Should governments use a declining discount rate in project analysis?


Journal Article

At a workshop held at Resources for the Future in September 2011, twelve of the authors were asked by the US Environmental Protection Agency (EPA) to provide advice on the principles to be used in discounting the benefits and costs of projects that affect future generations. Maureen L. Cropper chaired the workshop. Much of the discussion in this article is based on the authors' recommendations and advice presented at the workshop. © The Author 2014.

Full Text

Duke Authors

Cited Authors

  • Arrow, KJ; Cropper, ML; Gollier, C; Groom, B; Heal, GM; Newell, RG; Nordhaus, WD; Pindyck, RS; Pizer, WA; Portney, PR; Sterner, T; Tol, RSJ; Weitzman, ML

Published Date

  • January 1, 2014

Published In

Volume / Issue

  • 8 / 2

Start / End Page

  • 145 - 163

Electronic International Standard Serial Number (EISSN)

  • 1750-6824

International Standard Serial Number (ISSN)

  • 1750-6816

Digital Object Identifier (DOI)

  • 10.1093/reep/reu008

Citation Source

  • Scopus