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  • "The main approaches for computing very long-term discount rates – revealed and stated preferences – have limitations. We overcome previous shortcomings using derived preferences, i.e. we retrieve information on very long-term time preferences from happiness data and people's expectations about the living conditions of future generations. We account for possible endogeneity between expectations about the future and current well-being using 2SLS. We find that negative (positive) expectations about future generations have a very large negative (positive) impact on subjective well-being. This finding suggests that the very long-term discount rate is lower than implied by most traditional economic analyses." (xsd:string)
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  • First published online: July 27, 2017, https://doi.org/10.1016/j.ecolecon.2017.06.029. (Eurobarometer) (ALLBUS) (xsd:string)
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  • Aufgenommen: 32. Fassung, März 2018 (xsd:gyear)
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  • 2018 (xsd:gyear)
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  • 2018 (xsd:gyear)
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  • 10.1016/j.ecolecon.2017.06.029 ()
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  • Do People Care About Future Generations? Derived Preferences from Happiness Data (xsd:string)
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  • Bibsonomy (xsd:string)
  • In Ecological Economics , 143, 253-275, 2018 (xsd:string)
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  • EB - Standard and Special Eurobarometer (xsd:string)
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  • 29.09.2017 (xsd:gyear)
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  • 143 (xsd:string)