How are different consumption activities structured within the Czech society, and what effects do they have on the environment? This new volume by Milan Scasny, Jan Urban and Iva Zverinova proposes examples of policy measures and tools aimed at reducing the adverse environmental effects of...

We provide the first estimate of the elasticity of marginal utility of consumption, η, for a post-transition economy in the Central & Eastern European region, the Czech Republic, based on individual-level data. The parameter η is a crucial component of the social discount rate (SDR), which...