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  • 标题:Mock Referenda for Intergenerational Decision-making
  • 本地全文:下载
  • 作者:Kopp, Raymond J. ; Portney, Paul R.
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:1997
  • 期号:SUPPL
  • 出版社:Food Distribution Research Society
  • 摘要:Traditional applications of benefit-cost analysis make use of what we refer to as the"damage function and discounting" (or DFD) approach. This approach is well-suited to theanalysis of projects for which the principal benefits and costs occur within the next thirty toforty years, say. However, for projects with significant intergenerational consequences--i.e.,impacts that do not arise for hundreds of years or more--the DFD approach becomes almostintractable. We propose an alternative conception of benefit-cost analysis for intergenerationaldecisionmaking--the mock referendum--that is: (i) arguably more consistent with the tenets ofmodern welfare economics; (ii) more amenable to the analysis of long-term projects or policies;and (iii) consistent with political decision(s) that must be made if climate mitigation (or otherlong-term environmental protection) measures are to be taken.
  • 关键词:discounting; non-market valuation; intergenerational equity; contingent valuation
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