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  1. Environmental and Resource Economics
  2. Environmental and Resource Economics : Volume 21
  3. Environmental and Resource Economics : Volume 21, Issue 3, March 2002
  4. Preferences in the Future
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Environmental and Resource Economics : Volume 67
Environmental and Resource Economics : Volume 66
Environmental and Resource Economics : Volume 65
Environmental and Resource Economics : Volume 64
Environmental and Resource Economics : Volume 63
Environmental and Resource Economics : Volume 62
Environmental and Resource Economics : Volume 61
Environmental and Resource Economics : Volume 60
Environmental and Resource Economics : Volume 59
Environmental and Resource Economics : Volume 58
Environmental and Resource Economics : Volume 57
Environmental and Resource Economics : Volume 56
Environmental and Resource Economics : Volume 55
Environmental and Resource Economics : Volume 54
Environmental and Resource Economics : Volume 53
Environmental and Resource Economics : Volume 52
Environmental and Resource Economics : Volume 51
Environmental and Resource Economics : Volume 50
Environmental and Resource Economics : Volume 49
Environmental and Resource Economics : Volume 48
Environmental and Resource Economics : Volume 47
Environmental and Resource Economics : Volume 46
Environmental and Resource Economics : Volume 45
Environmental and Resource Economics : Volume 44
Environmental and Resource Economics : Volume 43
Environmental and Resource Economics : Volume 42
Environmental and Resource Economics : Volume 41
Environmental and Resource Economics : Volume 40
Environmental and Resource Economics : Volume 39
Environmental and Resource Economics : Volume 38
Environmental and Resource Economics : Volume 37
Environmental and Resource Economics : Volume 36
Environmental and Resource Economics : Volume 35
Environmental and Resource Economics : Volume 34
Environmental and Resource Economics : Volume 33
Environmental and Resource Economics : Volume 32
Environmental and Resource Economics : Volume 31
Environmental and Resource Economics : Volume 30
Environmental and Resource Economics : Volume 29
Environmental and Resource Economics : Volume 28
Environmental and Resource Economics : Volume 27
Environmental and Resource Economics : Volume 26
Environmental and Resource Economics : Volume 25
Environmental and Resource Economics : Volume 24
Environmental and Resource Economics : Volume 23
Environmental and Resource Economics : Volume 22
Environmental and Resource Economics : Volume 21
Environmental and Resource Economics : Volume 21, Issue 4, April 2002
Environmental and Resource Economics : Volume 21, Issue 3, March 2002
An Integrated System for Management and Policy Analysis
Shiftable Externalities: A Market Solution
Preferences in the Future
Does International Harmonization of Environmental Policy Instruments Make Economic Sense?
Estimating Willingness to Pay for Improved Drinking Water Quality Using Averting Behavior Method with Perception Measure
Environmental and Resource Economics : Volume 21, Issue 2, February 2002
Environmental and Resource Economics : Volume 21, Issue 1, January 2002
Environmental and Resource Economics : Volume 20
Environmental and Resource Economics : Volume 19
Environmental and Resource Economics : Volume 18
Environmental and Resource Economics : Volume 17
Environmental and Resource Economics : Volume 16
Environmental and Resource Economics : Volume 15
Environmental and Resource Economics : Volume 14
Environmental and Resource Economics : Volume 13
Environmental and Resource Economics : Volume 12
Environmental and Resource Economics : Volume 11
Environmental and Resource Economics : Volume 10
Environmental and Resource Economics : Volume 9

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Preferences in the Future

Content Provider Springer Nature Link
Author Horowitz, J.K.
Copyright Year 2002
Abstract Environmental economics has been much occupied with “the discount rate,” which is the value of future costs and benefits relative to present costsor benefits. But at least as important is the question of whatshould be discounted, that is, what the value of those future environmentalbenefits is to future generations. This paper analyzes the role for futurepreferences and discusses the state of knowledge. I argue that theappropriate discount rate is the market one, and that the real problemis determining future willingness-to-pay. This approach makes clearerthe connection between discounting and the valuation debate.This paper focuses on two features that have been prominent in that debate:existence value and reference dependence. I argue that thereis a vital connection between the two constructs and that this link yieldsimportant implications for future willingness-to-pay.
Starting Page 241
Ending Page 258
Page Count 18
File Format PDF
ISSN 09246460
Journal Environmental and Resource Economics
Volume Number 21
Issue Number 3
e-ISSN 15731502
Language English
Publisher Kluwer Academic Publishers
Publisher Date 2002-01-01
Publisher Place Dordrecht
Access Restriction One Nation One Subscription (ONOS)
Subject Keyword Economics general Economic Policy Environmental Economics
Content Type Text
Resource Type Article
Subject Economics and Econometrics Management, Monitoring, Policy and Law
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