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Details about Martin L. Weitzman
Access statistics for papers by Martin L. Weitzman.
Last updated 2013-05-31. Update your information in the RePEc Author Service .
Short-id: pwe175
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Journal Articles Chapters
Working Papers
2013
How Should Benefits and Costs Be Discounted in an Intergenerational Context?
Working Paper Series, Department of Economics, University of Sussex
2012
A Precautionary Tale of Uncertain Tail Fattening
NBER Working Papers, National Bureau of Economic Research, Inc
A Voting Architecture for the Governance of Free-Driver Externalities, with Application to Geoengineering
NBER Working Papers, National Bureau of Economic Research, Inc
How Should Benefits and Costs Be Discounted in an Intergenerational Context? The Views of an Expert Panel
Discussion Papers, Resources For the Future
Rare Disasters, Tail-Hedged Investments, and Risk-Adjusted Discount Rates
NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
The Ramsey Discounting Formula for a Hidden-State Stochastic Growth Process
NBER Working Papers, National Bureau of Economic Research, Inc
See also Journal Article in Environmental & Resource Economics (2012)
2010
GHG Targets as Insurance Against Catastrophic Climate Damages
NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
See also Journal Article in Journal of Public Economic Theory (2012)
2009
Additive Damages, Fat-Tailed Climate Dynamics, and Uncertain Discounting
Economics Discussion Papers, Kiel Institute for the World Economy View citations (15)
See also Chapter (2011) Journal Article in Economics - The Open-Access, Open-Assessment E-Journal (2009)
How Should the Distant Future be Discounted When Discount Rates are Uncertain?
TSE Working Papers, Toulouse School of Economics (TSE) View citations (1)
Also in CESifo Working Paper Series, CESifo Group Munich (2009) View citations (1)IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2009) View citations (1)
See also Journal Article in Economics Letters (2010)
On Modeling and Interpreting the Economics of Catastrophic Climate Change
Scholarly Articles, Harvard University Department of Economics View citations (82)
See also Journal Article in The Review of Economics and Statistics (2009)
Risk-Adjusted Gamma Discounting
NBER Working Papers, National Bureau of Economic Research, Inc
See also Journal Article in Journal of Environmental Economics and Management (2010)
2007
Structural Uncertainty and the Value of Statistical Life in the Economics of Catastrophic Climate Change
Working paper, Regulation2point0 View citations (3)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (2007) View citations (3)
2003
Icelandic Fisheries Management: Fees versus Quotas
CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
2001
Does NNP growth indicate welfare improvement?
Memorandum, Oslo University, Department of Economics View citations (50)
See also Journal Article in Economics Letters (2001)
2000
Economic Profitability Versus Ecological Entropy
Scholarly Articles, Harvard University Department of Economics View citations (13)
See also Journal Article in The Quarterly Journal of Economics (2000)
1999
A Contribution to the Theory of Welfare Comparisons
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (2)
Also in NBER Working Papers, National Bureau of Economic Research, Inc (1999) View citations (2)
An "Economics Proof" of a Separating Hyperplane Theorem
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
Economic Profitability vs. Ecological Entropy
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
Making Dynamic Welfare Comparisons
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
Pricing the Limits to Growth from Minerals Depletion
Scholarly Articles, Harvard University Department of Economics View citations (2)
See also Journal Article in The Quarterly Journal of Economics (1999)
1998
Conflicts and Choices in Biodiversity Preservation
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (36)
See also Journal Article in Journal of Economic Perspectives (1998)
Gamma Discounting
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (1)
See also Journal Article in American Economic Review (2001)
Recombinant Growth
Scholarly Articles, Harvard University Department of Economics View citations (105)
Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1995)
See also Journal Article in The Quarterly Journal of Economics (1998)
The Linearized Hamiltonian as Comprehensive NDP
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (1)
See also Journal Article in Environment and Development Economics (2000)
1997
On the Welfare Basis of Green Accounting
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
1996
On the Welfare Significance of Green Accounting as Taught by Parable
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
See also Journal Article in Journal of Environmental Economics and Management (1997)
On the Welfare Significance of National Product Under Interest-Rate Uncertainty
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
See also Journal Article in European Economic Review (1998)
1995
The Welfare Significance of a National Product Revisited
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
1994
Patterns of behavior in biodiversity preservation
Policy Research Working Paper Series, The World Bank View citations (3)
1993
Chinese Township Village Enterprises as Vaguely Defined Cooperations
CEP Discussion Papers, Centre for Economic Performance, LSE
See also Journal Article in Journal of Comparative Economics (1994)
On the 'Environmental' Discount Rate
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
See also Journal Article in Journal of Environmental Economics and Management (1994)
Retaliatory Mechanisms for Eliminating Trade Barriers: Aggressive Unilateralism VS. Gatt Cooperation
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
1992
Diversity Functions
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (40)
Vaguely Defined Cooperatives and Cooperative Culture: A Reconciliation of Paradoxical Phenomenon in Transitional Economics
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
1991
A Reduced Form Approach to Maximum Likelihood Estimation of Evolutionary Trees
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (1)
An Application of Diversity Theory to Crane Conservation
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
ON DIVERSITY
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
See also Journal Article in The Quarterly Journal of Economics (1992)
VOLUME, VARIETY, AND VERSATILITY IN GROWTH AND TRADE
Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
1989
Bonuses and Employment in Japan
NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
See also Journal Article in Journal of the Japanese and International Economies (1987)
1988
A PROPOSAL FOR USING INCENTIVE PRE-COMMITMENTS IN PUBLIC ENTERPRISE FUNDING
Working Papers, Yale - Economic Growth Center View citations (7)
1987
A Theory of Job Market Segmentation
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
1984
The Simple Macroeconomics of Profit Sharing
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
See also Journal Article in American Economic Review (1985)
1982
Some Macroeconomic Implications of Alternative Wage Systems
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
1981
Increasing Returns and Unemployment Equilibrium
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (2)
1980
An Exact Small Test of Non-Nested Hypothesis
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
On a General Approach to Search and Information Gathering
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (3)
1979
Funding Criteria for Research, Development and Exploration Projects
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (24)
See also Journal Article in Econometrica (1981)
The 'Ratchet Principle' and Performance Incentives
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
See also Journal Article in Bell Journal of Economics (1980)
1978
Optimal Search for the Best Alternative
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
See also Journal Article in Econometrica (1979)
1976
Optimal Revenue Functions for Economic Regulation
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
1975
The Optimal Development of Resource Pools
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
See also Journal Article in Journal of Economic Theory (1976)
1974
Is the Price System or Rationing More Effective in Getting a Commodity to Those Who Need It Most?
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (1)
See also Journal Article in Bell Journal of Economics (1977)
On the Welfare Significance of National Product in Dynamic Economy
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
See also Journal Article in The Quarterly Journal of Economics (1976)
The New Soviet Incentive Model
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
See also Journal Article in Bell Journal of Economics (1976)
1973
A Marxian Type Model of Enclosure
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
Prices vs. Quantities
Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations (1)
See also Journal Article in Review of Economic Studies (1974)
1971
Alternative Management of Common Property Resources under Free Access and Private Ownership
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
Duality Theory of Convex Programming for Infinite Horizon Economic Models
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
1970
Aggregation and Disaggregation in the Pure Theory of Capital and Growth: A New Parable
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University View citations (3)
1969
Material Balances under Uncertainty
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
See also Journal Article in The Quarterly Journal of Economics (1971)
Optimal Growth with Scale Economies in Overhead Capital
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
Shiftable vs. Non-Shiftable Capital: A Synthesis
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
1968
Soviet Postwar Economic Growth and Capital Labor Substitution
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
See also Journal Article in American Economic Review (1970)
1967
Iterative Multi-Level Planning with Production Targets
Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University
See also Journal Article in Econometrica (1970)
1965
Utility Analysis and Group Behavior: An Empirical Study
Scholarly Articles, Harvard University Department of Economics View citations (9)
Journal Articles
2012
GHG Targets as Insurance Against Catastrophic Climate Damages
Journal of Public Economic Theory , 2012, 14 , (2), 221-244
See also Working Paper (2010)
The Ramsey Discounting Formula for a Hidden-State Stochastic Growth Process
Environmental & Resource Economics , 2012, 53 , (3), 309-321
See also Working Paper (2012)
2011
Fat-Tailed Uncertainty in the Economics of Catastrophic Climate Change
Review of Environmental Economics and Policy , 2011, 5 , (2), 275-292 View citations (6)
2010
Comment on "The Social Evaluation of Intergenerational Policies and Its Application to Integrated Assessment Models of Climate Change"
The B.E. Journal of Economic Analysis & Policy , 2010, 10 , (2), 1-3
How should the distant future be discounted when discount rates are uncertain?
Economics Letters , 2010, 107 , (3), 350-353 View citations (10)
See also Working Paper (2009)
Risk-adjusted gamma discounting
Journal of Environmental Economics and Management , 2010, 60 , (1), 1-13 View citations (10)
See also Working Paper (2009)
WHAT IS THE "DAMAGES FUNCTION" FOR GLOBAL WARMING — AND WHAT DIFFERENCE MIGHT IT MAKE?
Climate Change Economics (CCE) , 2010, 01 , (01), 57-69 View citations (1)
2009
Additive damages, fat-tailed climate dynamics, and uncertain discounting
Economics - The Open-Access, Open-Assessment E-Journal , 2009, 3 , (39), 1-29 View citations (15)
See also Chapter (2011) Working Paper (2009)
On Modeling and Interpreting the Economics of Catastrophic Climate Change
The Review of Economics and Statistics , 2009, 91 , (1), 1-19 View citations (73)
See also Working Paper (2009)
2007
A Review of the Stern Review on the Economics of Climate Change
Journal of Economic Literature , 2007, 45 , (3), 703-724 View citations (109)
Subjective Expectations and Asset-Return Puzzles
American Economic Review , 2007, 97 , (4), 1102-1130 View citations (54)
2005
Testimonials
Comparative Economic Studies , 2005, 47 , (2), 492-502
2004
Stochastic income and wealth
Japan and the World Economy , 2004, 16 , (3), 277-301
2002
Landing Fees vs Harvest Quotas with Uncertain Fish Stocks
Journal of Environmental Economics and Management , 2002, 43 , (2), 325-338 View citations (36)
On the implications of endogenous resistance to medications
Journal of Health Economics , 2002, 21 , (4), 709-718 View citations (6)
2001
A Contribution to the Theory of Welfare Accounting
Scandinavian Journal of Economics , 2001, 103 , (1), 1-23 View citations (14)
Does NNP growth indicate welfare improvement?
Economics Letters , 2001, 73 , (2), 233-239 View citations (43)
See also Working Paper (2001)
Gamma Discounting
American Economic Review , 2001, 91 , (1), 260-271 View citations (103)
See also Working Paper (1998)
Harvesting versus Biodiversity: An Occam's Razor Version
Environmental & Resource Economics , 2001, 18 , (4), 355-366 View citations (4)
2000
An 'economics proof' of the supporting hyperplane theorem
Economics Letters , 2000, 68 , (1), 1-6
Economic Profitability Versus Ecological Entropy
The Quarterly Journal of Economics , 2000, 115 , (1), 237-263 View citations (13)
See also Working Paper (2000)
The linearised Hamiltonian as comprehensive NDP
Environment and Development Economics , 2000, 5 , (01), 55-68 View citations (11)
See also Working Paper (1998)
1999
Correspondence
Journal of Economic Perspectives , 1999, 13 , (3), 235-242 View citations (1)
Pricing The Limits To Growth From Minerals Depletion
The Quarterly Journal of Economics , 1999, 114 , (2), 691-706 View citations (3)
See also Working Paper (1999)
1998
Conflicts and Choices in Biodiversity Preservation
Journal of Economic Perspectives , 1998, 12 , (3), 21-34 View citations (39)
See also Working Paper (1998)
On the welfare significance of national product under interest-rate uncertainty
European Economic Review , 1998, 42 , (8), 1581-1594 View citations (3)
See also Working Paper (1996)
Recombinant Growth
The Quarterly Journal of Economics , 1998, 113 , (2), 331-360 View citations (96)
See also Working Paper (1998)
The Noah's Ark Problem
Econometrica , 1998, 66 , (6), 1279-1298 View citations (44)
Why the Far-Distant Future Should Be Discounted at Its Lowest Possible Rate
Journal of Environmental Economics and Management , 1998, 36 , (3), 201-208 View citations (154)
1997
On the Welfare Significance of Green Accounting as Taught by Parable
Journal of Environmental Economics and Management , 1997, 32 , (2), 139-153 View citations (14)
See also Working Paper (1996)
Sustainability and Technical Progress
Scandinavian Journal of Economics , 1997, 99 , (1), 1-13 View citations (37)
1996
Competition and the evolution of efficiency
Journal of Economic Behavior & Organization , 1996, 30 , (1), 25-43 View citations (10)
Hybridizing Growth Theory
American Economic Review , 1996, 86 , (2), 207-12 View citations (20)
Patterns of Behavior in Endangered Species Preservation
Land Economics , 1996, 72 , (1), 1-16 View citations (34)
1994
Chinese Township-Village Enterprises as Vaguely Defined Cooperatives
Journal of Comparative Economics , 1994, 18 , (2), 121-145 View citations (37)
See also Working Paper (1993)
Monopolistic Competition with Endogenous Specialization
Review of Economic Studies , 1994, 61 , (1), 45-56 View citations (12)
On the Environmental Discount Rate
Journal of Environmental Economics and Management , 1994, 26 , (2), 200-209 View citations (42)
See also Working Paper (1993)
1993
Economic transition: Can theory help?
European Economic Review , 1993, 37 , (2-3), 549-555 View citations (3)
What to Preserve? An Application of Diversity Theory to Crane Conservation?
The Quarterly Journal of Economics , 1993, 108 , (1), 157-83 View citations (30)
1992
On Diversity
The Quarterly Journal of Economics , 1992, 107 , (2), 363-405 View citations (69)
See also Working Paper (1991)
1991
Price Distortion and Shortage Deformation, or What Happened to the Soap?
American Economic Review , 1991, 81 , (3), 401-14 View citations (15)
1989
A Theory of Wage Dispersion and Job Market Segmentation
The Quarterly Journal of Economics , 1989, 104 , (1), 121-37 View citations (8)
1988
Comment on "Can the Share Economy Conquer Stagflation?"
The Quarterly Journal of Economics , 1988, 103 , (1), 219-23 View citations (1)
Consumer's Surplus as an Exact Approximation When Prices Are Appropriately Deflated
The Quarterly Journal of Economics , 1988, 103 , (3), 543-53 View citations (2)
Increasing Returns and the Foundations of Unemployment Theory: Rejoinder
Economic Journal , 1988, 98 , (389), 172-74
1987
Bonuses and employment in Japan
Journal of the Japanese and International Economies , 1987, 1 , (2), 168-194 View citations (18)
See also Working Paper (1989)
General and Miscellaneous Economic Theory and History. Edited by Jurgen Kocka and Gyorgy Ranki. Budapest:Akademiai Kiado, 1985. Pp. 164. $18.00. Economic History and the Modern Economist. Edited by William N. Parker. New York: Basil Blackwell, 1986. Pp. 105. $24.95
The Journal of Economic History , 1987, 47 , (02), 589-590
Steady State Unemployment under Profit Sharing
Economic Journal , 1987, 97 , (385), 86-105 View citations (18)
1986
The share economy symposium: A reply
Journal of Comparative Economics , 1986, 10 , (4), 469-473
1985
Increasing Returns and the Foundations of Unemployment Theory: An Explanation
Journal of Post Keynesian Economics , 1985, 7 , (3), 403-409
Profit Sharing as Macroeconomic Policy
American Economic Review , 1985, 75 , (2), 41-45 View citations (5)
The Simple Macroeconomics of Profit Sharing
American Economic Review , 1985, 75 , (5), 937-53 View citations (48)
See also Working Paper (1984)
1983
Contestable Markets: An Uprising in the Theory of Industry Structure: Comment
American Economic Review , 1983, 73 , (3), 486-87 View citations (8)
Some Macroeconomic Implications of Alternative Compensation Systems
Economic Journal , 1983, 93 , (372), 763-83 View citations (13)
1982
Asymmetries in price and quantity adjustments by the competitive firm
Journal of Economic Theory , 1982, 27 , (2), 410-420 View citations (11)
Increasing Returns and the Foundations of Unemployment Theory
Economic Journal , 1982, 92 , (368), 787-804 View citations (59)
1981
Funding Criteria for Research, Development, and Exploration Projects
Econometrica , 1981, 49 , (5), 1261-88 View citations (42)
See also Working Paper (1979)
Sequential R&D Strategy for Synfuels
Bell Journal of Economics , 1981, 12 , (2), 574-590
1980
Efficient Incentive Contracts
The Quarterly Journal of Economics , 1980, 94 , (4), 719-30 View citations (4)
The "Ratchet Principle" and Performance Incentives
Bell Journal of Economics , 1980, 11 , (1), 302-308
See also Working Paper (1979)
1979
Optimal Search for the Best Alternative
Econometrica , 1979, 47 , (3), 641-54 View citations (80)
See also Working Paper (1978)
Technology transfer to the USSR: An econometric analysis
Journal of Comparative Economics , 1979, 3 , (2), 167-177 View citations (2)
1978
Aggregation for material balances
Journal of Comparative Economics , 1978, 2 , (1), 1-11
Optimal Rewards for Economic Regulation
American Economic Review , 1978, 68 , (4), 683-91 View citations (38)
Reply to "Prices vs. Quantities: A Critical Note on the Use of Approximations" by James M. Malcomson
Review of Economic Studies , 1978, 45 , (1), 209-10 View citations (2)
1977
Is the Price System or Rationing More Effective in Getting a Commodity to Those Who Need It Most?
Bell Journal of Economics , 1977, 8 , (2), 517-524
See also Working Paper (1974)
1976
OPEC and the monopoly price of world oil
European Economic Review , 1976, 8 , (2), 155-164 View citations (8)
On the Welfare Significance of National Product in a Dynamic Economy
The Quarterly Journal of Economics , 1976, 90 , (1), 156-62 View citations (158)
See also Working Paper (1974)
Reply to Fenoaltea
Journal of Development Economics , 1976, 3 , (2), 199-200
The New Soviet Incentive Model
Bell Journal of Economics , 1976, 7 , (1), 251-257
See also Working Paper (1974)
The optimal development of resource pools
Journal of Economic Theory , 1976, 12 , (3), 351-364 View citations (16)
See also Working Paper (1975)
1975
A Marxian model of enclosures
Journal of Development Economics , 1975, 1 , (4), 287-336 View citations (14)
1974
Free access vs private ownership as alternative systems for managing common property
Journal of Economic Theory , 1974, 8 , (2), 225-234 View citations (36)
Prices vs. Quantities
Review of Economic Studies , 1974, 41 , (4), 477-91 View citations (289)
See also Working Paper (1973)
Soviet Postwar Economic Growth and Capital-Labor Substitution: Reply
American Economic Review , 1974, 64 , (1), 243
Also in American Economic Review , 1972, 62 , (4), 682-84 (1972)
1973
Duality Theory for Infinite Horizon Convex Models
Management Science , 1973, 19 , (7), 783-789 View citations (12)
1971
Material Balances under Uncertainty
The Quarterly Journal of Economics , 1971, 85 , (2), 262-82
See also Working Paper (1969)
Shiftable Versus Non-Shiftable Capital: A Synthesis
Econometrica , 1971, 39 , (3), 511-29 View citations (3)
1970
Iterative Multilevel Planning with Production Targets
Econometrica , 1970, 38 , (1), 50-65 View citations (2)
See also Working Paper (1967)
Optimal Growth with Scale Economies in the Creation of Overhead Capital
Review of Economic Studies , 1970, 37 , (4), 555-70 View citations (6)
Soviet Postwar Economic Growth and Capital-Labor Substitution
American Economic Review , 1970, 60 , (4), 676-92 View citations (6)
See also Working Paper (1968)
1967
On Choosing an Optimal Technology
Management Science , 1967, 13 , (5), 413-428
Chapters
2011
Additive Damages, Fat-Tailed Climate Dynamics, and Uncertain Discounting
A chapter in The Economics of Climate Change: Adaptations Past and Present , 2011, pp 23-46 View citations (13)
See also Working Paper (2009) Journal Article in Economics - The Open-Access, Open-Assessment E-Journal (2009)
1986
Macroeconomic Implications Of Profit Sharing
A chapter in NBER Macroeconomics Annual 1986, Volume 1 , 1986, pp 291-354 View citations (7)
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