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The Social Discount Rate

May 24 - 25 2012, Seminar, Bergen

Day 1
Day 2
The Program
Participants
Practical Information
Contact Us

Programme

Day 1 - Thursday - May 24, 2012 – Finn Kydland Auditorium

0945

Arrival at the seminar venue, NHH (Finn Kydland Auditorium)
(Recommended flight from Oslo DY604 departure  08.00, bus to NHH)

945

Coffee

0955-1000

Opening remarks
Kåre P. Hagen, Norwegian School of Economics (NHH).

1000-1130

The economics of long term discounting
Christian Gollier, University of Toulouse and LERNA
(Including 20 min. for discussion and questions)

1130

Lunch

12.30-
13.30

Long term discounting in a hidden-state stochastic growth process
Martin Weitzman, Harvard University

13.30

Coffee

1345-1445

Social discounting under uncertainty: A cross country comparison
 
Cameron Hepburn, London School of Economics
(Including 15 min. for discussion and questions)

1445-1545

Long term discount rates and risk premiums under uncertainty
Knut K. Aase, Norwegian School of Economics (NHH)
(Including 15 min. for discussion and questions)

1545

Coffee break and snacks

1600
1645

Investment Policy for Time-Inconsistent Discounters
Bård Harstad, University of Oslo

1645-1700

The background for the current Norwegian guidelines for discount rates for public projects
Geir Aavitsland, Ministry of Finance, Norway

1700-1730

The long term discount rate:
Some comments  from a practical point of view
Thore Johnsen, Norwegian School of Economics (NHH)

1745

Joint departure to the hotel "Havnekontoret" by bus.
(Information on where to find the bus will be given at the seminar)

1850-
2300

Departure from “Skur 8 Bryggen” by boat  (be on time)
Cornelius Restaurant.


 




Day 2 - Friday - May 25, 2011 – Terje Hansen Auditorium

0750

Joint departure from Hotel Havnekontoret by bus.
(Meet outside Hotel entrance after having checked out. Luggage can be brought to the seminar venue)

0815-
0830

Coffee
Arrival at the seminar venue, NHH

08.30-09.30

Discounting and intergenerational equity
Geir Asheim, University of Oslo
(Including 15 min. for discussion and questions)

09.30-10.30

Gamma discounting
Ben Groom, University of London
(Including 15 min. for discussion and questions)

10.30

Coffee and snacks

1045-
1145

The value of a statistical life
James Hammitt, Harvard School of Public Health

Valuation of mortality risk in OECD-countries
Nils Axel Braathen, OECD)
(Including 15 min. for discussion and questions)

1145

Lunch

1300-
14.45

Roundtable session on social discounting
Chairman Agnar Sandmo, Norwegian School of Economics (NHH)

1445-1500

Summary
Kåre P. Hagen, Norwegian School of Economics (NHH)

15.30

Joint departure from NHH to Flesland Airport, Bergen by bus.
(Recommended flight from Bergen to Oslo DY 625 departure 17.00)

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