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Distorted Time Preferences and Structural Change in the Energy Industry 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2025

Distorted Time Preferences and Structural Change in the Energy Industry
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Heinzel, Christoph 作者
译者
出版日期
166 页数
$ 134.47 价格
丛书系列
9783790821826 图书编码

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发表于2025-01-10

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Distorted Time Preferences and Structural Change in the Energy Industry 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2025

Distorted Time Preferences and Structural Change in the Energy Industry 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2025

Distorted Time Preferences and Structural Change in the Energy Industry 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2025


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Distorted Time Preferences and Structural Change in the Energy Industry 在线电子书 图书描述

This study contributes to the economic discounting debate by examining the welfare and policy implications of distorted time preferences for private investments. The analysis is applied to the energy industry, where it is of particular importance. In the transition to low-carbon energy generation, distorted time preferences are shown to induce a further distortion, in addition to that from the emission externality. Its extent varies directly with the time lag in capital accumulation. In order to implement the socially optimal path, environmental policy needs to be complemented by technology policy. The theoretical findings are applied to the upcoming structural change in the German electricity industry in the 2010s.

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