Avoiding Intergenerational Discounting on Sustainability Investments
This thesis describes the process in which a Two-Generation model and N-Generation model can determine the optimal levels of investment in sustainability without applying a discount rate to the benefits to future generations. These models constrain utility so that utility for each generation is equi...
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| Format: | Others |
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Scholarship @ Claremont
2012
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| Online Access: | http://scholarship.claremont.edu/cmc_theses/341 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1347&context=cmc_theses |