CORDIS Project
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This project explores the foundations of intergenerational discounting, a method used in public policy to weigh present costs and benefits against those of future generations. It aims to clarify the conceptual and ethical justifications for this approach, addressing its implications for climate change and long-term dec…
Decisions about climate change, pension systems and other long-term issues affect not only the present but also future generations.
Among the difficult questions raised by such intergenerational decisions, the following stands out as particularly controversial: how can the method of time discounting be applied to intergenerational decisions?
In an intergenerational context, time discounting is the method of weighting costs and benefits to future generations less than those to the present one.
Th…
ERASMUS UNIVERSITEIT ROTTERDAM
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