Abstract
In assessing the effects of climate change policies, economists use the social discount rate, with
an implicit assimilation of a collective choice involving several generations, to the intertemporal
allocation of consumption of a single infinitely lived individual. The higher the discount rate,
the more the future damage of climate change is dwarfed. This is opposed to the notion of a
common good involving future generations.
| Translated title of the contribution | [Autom. eng. transl.] Social Discount Rate and Climate Change |
|---|---|
| Original language | Italian |
| Pages (from-to) | 62-71 |
| Number of pages | 10 |
| Journal | DIZIONARIO DI DOTTRINA SOCIALE DELLA CHIESA |
| Volume | 2024 |
| DOIs | |
| Publication status | Published - 2024 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 13 Climate Action
Keywords
- Tasso di sconto sociale
- Social discount rate
- Cambiamento climatico
- Climate change
- Etica ed economia
- Ethics and economics
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