Download all the material that has been produced during the Symposium for the High Level commission on Carbon prices (17 May 2017).
A few days before (on May 17), the Chair Energy & Prosperity dedicated it’s annual Symposium to put into light the academic works related to this topic.
You’ll find hereafter all the material that has been produced during this event : the speakers’ presentations.
Download the Symposium’s programme (in English)
Scientific committee – Gaël Giraud, Cameron Hepburn, Linus Mattauch, Nicholas Stern
The symposium was organised by the Chair Energy & Prosperity chair in cooperation with Agence Française de Développement (AFD), Institute for New Economic Thinking at the Oxford Martin School, Institut Louis Bachelier and the World Bank. It was hosted by École Normale Supérieure.
Under non-exponential discounting, we develop a dynamic theory for stopping problems in continuous time. Our framework covers discount functions that induce decreasing impatience. Due to the inherent time inconsistency, we look for equilibrium stopping policies, formulated as fixed points of an operator. Under appropriate conditions, fixed-point iterations converge to equilibrium stopping policies.
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