Martin Weitzman

Harvard University - Department of Economics

Professor

Littauer Center

Cambridge, MA 02138

United States

  • Harvard University - Department of Economics

    • Email
    • Tel: 617-495-5133
SCHOLARLY PAPERS

24

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362

CROSSREF CITATIONS

747

Scholarly Papers (24)

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1.

How Should Benefits and Costs Be Discounted in an Intergenerational Context? The Views of an Expert Panel

Resources for the Future Discussion Paper No. 12-53
Number of pages: 34 Posted: 12 Jan 2013
Kenneth J. Arrow, Maureen Cropper, Christian Gollier, Ben Groom, Geoffrey M. Heal, Richard G. Newell, William D. Nordhaus, Robert S. Pindyck, William A. Pizer, Paul Portney, Thomas Sterner, Richard S. J. Tol and Martin Weitzman
Stanford University - Department of Economics, University of Maryland - Department of Economics, University of Toulouse 1 - Industrial Economic Institute (IDEI), University of Oxford - Department of Economics, Columbia University - Columbia Business School, Finance, Duke University - Nicholas School of Environment, Yale University - Department of Economics, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Duke University, University of Arizona - Eller College of Management, Göteborg University - Department of Economics, The Economic and Social Research Institute, Dublin and Harvard University - Department of Economics
Downloads 1,264 (28,430)
Citation 39

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discount rate, uncertainty, declining discount rate, benefit-cost analysis

2.

Role of Uncertainty in the Economics of Catastrophic Climate Change

AEI-Brookings Joint Center Working Paper No. 07-11
Number of pages: 26 Posted: 11 Jun 2007
Martin Weitzman
Harvard University - Department of Economics
Downloads 815 (52,779)
Citation 12

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climate change, catastrophes

3.

How Should the Distant Future Be Discounted When Discount Rates are Uncertain?

CESifo Working Paper Series No. 2863
Number of pages: 16 Posted: 08 Dec 2009
Christian Gollier and Martin Weitzman
University of Toulouse 1 - Industrial Economic Institute (IDEI) and Harvard University - Department of Economics
Downloads 200 (259,783)
Citation 21

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discount rate, term structure, climate change, cost-benefit analysis

4.

Additive Damages, Fat-Tailed Climate Dynamics, and Uncertain Discounting

Downloads 151 (333,138)
Citation 13

Additive Damages, Fat-Tailed Climate Dynamics, and Uncertain Discounting

Economics: The Open-Access, Open-Assessment E-Journal, Vol. 3, 2009-39
Number of pages: 23 Posted: 18 Dec 2010
Martin Weitzman
Harvard University - Department of Economics
Downloads 105 (441,538)

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Climate change, fat tails

Additive Damages, Fat-Tailed Climate Dynamics, and Uncertain Discounting

Economics Discussion Paper No. 2009-26
Number of pages: 25 Posted: 18 Dec 2010
Martin Weitzman
Harvard University - Department of Economics
Downloads 46 (697,851)
Citation 16

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Climate change, fat tails

5.

Internationally-Tradable Permits Can Be Riskier for a Country than an Internally-Imposed Carbon Price

Number of pages: 11 Posted: 30 Aug 2015
Martin Weitzman
Harvard University - Department of Economics
Downloads 99 (453,996)

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Climate change, International public goods, International environmental agreements, Prices versus quantities

6.

Structural Uncertainty and the Value of Statistical Life in the Economics of Catastrophic Climate Change

NBER Working Paper No. w13490
Number of pages: 36 Posted: 16 Oct 2007 Last Revised: 12 Nov 2022
Martin Weitzman
Harvard University - Department of Economics
Downloads 68 (568,045)
Citation 1

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7.

On the Effects of Linking Voluntary Cap-and-Trade Systems for CO2 Emissions

Downloads 60 (605,236)
Citation 3

On the Effects of Linking Voluntary Cap-and-Trade Systems for CO2 Emissions

CESifo Working Paper No. 7225
Number of pages: 16 Posted: 31 Oct 2018
Martin Weitzman and Bjart Holtsmark
Harvard University - Department of Economics and Statistics Norway
Downloads 46 (697,851)
Citation 1

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linkage, cap and trade, pollution, climate change

On the Effects of Linking Voluntary Cap-and-Trade Systems for Co2 Emissions

NBER Working Paper No. w25001
Number of pages: 16 Posted: 17 Sep 2018 Last Revised: 24 Apr 2023
Martin Weitzman and Bjart Holtsmark
Harvard University - Department of Economics and Statistics Norway
Downloads 14 (973,755)
Citation 2

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8.

Bonuses and Employment in Japan

NBER Working Paper No. w1878
Number of pages: 39 Posted: 06 Apr 2004 Last Revised: 21 Aug 2022
Richard B. Freeman and Martin Weitzman
National Bureau of Economic Research (NBER) and Harvard University - Department of Economics
Downloads 59 (610,348)
Citation 1

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9.

Voting on Prices vs. Voting on Quantities in a World Climate Assembly

Downloads 58 (615,549)
Citation 69

Voting on Prices vs. Voting on Quantities in a World Climate Assembly

Number of pages: 25 Posted: 28 Jan 2015
Martin Weitzman
Harvard University - Department of Economics
Downloads 37 (761,885)

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Climate change, Global warming, International public goods, Prices versus quantities

Voting on Prices vs. Voting on Quantities in a World Climate Assembly

NBER Working Paper No. w20925
Number of pages: 27 Posted: 09 Feb 2015 Last Revised: 06 Mar 2022
Martin Weitzman
Harvard University - Department of Economics
Downloads 21 (901,103)
Citation 12

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10.

On a World Climate Assembly and the Social Cost of Carbon

Downloads 54 (636,472)
Citation 8

On a World Climate Assembly and the Social Cost of Carbon

Number of pages: 37 Posted: 29 Jan 2018
Martin Weitzman
Harvard University - Department of Economics
Downloads 28 (835,572)
Citation 1

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Climate change, Global warming, International Public Good, Prices versus quantities, Social cost of carbon, World climate assembly, Climate Club, Paris Agreement

On a World Climate Assembly and the Social Cost of Carbon

NBER Working Paper No. w22813
Number of pages: 34 Posted: 14 Nov 2016 Last Revised: 03 May 2023
Martin Weitzman
Harvard University - Department of Economics
Downloads 26 (853,451)
Citation 3

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11.

GHG Targets as Insurance Against Catastrophic Climate Damages

NBER Working Paper No. w16136
Number of pages: 28 Posted: 29 Jun 2010 Last Revised: 03 Feb 2023
Martin Weitzman
Harvard University - Department of Economics
Downloads 54 (642,006)
Citation 14

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12.

Rare Disasters, Tail-Hedged Investments, and Risk-Adjusted Discount Rates

NBER Working Paper No. w18496
Number of pages: 32 Posted: 27 Oct 2012 Last Revised: 15 Jan 2023
Martin Weitzman
Harvard University - Department of Economics
Downloads 48 (670,238)
Citation 6

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13.

Prices or Quantities Dominate Banking and Borrowing

Downloads 46 (682,345)
Citation 326

Prices or Quantities Dominate Banking and Borrowing

Number of pages: 26 Posted: 19 Jan 2018
Martin Weitzman
Harvard University - Department of Economics
Downloads 30 (818,254)
Citation 8

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prices, quantities, prices versus quantities, banking and borrowing, regulatory instruments, pollution, climate change

Prices or Quantities Dominate Banking and Borrowing

NBER Working Paper No. w24218
Number of pages: 27 Posted: 22 Jan 2018 Last Revised: 05 Mar 2023
Martin Weitzman
Harvard University - Department of Economics
Downloads 16 (952,342)
Citation 92

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14.

A Contribution to the Theory of Welfare Comparisons

Downloads 45 (688,617)
Citation 4

A Contribution to the Theory of Welfare Comparisons

NBER Working Paper No. w6988
Number of pages: 23 Posted: 13 Apr 1999 Last Revised: 07 Aug 2022
Martin Weitzman
Harvard University - Department of Economics
Downloads 45 (704,538)

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A Contribution to the Theory of Welfare Comparisons

Posted: 26 Jul 2000
Martin Weitzman
Harvard University - Department of Economics

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15.

Risk-Adjusted Gamma Discounting

NBER Working Paper No. w15588
Number of pages: 25 Posted: 22 Dec 2009 Last Revised: 04 Feb 2023
Martin Weitzman
Harvard University - Department of Economics
Downloads 44 (694,899)
Citation 22

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16.

The Ramsey Discounting Formula for a Hidden-State Stochastic Growth Process

NBER Working Paper No. w18157
Number of pages: 19 Posted: 16 Jun 2012 Last Revised: 11 Feb 2023
Martin Weitzman
Harvard University - Department of Economics
Downloads 40 (721,307)
Citation 1

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17.

A Precautionary Tale of Uncertain Tail Fattening

NBER Working Paper No. w18144
Number of pages: 21 Posted: 16 Jun 2012 Last Revised: 29 Jan 2023
Martin Weitzman
Harvard University - Department of Economics
Downloads 37 (749,374)

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18.

A Voting Architecture for the Governance of Free-Driver Externalities, with Application to Geoengineering

NBER Working Paper No. w18622
Number of pages: 19 Posted: 15 Dec 2012 Last Revised: 21 May 2023
Martin Weitzman
Harvard University - Department of Economics
Downloads 35 (756,645)
Citation 6

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19.

Some Theoretical Connections Among Wealth, Income, Sustainability, and Accounting

NBER Working Paper No. w22060
Number of pages: 22 Posted: 07 Mar 2016 Last Revised: 12 Apr 2023
Martin Weitzman
Harvard University - Department of Economics
Downloads 33 (771,683)

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20.

A Proposal for Using Incentive Pre-Commitments in Public Enterprise Funding

World Development, Vol. 19, No. 6, June 1991, Yale University Economic Growth Center Discussion Paper No. 558
Number of pages: 20 Posted: 27 Jun 2012
Raaj Kumar Sah and Martin Weitzman
University of Chicago and Harvard University - Department of Economics
Downloads 31 (787,198)

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21.

How a Minimum Carbon Price Commitment Might Help to Internalize the Global Warming Externality

NBER Working Paper No. w22197
Number of pages: 23 Posted: 02 May 2016 Last Revised: 25 Feb 2023
Martin Weitzman
Harvard University - Department of Economics
Downloads 26 (828,083)

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22.

Icelandic Fisheries Management: Fees Versus Quotas

Number of pages: 36 Posted: 28 May 2003
Thorvaldur Gylfason and Martin Weitzman
University of Iceland - Faculty of Economics and Business Administration and Harvard University - Department of Economics
Downloads 25 (836,611)
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Fisheries management

23.

Can Negotiating a Uniform Carbon Price Help to Internalize the Global Warming Externality?

NBER Working Paper No. w19644
Number of pages: 21 Posted: 16 Nov 2013 Last Revised: 06 Mar 2022
Martin Weitzman
Harvard University - Department of Economics
Downloads 21 (872,815)
Citation 23

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24.

What is the 'Damages Function' for Global Warming - and What Difference Might it Make?

Climate Change Economics, Vol. 1, No. 1, pp. 56-79, May 2010
Posted: 01 Jun 2010
Martin Weitzman
Harvard University - Department of Economics

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Damages Function, Climate Change