Suppose that one believed that each generation should have the same level of well-being as every other

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Suppose that one believed that each generation should have the same level of well-being as every other one. Demonstrate that we could not ensure the attainment of this merely by the choice of a particular discount rate, zero or otherwise.

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Natural Resource And Environmental Economics

ISBN: 9780321417534

4th Edition

Authors: Roger Perman, Yue Ma, Michael Common, David Maddison, James McGilvray

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