How Long to Read Discounting and Intergenerational Equity

How Long Does it Take to Read Discounting and Intergenerational Equity?

It takes the average reader 3 hours and 20 minutes to read Discounting and Intergenerational Equity by Paul R. Portney

Assuming a reading speed of 250 words per minute. Learn more

Description

The full effects of decisions made today about many environmental policies -including climate change and nuclear waste- will not be felt for many years. For issues with long-term ramifications, analysts often employ discount rates to compare present and future costs and benefits. This is reasonable, and discounting has become a procedure that raises few objections. But are the methods appropriate for measuring costs and benefits for decisions that will have impacts 20 to 30 years from now the right ones to employ for a future that lies 200 to 300 years in the future? This landmark book argues that methods reasonable for measuring gains and losses for a generation into the future may not be appropriate when applied to a longer span of time. Paul Portney and John Weyant have assembled some of the world's foremost economists to reconsider the purpose, ethical implications, and application of discounting in light of recent research and current policy concerns. These experts note reasons why conventional calculations involved in discounting are undermined when considering costs and benefits in the distant future, including uncertainty about the values and preferences of future generations, and uncertainties about available technologies. Rather than simply disassemble current methodologies, the contributors examine innovations that will make discounting a more compelling tool for policy choices that influence the distant future. They discuss the combination of a high shout-term with a low long-term diescount rate, explore discounting according to more than one set of anticipated preferences for the future, and outline alternatives involving simultaneous consideration of valuation, discounting and political acceptability.

How long is Discounting and Intergenerational Equity?

Discounting and Intergenerational Equity by Paul R. Portney is 200 pages long, and a total of 50,000 words.

This makes it 67% the length of the average book. It also has 61% more words than the average book.

How Long Does it Take to Read Discounting and Intergenerational Equity Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 33 minutes to read Discounting and Intergenerational Equity aloud.

What Reading Level is Discounting and Intergenerational Equity?

Discounting and Intergenerational Equity is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Discounting and Intergenerational Equity?

Discounting and Intergenerational Equity by Paul R. Portney is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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