Discounting the long distant future: Simple explanation for the Weitzman-Gollier-puzzle, 2008. ,

, Asset Pricing, 2001.

Time horizon and the discount rate, Journal of Economic Theory, vol.107, pp.463-473, 2002. ,

Maximizing the expected net future value as an alternative strategy to gamma discounting, Finance Research Letters, vol.1, pp.85-89, 2004. ,

The consumption-based determinants of the term structure of discount rates, Mathematics and Financial Economics, vol.1, issue.2, pp.81-102, 2007. ,

URL : https://hal.archives-ouvertes.fr/hal-02653265

Expected net present value, expected net future value, and the Ramsey rule, mimeo, 2008. ,

Declining discount rates: Economic justi?cations and implications for long-run policy, Economic Policy, issue.56, pp.757-795, 2008. ,

Discounting the Distant Future: How much does model selection a¤ect the certainty equivalent rate, Journal of Applied Econometrics, vol.22, pp.641-656, 2007. ,

Gamma discounting and expected net future value, Journal of Environmental Economics and Management, issue.53, pp.99-109, 2007. ,

Social discounting under uncertainty: A cross-country comparison, Journal of Environmental Economics and Management, 2008. ,

Discounting the bene?ts of climate change mitigation: How much uncertain rates increase valuations?, Journal of Environmental Economics and Management, vol.46, issue.1, pp.52-71, 2003. ,

A model of investment under interest rate uncertainty, International Economic Review, vol.15, pp.798-802, 1974. ,

On expected present value vs. expected future value, Journal of Finance, issue.30, pp.875-877, 1975. ,

A mathematical theory of savings, The Economic Journal, vol.38, pp.543-59, 1928. ,

Why the far-distant future should be discounted at its lowest possible rate?, Journal of Environmental Economics and Management, vol.36, pp.201-208, 1998. ,

, Gamma discounting, vol.91, pp.260-271, 2001.

Subjective expectations and asset-return puzzle, American Economic Review, vol.97, pp.1102-1130, 2007. ,