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.

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'This book should prove valuable for the individual interested in the technical aspects of discounting for energy project selection as well as for the reader wanting only a general overview of the topic. It has a wide application for not only the researcher, but also for use in the college classroom and the policy making arena...very comprehensive coverage of the issues involved in the selection of a discount rate for investment decisions.' Water Resources Bulletin

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Discounting for Time and Risk in Energy Policy

Lind, Robert C. (Author)/ Arrow, Kenneth J. (Author)/ Corey, Gordon R. (Author)/ Dasgupta, Partha (Author)/ Sen, Amartya K. (Author)/ Stauffer, Thomas (Author)/ Stiglitz, Joseph E. (Author)/ Stockfisch, J.A. (Author)

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