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Distorted Time Preferences and Structural Change in the E...

Heinzel, Christoph
Distorted Time Preferences and Structural Change in the Energy Industry
This study contributes to the economic discounting debate by examining the welfare and policy implications of distorted time preferences for private investments. The analysis is applied to the energy industry, where it is of particular importance. In the transition to low-carbon energy generation, distorted time preferences are shown to induce a further distortion, in addition to that from the emission externality. Its extent varies directly w...

CHF 134.00

Distorted Time Preferences and Structural Change in the E...

Heinzel, Christoph
Distorted Time Preferences and Structural Change in the Energy Industry
This study contributes to the economic discounting debate by examining the welfare and policy implications of distorted time preferences for private investments. The analysis is applied to the energy industry, where it is of particular importance. In the transition to low-carbon energy generation, distorted time preferences are shown to induce a further distortion, in addition to that from the emission externality. Its extent varies directly w...

CHF 134.00