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Human Well-Being and the Natural Environment$
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Partha Dasgupta

Print publication date: 2001

Print ISBN-13: 9780199247882

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199247889.001.0001

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Discounting Future Consumption

Discounting Future Consumption

Chapter:
(p.179) 11 Discounting Future Consumption
Source:
Human Well-Being and the Natural Environment
Author(s):

Partha Dasgupta (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0199247889.003.0014

Scrutinizes a class of accounting prices that has been the object of regular misunderstanding: social discount rates. The topic is over 40 years old, yet controversy rages over matters that have long been settled, involving as they do technical economics. Many who express views on social discount rates overlook the literature and make incorrect claims. I point to a few as the occasions warrant.

Keywords:   accounting prices, social discount rates

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