New research on topics related to the environment and natural resources

New research on topics related to the environment and natural resources

The Stockholm Environmental and Resource Economics (SERE) Seminars provides a forum for leading early career economists from the world over to present exciting new research. This monthly series covering a broad range of topics touching upon the Environment and Natural resources, targets economists and other scientists interested in public policy aspects from the Greater Stockholm Area. It is also intended to serve as a forum to bring together and to spark interesting discussions among economists interested in these issues from a broad range of institutions, including Academia, Research Centres, the Government, the private sector, and NGOs.
The seminars are arranged by the Beijer Institute of Ecological Economics,  the Global Economic Dynamics and the Biosphere Programme, and the Stockholm School of Economics.

Next seminar:

Heterogeneous altruism and long-run discounting

Speaker: Antony Millner, London School of Economics 

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Abstract: The long-run pure rate of social time preference (or utility discount rate) is an enormously important component of cost-benefit analysis of long-lived public policies such as climate change, nuclear waste management, and public infrastructure investments.  For almost a century, economists and philosophers have had disagreements about the appropriate value of this parameter, leading to substantial disagreements on the benefits of long-run policies.  l present a model of intergenerational discounting in which everyone has an unconstrained opinion about how society should discount future generations' wellbeing, but their preferences are non-paternalistic.  I show that non-paternalism causes all agents to agree on the long-run pure rate of time preference, thus ending debate on this crucial parameter, and helping economists achieve consensus on how to value long-run policies.

Date: 12 May, 2016

Time: 14.00-15.00

Venue: Royal Swedish Academy of Sciences, Linné Hall, Lilla Frescativägen 4A, Stockholm

After the seminar there will be coffee and mingle


Chandra Kiran, the Beijer Institute, Seminar series organiser

Agneta Sundin, the Beijer Institute, Communication officer