Evaluating the Rationale for a Negative Discount Rate
In standard economic analysis, future costs and benefits are typically valued less than present ones. However, for long-term environmental issues, an alternative approach suggests that benefits and costs affecting future generations should be valued more highly than those experienced today, effectively applying a 'negative discount rate'. Critically evaluate the primary justifications for this alternative approach. In your response, assess the strengths and weaknesses of the economic and ethical arguments that support valuing future environmental outcomes more than present ones.
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CORE Econ
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Economy
Introduction to Microeconomics Course
The Economy 2.0 Microeconomics @ CORE Econ
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Evaluating the Rationale for a Negative Discount Rate
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