Uncertainty in Discount Models and Environmental Accounting

Cost-benefit analysis (CBA) is controversial for environmental issues, but is nevertheless employed by many governments and private organizations for making environmental decisions. Controversy centers on the practice of economic discounting in CBA for decisions that have substantial long-term cons...

Full description

Bibliographic Details
Main Authors: Donald Ludwig, William A. Brock, Stephen R. Carpenter
Format: Article
Language:English
Published: Resilience Alliance 2005-12-01
Series:Ecology and Society
Subjects:
Online Access:http://www.ecologyandsociety.org/vol10/iss2/art13/