Evaluation of risky projects -- The option value of uncertain projects -- Evaluation of non-marginal projects.
Bibliography noteIncludes bibliographical references and index.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
LCCN 2012017060
ISBN9780691148762 (hbk. : alk. paper)

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