Distorted Time Preferences and Structural Change in the Energy Industry A Theoretical and Applied Environmental-Economic Analysis

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, d...

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Main Author: Heinzel, Christoph
Corporate Author: SpringerLink (Online service)
Format: eBook
Published: Heidelberg Physica-Verlag HD 2009, 2009
Edition:1st ed. 2009
Series:Sustainability and Innovation
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Foundations of the Theoretical Analysis
  • A Theoretical Model of Structural Change in the Energy Industry
  • Summary of Results, Discussion of Assumptions, and Policy Implications
  • Foundations of the Applied Analysis
  • Technology Choice Under Environmental and Technology Policies
  • Optimal Moments of Transition Under Environmental and Technology Policies
  • Conclusions