Pricing the Planet's Future

Pricing the Planet's Future PDF Author: Christian Gollier
Publisher: Princeton University Press
ISBN: 0691148767
Category : Business & Economics
Languages : en
Pages : 244

Get Book Here

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

Valuing Climate Damages

Valuing Climate Damages PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309454204
Category : Science
Languages : en
Pages : 281

Get Book Here

Book Description
The social cost of carbon (SC-CO2) is an economic metric intended to provide a comprehensive estimate of the net damages - that is, the monetized value of the net impacts, both negative and positive - from the global climate change that results from a small (1-metric ton) increase in carbon-dioxide (CO2) emissions. Under Executive Orders regarding regulatory impact analysis and as required by a court ruling, the U.S. government has since 2008 used estimates of the SC-CO2 in federal rulemakings to value the costs and benefits associated with changes in CO2 emissions. In 2010, the Interagency Working Group on the Social Cost of Greenhouse Gases (IWG) developed a methodology for estimating the SC-CO2 across a range of assumptions about future socioeconomic and physical earth systems. Valuing Climate Changes examines potential approaches, along with their relative merits and challenges, for a comprehensive update to the current methodology. This publication also recommends near- and longer-term research priorities to ensure that the SC- CO2 estimates reflect the best available science.

The Social Discount Rate

The Social Discount Rate PDF Author: Humberto Lopez
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description
The social discount rate measures the rate at which a society would be willing to trade present for future consumption. As such it is one of the most critical inputs needed for cost-benefit analysis. This paper presents estimates of the social discount rates for nine Latin American countries. It is argued that if the recent track record in terms of growth in the region is indicative of future performance, estimates of the social discount rate would be in the 3-4 percent range. However, to the extent that the region improves on its past performance, the social discount rate to be used in the evaluation of projects would increase to the 5-7 percent range. The paper also argues that if the social planner gives a similar chance to the low and high growth scenario, the discount rate should be dependent on the horizon of the project, declining from 4.4 percent for a 25-year horizon to less than 4 percent for a 100-year horizon.

Justifying, Characterizing and Indicating Sustainability

Justifying, Characterizing and Indicating Sustainability PDF Author: Geir B. Asheim
Publisher: Springer Science & Business Media
ISBN: 1402062001
Category : Science
Languages : en
Pages : 290

Get Book Here

Book Description
This volume brings together 18 articles published during the last 20 years, devoted to understanding the concept of sustainable development. The volume analyzes sustainability from three different perspectives and addresses sustainable development from prescriptive, descriptive and operational points of view. Each part begins with an article which functions as a survey. An up- to-date introduction serves to tie the three parts of the volume together.

Social Welfare Evaluation and Intergenerational Equity

Social Welfare Evaluation and Intergenerational Equity PDF Author: Kohei Kamaga
Publisher: Springer Nature
ISBN: 9811542546
Category : Business & Economics
Languages : en
Pages : 129

Get Book Here

Book Description
This book presents a synthesis of recent developments in axiomatic analyses of social welfare evaluation in social choice theory. It covers three different contexts of social welfare evaluation, namely, social welfare evaluation within a generation, intergenerational social welfare evaluation involving infinitely many generations, and intergenerational social welfare evaluation with variable population sizes of generations. Analyzing these three different but related contexts of social welfare evaluation in a unified manner, the book places the emphasis on the close linkage between them and provides readers with new insight regarding the relationship between them. Evaluation criteria discussed in the book are firmly rooted in moral philosophy. Besides the axiomatic analyses of utilitarian and egalitarian evaluation criteria, newly developed results on compromised criteria between the utilitarian and egalitarian evaluation criteria are covered as well. The book is recommended to readers who seek an up-to-date integrated overview of a large and broad body of the literature on the axiomatic analysis of social welfare evaluation.

The Social Discount Rate

The Social Discount Rate PDF Author: Humberto Lopez
Publisher: World Bank Publications
ISBN:
Category : Achieving Shared Growth
Languages : en
Pages : 19

Get Book Here

Book Description
Abstract: The social discount rate measures the rate at which a society would be willing to trade present for future consumption. As such it is one of the most critical inputs needed for cost-benefit analysis. This paper presents estimates of the social discount rates for nine Latin American countries. It is argued that if the recent track record in terms of growth in the region is indicative of future performance, estimates of the social discount rate would be in the 3-4 percent range. However, to the extent that the region improves on its past performance, the social discount rate to be used in the evaluation of projects would increase to the 5-7 percent range. The paper also argues that if the social planner gives a similar chance to the low and high growth scenario, the discount rate should be dependent on the horizon of the project, declining from 4.4 percent for a 25-year horizon to less than 4 percent for a 100-year horizon.

Discounting Future Fuel Costs at a Social Discount Rate

Discounting Future Fuel Costs at a Social Discount Rate PDF Author:
Publisher:
ISBN:
Category : Consumers
Languages : en
Pages : 30

Get Book Here

Book Description


A Theory of Fairness and Social Welfare

A Theory of Fairness and Social Welfare PDF Author: Marc Fleurbaey
Publisher: Cambridge University Press
ISBN: 1139498770
Category : Political Science
Languages : en
Pages : 315

Get Book Here

Book Description
The definition and measurement of social welfare have been a vexed issue for the past century. This book makes a constructive, easily applicable proposal and suggests how to evaluate the economic situation of a society in a way that gives priority to the worse-off and that respects each individual's preferences over his or her own consumption, work, leisure and so on. This approach resonates with the current concern to go 'beyond the GDP' in the measurement of social progress. Compared to technical studies in welfare economics, this book emphasizes constructive results rather than paradoxes and impossibilities, and shows how one can start from basic principles of efficiency and fairness and end up with concrete evaluations of policies. Compared to more philosophical treatments of social justice, this book is more precise about the definition of social welfare and reaches conclusions about concrete policies and institutions only after a rigorous derivation from clearly stated principles.

Valuing the Future

Valuing the Future PDF Author: G. M. Heal
Publisher: Columbia University Press
ISBN: 9780231113076
Category : Business & Economics
Languages : en
Pages : 244

Get Book Here

Book Description
Heal presents a coherent framework for understanding the Earth's future from an economic perspective and offers a dynamic new blueprint for comprehending sustainability.

On Justification

On Justification PDF Author: Luc Boltanski
Publisher: Princeton University Press
ISBN: 1400827140
Category : Social Science
Languages : en
Pages : 400

Get Book Here

Book Description
A vital and underappreciated dimension of social interaction is the way individuals justify their actions to others, instinctively drawing on their experience to appeal to principles they hope will command respect. Individuals, however, often misread situations, and many disagreements can be explained by people appealing, knowingly and unknowingly, to different principles. On Justification is the first English translation of Luc Boltanski and Laurent Thévenot's ambitious theoretical examination of these phenomena, a book that has already had a huge impact on French sociology and is likely to have a similar influence in the English-speaking world. In this foundational work of post-Bourdieu sociology, the authors examine a wide range of situations where people justify their actions. The authors argue that justifications fall into six main logics exemplified by six authors: civic (Rousseau), market (Adam Smith), industrial (Saint-Simon), domestic (Bossuet), inspiration (Augustine), and fame (Hobbes). The authors show how these justifications conflict, as people compete to legitimize their views of a situation. On Justification is likely to spark important debates across the social sciences.