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Discounting Future Prospects, and the Quest for Sustainability

In: Economics and the Future

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  • Alan Randall

Abstract

Economics and the Future tackles the discounting issue from a number of angles, ranging from relatively short-term private financial decisions, to very long-term public issues spanning generations. The authors present differing perspectives and original ideas in a style that remains accessible while addressing some of the more difficult questions about discounting in theory and practice. It reveals that the economic issues regarding time are embedded in a broader social, ethical and philosophical context.

Suggested Citation

  • Alan Randall, 2006. "Discounting Future Prospects, and the Quest for Sustainability," Chapters, in: David J. Pannell & Steven G.M. Schilizzi (ed.), Economics and the Future, chapter 8, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:3349_8
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    Keywords

    Economics and Finance; Environment;

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