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dc.contributor.authorGuesnerie, Roger
dc.contributor.authorGuéant, Olivier
HAL ID: 10375
dc.contributor.authorLasry, Jean-Michel
dc.date.accessioned2009-10-16T13:43:59Z
dc.date.available2009-10-16T13:43:59Z
dc.date.issued2008
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/2266
dc.language.isoenen
dc.subjectEnvironmenten
dc.subjectDiscount rateen
dc.subjectEcologyen
dc.subject.ddc332en
dc.subject.classificationjelH43en
dc.subject.classificationjelQ56en
dc.titleEconomic Calculus and Sustainable Developmenten
dc.typeDocument de travail / Working paper
dc.description.abstractenThis article discusses the discount rate to be used in projects that aimed at improving the environment. The model is quite stylized and involves two different goods, one is the usual consumption good whose production increases exponentially, the other is an environmental good whose quality remains limited. We define an ecological discount rate and we exhibit different relations that link this discount rate with the usual interest rate and the growth rate. We also discuss, mainly in the long run, the sensibility of this ecological discount rate to the parameters.en
dc.publisher.nameUniversité Paris-Dauphine
dc.publisher.cityParis
dc.identifier.citationpages24en
dc.relation.ispartofseriestitleCahiers de la Chaire Finance et Développement Durableen
dc.relation.ispartofseriesnumber15 (Indiqué n°16 par erreur)en
dc.description.sponsorshipprivateouien
dc.subject.ddclabelEconomie financièreen


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