News
August 30 2012

FEEM Re3: "Carbon Prices for the Next Thousand Years



Changes in climate-related stocks have consequences spanning over centuries or possibly millennia to the future. To reconcile the discounting of such far-distant impacts and realism of the shorter-term decisions, Reyer Gerlagh, professor of Environmental Economics at Tilburg University, discusses hyperbolic time-preferences in a climate-economy model.


Review of Environment, Energy and Economics - Re3

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