We run an experiment in five countries with 7,132 respondents to study how information about the behaviour of others affects contributions to climate change mitigation. Acting on behalf of their own countries, respondents receive information about the average contribution of four other...

The estimated values to society from long-term public projects, including climate change mitigation and infrastructure construction, are highly sensitive to the social discount rate (SDR) employed. Governmental guidance on social discounting has predominantly been based on input from expert...

A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...