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The Social Discount Rate

May 24 - 25 2012, Seminar, Bergen

Day 1
Day 2
The Program
Practical Information
Contact Us
The Social Discount Rate - Day 2
The Government appointed expert committee to review the framework for cost benefit analysis in Norway welcomes you to seminar
20.05 List of Participants, Sec, (word format)
20.05 Practical Information, Sec, (word format)
21.05 Folder, Sec (password required),
Folder will be distributed at seminar and contains practical information and suggested readings.
DAY 2  
Friday 25.05 - Time 08.15 - Terje Hansen Auditorium - Norwegian School of Economics (NHH)
Geir Asheim
08.30 - 09.30 Discounting and intergenerational equity, by Geir Asheim
Recommended readings (as listed by the speaker):
2012 Discounting while treating generations equally. In Climate Change and Common Sense: Essays in Honour of (..) Not available.
Ben Groom
09.30 - 10.30 Gamma discounting, by Ben Groom
Recommended readings (as listed by the speaker):

1981 A re-examination of traditional hypotheses about the term structure of interest rates, Cox, Ingersoll and Ross

2007 Discounting the distant future: How much does model selection affect (...) Groom, Koundouri, Panipoulou and Pantelides

2010 Yes, We Should Discount the Far-Distant Future at Its Lowest Possible Rate: A Resolution of the [W-G-Puzzle], Freeman

2012 Positively Gamma Discounting! Mimeo. Freeman and Groom Now available!

2012 Declining Discount Rates and the role of inflation. (work in progress). Freeman, Groom, Panipoulou, Pantelides Not available

2007 Gamma discounting and expected net future value, Hepburn and Groom

2009 Social discounting under uncertainty: a cross country comparison, Hepburn, Koundouri, Panopoulou and Pantelidis

2003 Discounting the benefits of climate change mitigation: How much uncertain rates increase valuations? Newell and Pizer

2007 The Economics of Climate Change: The Stern Review, (click here for external link to complete report), Stern

1998 Why the far-distant future should be discounted at its lowest possible rate? Weitzman

2001 Gamma discounting, Weitzman

1981 Combining probability distributions from dependent information sources, Winkler


James Hammitt
10.45 - 11.45 The value of a statistical life, by James Hammitt
25.05 Presentation VSL, by James Hammitt
20.05 Summary, biography and suggested readings, James Hammitt (word format)
Recommended readings (as listed by the speaker):
Nils Axel Braathen
10.45 - 11. 45 Valuation of mortality risk in OECD-countries, by Nils Axel Braathen
Peder Berg
11.45 - 12.00 Project governance in Norway
Roundtable and summary - Agnar Sandmo and Kaare P. Hagen 
13.00 - 14.45 Roundtable session on social discounting, by Agnar Sandmo
14.45 - 15.00 Summary, by Kaare P. Hagen
15.30            Joint departure from NHH to Flesland Airport by bus. Recommended flight to Oslo DY 625 departure 17.00
On behalf of The Government appointed expert committee to review the framework for cost benefit analysis in Norway we are pleased that you were able to attend this seminar. If you have some comments for improvement or other proposals, do not hesitate to call us up or send us an e-mail.

Frode Karlsen
Phone: +(47 ) 414 02 521