Discounting and Safety.

C-Tier
Journal: Oxford Economic Papers
Year: 1995
Volume: 47
Issue: 3
Pages: 501-12

Authors (2)

Jones-Lee, Michael W (not in RePEc) Loomes, Graham

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Anticipated effects on the health and safety of future generations are of central importance in a number of policy contexts. It is, therefore, somewhat disturbing that there now exists a variety of practices and prescriptions concerning the extent to which future safety benefits or disbenefits should be discounted in public-sector allocative and regulatory decision-making. The purpose of this paper is to address this question from the perspective of a fairly comprehensive class of individualistic intertemporal social welfare functions, thereby providing a general framework within which the different prescriptions can be assessed. Copyright 1995 by Royal Economic Society.

Technical Details

RePEc Handle
repec:oup:oxecpp:v:47:y:1995:i:3:p:501-12
Journal Field
General
Author Count
2
Added to Database
2026-01-25