This is a collection of theoretical papers, including contributions by Partha Dasgupta and three Nobel prize-winning economists: Kenneth Arrow, Amartya Sen, and Joseph Stiglitz. Originally published in 1982.
| Foreword |
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ix | |
| Acknowledgments |
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xv | |
| 1 Introduction |
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1 | (20) |
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| 2 A Primer on the Major Issues Relating to the Discount Rate for Evaluating National Energy Options |
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21 | (74) |
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| 3 A Reader's Guide to the Papers in this Volume |
|
95 | (20) |
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| 4 The Rate of Discount on Public Investments with Imperfect Capital Markets |
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115 | (36) |
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Comment by Martin S. Feldstein |
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137 | (2) |
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139 | (12) |
| 5 The Rate of Discount for BenefitCost Analysis and the Theory of the Second Best |
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151 | (54) |
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| 6 Risk Measurement of Public Projects |
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205 | (52) |
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Comment by Hayne E. Leland |
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250 | (7) |
| 7 Measuring the Social Rate of Return on Private Investment |
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257 | (16) |
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| 8 Resource Depletion, Research and Development, and the Social Rate of Return |
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273 | (52) |
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Comment by James L. Sweeney |
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306 | (9) |
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Comment by Robert Dorfman |
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315 | (4) |
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Comment by Mark Shareflcin |
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319 | (3) |
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Comment by Tjalling C. Koopmans |
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322 | (3) |
| 9 Approaches to the Choice of Discount Rates for Social BenefitCost Analysis |
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325 | (52) |
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Comment by Robert Dorfman |
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354 | (5) |
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Comment by Mark Sharejkin |
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359 | (8) |
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367 | (10) |
| 10 Plant Investment Decision Making in the Electric Power Industry |
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377 | (36) |
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404 | (9) |
| 11 The Social Efficiency of Electric Utility Decision Criteria |
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413 | (30) |
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| 12 The Rate of Discount and the Application of Social BenefitCost Analysis in the Context of Energy Policy Decisions |
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443 | (16) |
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| Index |
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459 | |
Robert C. Lind, Kenneth J. Arrow, Gordon R. Corey, Partha Dasgupta, Amartya K. Sen, Thomas Staufer, Joseph E. Stigiltz, J.A. Stockfisch
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