Construct · 1 fields · 1 citations

Weitzman-Gollier puzzle: a standalone construct

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Environmental and resource economics

the apparent conflict over whether uncertainty about future discount rates should make long-run discount rates decline or rise, and its resolution.

In environmental and resource economics, Weitzman-Gollier puzzle refers to the apparent conflict over whether uncertainty about future discount rates should make long-run discount rates decline or rise, and its resolution. This meaning comes from Gollier (2010) in Economics Letters.[1]

Unit
Recovery means
Measured by

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Nearby constructs

conflict4 fields · 5 citationsjingle · one word, four constructs discount3 fields · 4 citationsjingle · one word, three constructs future3 fields · 6 citationsjingle · one word, three constructs

References

Gollier, C., & Weitzman, M. L. (2010). How should the distant future be discounted when discount rates are uncertain? Economics Letters, 107(3), 350-353. https://doi.org/10.1016/j.econlet.2010.03.001

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