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

Christian Gollier

Abstract

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 a ... More

Keywords: economic development, nuclear waste disposal, natural resource exhaustion, biodiversity, climate change, pollution, public debt, public infrastructure, development sustainability

Bibliographic Information

Print publication date: 2012 Print ISBN-13: 9780691148762
Published to Princeton Scholarship Online: October 2017 DOI:10.23943/princeton/9780691148762.001.0001

Authors

Affiliations are at time of print publication.

Christian Gollier, author
Toulouse School of Economics