t.
Barkley Rosser
-Original Message-
From: Eugene Coyle [EMAIL PROTECTED]
To: [EMAIL PROTECTED] [EMAIL PROTECTED]
Date: Thursday, March 01, 2001 7:31 PM
Subject: [PEN-L:8583] Re: Re: Re: Re: Re: Re: [Fwd: Re: query: Frank Ramsey]
Thanks, Barkley. Now I have to think about this.
Barkley writes:
The new wave coming out of these discussions
has been hyperbolic discounting where a high discount
rate is used to discount the near term future, but a lower
and lower rate approaching zero is used to discount the
far distant future.
In practice, of course, long-term
: Re: query: Frank
Ramsey]
Barkley writes:
The new wave coming out of these discussions
has been hyperbolic discounting where a high discount
rate is used to discount the near term future, but a lower
and lower rate approaching zero is used to discount the
far distant future.
In practice
Eugene,
I can see that it is worded in an unclear manner.
In this I am partly going with the literature that all
interprets it to mean that he considers (positive)
discounting to be "ethically indefensible." I have
seen Ramsey's name used in connection with this
argument on quite a few
is equivalent to a used car." [p. 13]
In: Heal, "Valuing the Future"
-Original Message-
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of J. Barkley Rosser,
Jr.
Sent: Thursday, March 01, 2001 2:15 PM
To: [EMAIL PROTECTED]
Subject: [PEN-L:8578] Re: Re: Re:
Thanks, Barkley. Now I have to think about this. It is kind of an attack on
consumption and support for environmental protection, no?
Gene
"J. Barkley Rosser, Jr." wrote:
Eugene,
I can see that it is worded in an unclear manner.
In this I am partly going with the literature that all